Range Financial Group LLC Purchases New Position in Interparfums, Inc. $IPAR

Key Points

• Range Financial Group LLC initiated a new stake in Interparfums of 18,769 shares valued at about $1.59 million, representing roughly 0.06% of the company.
• Interparfums beat Q4 expectations, reporting $0.88 EPS vs. $0.78 expected and revenue of $386.18M vs. $366.76M, while management set FY2026 guidance at 4.85 EPS (analysts average 5.14).
• The company announced a quarterly dividend of $0.80 per share (annualized $3.20), with an ex-dividend date of March 16 and a yield of about 3.5%.

Range Financial Group LLC purchased a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 18,769 shares of the company's stock, valued at approximately $1,592,000. Range Financial Group LLC owned about 0.06% of Interparfums at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Royal Bank of Canada increased its stake in shares of Interparfums by 8.7% during the first 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 period. AQR Capital Management LLC lifted its stake in Interparfums by 61.7% in the first quarter. AQR Capital Management LLC now owns 2,923 shares of the company's stock worth $333,000 after acquiring an additional 1,115 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in 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. increased its position in Interparfums by 2.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 138,977 shares of the company's stock valued at $15,825,000 after purchasing an additional 3,684 shares during the period. Finally, SG Americas Securities LLC increased its position in Interparfums by 36.4% during the 2nd quarter. SG Americas Securities LLC now owns 1,656 shares of the company's stock valued at $217,000 after purchasing an additional 442 shares during the period. Hedge funds and other institutional investors own 55.57% of the company's stock.

Interparfums Stock Performance

Shares of Interparfums stock opened at $90.44 on Tuesday. Interparfums, Inc. has a 12 month low of $77.21 and a 12 month high of $142.61. The firm has a market capitalization of $2.90 billion, a P/E ratio of 17.26 and a beta of 1.21. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. The business has a fifty day simple moving average of $96.48 and a two-hundred day simple moving average of $92.25.

Interparfums (NASDAQ:IPAR - Get Free Report) last released its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, topping analysts' consensus estimates of $0.78 by $0.10. The firm had revenue of $386.18 million for the quarter, compared to the consensus estimate of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The company's revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities analysts forecast that Interparfums, Inc. will post 5.14 earnings per share for the current fiscal year.

Interparfums Dividend Announcement

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

Analyst Upgrades and Downgrades

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

Interparfums Profile

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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