JPMorgan Chase & Co. Buys 24,673 Shares of Interparfums, Inc. $IPAR

Key Points

• JPMorgan Chase increased its stake in Interparfums by 27.4% in Q3, adding 24,673 shares to own 114,625 shares (about $11.28 million), representing roughly 0.36% of the company.
• Interparfums beat Q results (EPS $0.88 vs. $0.78 estimate; revenue $386.18M vs. $366.76M), set FY2026 EPS guidance at 4.85, and announced a quarterly dividend of $0.80 ($3.20 annual, ~3.5% yield; ex-dividend Mar 16).
• Analyst sentiment is mixed-to-positive with an average rating of Moderate Buy and an average price target of $110.67, while institutional investors hold about 55.57% of the stock.

JPMorgan Chase & Co. grew its stake in Interparfums, Inc. (NASDAQ:IPAR - Free Report) by 27.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 114,625 shares of the company's stock after buying an additional 24,673 shares during the period. JPMorgan Chase & Co. owned 0.36% of Interparfums worth $11,277,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Public Sector Pension Investment Board lifted its position in shares of Interparfums by 16.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company's stock worth $7,026,000 after purchasing an additional 10,080 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in shares of Interparfums by 2.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 714,891 shares of the company's stock valued at $93,872,000 after purchasing an additional 15,453 shares during the last quarter. Carolina Wealth Advisors LLC increased its position in shares of Interparfums by 7,956.7% during the third quarter. Carolina Wealth Advisors LLC now owns 46,326 shares of the company's stock worth $4,558,000 after buying an additional 45,751 shares during the period. Westwood Holdings Group Inc. raised its stake in Interparfums by 66.8% during the second quarter. Westwood Holdings Group Inc. now owns 775,590 shares of the company's stock worth $101,843,000 after buying an additional 310,712 shares during the last quarter. Finally, Summit Creek Advisors LLC raised its stake in Interparfums by 84.6% during the third quarter. Summit Creek Advisors LLC now owns 98,413 shares of the company's stock worth $9,682,000 after buying an additional 45,096 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Weiss Ratings restated a "hold (c-)" rating on shares of Interparfums in a report on Monday, December 29th. Wall Street Zen lowered Interparfums from a "buy" rating to a "hold" rating in a research report on Saturday. Zacks Research raised Interparfums from a "strong sell" rating to a "hold" rating in a research note on Monday, February 2nd. BWS Financial restated a "neutral" rating and set a $85.00 target price on shares of Interparfums in a research report on Thursday, January 29th. Finally, Jefferies Financial Group started coverage on Interparfums in a research note on Wednesday, January 14th. They set a "buy" rating and a $112.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Interparfums presently has an average rating of "Moderate Buy" and an average target price of $110.67.

Interparfums Price Performance

Shares of IPAR opened at $90.53 on Friday. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $142.61. The business's fifty day moving average is $96.47 and its 200 day moving average is $92.48. The company has a quick ratio of 1.97, a current ratio of 2.99 and a debt-to-equity ratio of 0.11. The stock has a market cap of $2.90 billion, a P/E ratio of 17.28 and a beta of 1.21.

Interparfums (NASDAQ:IPAR - Get Free Report) last announced its quarterly earnings results on Tuesday, February 24th. The company reported $0.88 EPS for the quarter, beating analysts' consensus estimates of $0.78 by $0.10. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The business had revenue of $386.18 million during the quarter, compared to analyst estimates of $366.76 million. During the same quarter in the previous year, the business posted $0.82 EPS. Interparfums's quarterly revenue was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts anticipate that Interparfums, Inc. will post 5.14 earnings per share for the current fiscal year.

Interparfums Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Monday, March 16th. This represents a $3.20 annualized dividend and a dividend yield of 3.5%. Interparfums's payout ratio is presently 61.07%.

About Interparfums

Interparfums, Inc is a global fragrance company that designs, manufactures and distributes a broad range of premium perfume and cosmetic products. Operating primarily through licensing agreements with established fashion and luxury brands, the company oversees every stage of product development from concept and formulation to production and global distribution. Its portfolio encompasses well-known names in the fragrance industry, including Montblanc, Coach, Jimmy Choo, Van Cleef & Arpels and Lanvin, among others.

The company's core activities include fragrance creation, brand management and international logistics.

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