Interparfums, Inc. $IPAR Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in Interparfums, Inc. (NASDAQ:IPAR) by 27.4% in the third quarter, Holdings Channel reports. The firm owned 114,625 shares of the company’s stock after purchasing an additional 24,673 shares during the period. JPMorgan Chase & Co.’s holdings in Interparfums were worth $11,277,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Osaic Holdings Inc. increased its position in shares of Interparfums by 1.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after acquiring an additional 106 shares during the period. Creative Planning grew its stake in Interparfums by 2.3% during the 2nd quarter. Creative Planning now owns 5,667 shares of the company’s stock valued at $744,000 after purchasing an additional 125 shares during the last quarter. California State Teachers Retirement System increased its holdings in shares of Interparfums by 0.8% in the second quarter. California State Teachers Retirement System now owns 17,704 shares of the company’s stock valued at $2,325,000 after purchasing an additional 132 shares during the period. First Horizon Advisors Inc. raised its stake in shares of Interparfums by 71.2% in the second quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock worth $49,000 after purchasing an additional 156 shares during the last quarter. Finally, Amalgamated Bank raised its stake in shares of Interparfums by 3.4% in the third quarter. Amalgamated Bank now owns 5,303 shares of the company’s stock worth $522,000 after purchasing an additional 176 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $95.88 on Friday. The company has a market capitalization of $3.07 billion, a PE ratio of 18.30 and a beta of 1.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.97 and a current ratio of 2.99. The company’s fifty day moving average price is $95.12 and its 200 day moving average price is $95.18. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings data on Tuesday, February 24th. The company reported $0.88 earnings per share 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 company had revenue of $386.18 million during the quarter, compared to analysts’ expectations of $366.76 million. During the same quarter in the previous year, the company earned $0.82 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts predict that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Interparfums Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be given a dividend of $0.80 per share. The ex-dividend date is Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.3%. Interparfums’s dividend payout ratio is currently 61.07%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research report on Thursday, January 29th. Jefferies Financial Group began coverage on shares of Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective for the company. Canaccord Genuity Group reiterated a “buy” rating and issued a $123.00 price objective on shares of Interparfums in a research note on Wednesday, November 19th. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a report on Monday, December 29th. Finally, UBS Group set a $103.00 price target on shares of Interparfums in a report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $119.14.

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.