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Kingsview Wealth Management LLC Takes Position in Interparfums, Inc. $IPAR

Interparfums logo with Consumer Staples background
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Key Points

  • Kingsview Wealth Management acquired 49,148 Interparfums shares worth approximately $5.5 million, giving it a 0.15% stake. Institutional investors and hedge funds collectively own 55.57% of the company.
  • Interparfums reported quarterly EPS of $0.95, matching estimates, while revenue rose 2.1% year over year to $341.04 million. The company maintained fiscal 2026 EPS guidance of $4.85.
  • Analyst sentiment is mixed, with recent downgrades to “hold” offset by Canaccord’s higher $151 price target and “buy” rating; the consensus rating is “Hold” with a $123.29 target.
  • MarketBeat previews the top five stocks to own by October 1st.

Kingsview Wealth Management LLC acquired a new position in shares of Interparfums, Inc. (NASDAQ:IPAR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 49,148 shares of the company's stock, valued at approximately $5,498,000. Kingsview Wealth Management LLC owned approximately 0.15% of Interparfums at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada grew its holdings in Interparfums by 8.7% during the 1st quarter. Royal Bank of Canada now owns 55,923 shares of the company's stock valued at $6,368,000 after buying an additional 4,453 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Interparfums by 61.7% in the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company's stock valued at $333,000 after acquiring an additional 1,115 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Interparfums by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 10,848 shares of the company's stock valued at $1,235,000 after acquiring an additional 476 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Interparfums by 2.7% during the first quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company's stock valued at $15,825,000 after acquiring an additional 3,684 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its stake in shares of Interparfums by 24.1% during the second quarter. Russell Investments Group Ltd. now owns 9,752 shares of the company's stock valued at $1,281,000 after acquiring an additional 1,893 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Stock Up 0.4%

IPAR opened at $117.78 on Friday. Interparfums, Inc. has a 12 month low of $77.21 and a 12 month high of $129.29. The business has a 50-day moving average of $117.89 and a two-hundred day moving average of $102.52. The company has a debt-to-equity ratio of 0.09, a current ratio of 3.31 and a quick ratio of 2.00. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 22.52 and a beta of 1.11.

Interparfums (NASDAQ:IPAR - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, hitting the consensus estimate of $0.95. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The business had revenue of $341.04 million for the quarter, compared to analyst estimates of $341.00 million. During the same period in the prior year, the firm posted $0.99 EPS. The company's revenue was up 2.1% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts expect that Interparfums, Inc. will post 4.85 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on IPAR shares. The Goldman Sachs Group downgraded shares of Interparfums from a "buy" rating to a "neutral" rating and boosted their target price for the company from $110.00 to $129.00 in a research note on Monday, August 10th. Berenberg Bank cut shares of Interparfums from a "buy" rating to a "hold" rating and set a $130.00 price target on the stock. in a research note on Friday, August 14th. Weiss Ratings upgraded shares of Interparfums from a "hold (c-)" rating to a "hold (c)" rating in a report on Wednesday, July 8th. TD Cowen lowered shares of Interparfums from a "buy" rating to a "hold" rating and boosted their price objective for the company from $110.00 to $120.00 in a research report on Monday, August 10th. Finally, Canaccord Genuity Group upped their price objective on shares of Interparfums from $141.00 to $151.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $123.29.

Read Our Latest Research Report on Interparfums

Insiders Place Their Bets

In other Interparfums news, Director Veronique Gabai-Pinsky sold 900 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total transaction of $105,174.00. Following the transaction, the director owned 900 shares of the company's stock, valued at $105,174. This trade represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 43.60% of the stock is currently owned by corporate insiders.

About Interparfums

(Free Report)

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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Want to see what other hedge funds are holding IPAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Interparfums, Inc. (NASDAQ:IPAR - Free Report).

Institutional Ownership by Quarter for Interparfums (NASDAQ:IPAR)

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