Royce & Associates LP Has $57.96 Million Stock Holdings in Interparfums, Inc. $IPAR

Royce & Associates LP lifted its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 42.0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 683,201 shares of the company’s stock after buying an additional 202,207 shares during the period. Interparfums makes up about 0.6% of Royce & Associates LP’s holdings, making the stock its 26th largest holding. Royce & Associates LP’s holdings in Interparfums were worth $57,956,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. boosted its stake in shares of Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in shares of Interparfums during the 3rd quarter worth about $35,000. Advisory Services Network LLC acquired a new position in shares of Interparfums during the 3rd quarter worth about $40,000. Global Retirement Partners LLC boosted its stake in shares of Interparfums by 39.0% during the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after buying an additional 135 shares during the last quarter. Finally, Quarry LP lifted its stake in Interparfums by 1,180.5% in the 3rd quarter. Quarry LP now owns 525 shares of the company’s stock valued at $52,000 after purchasing an additional 484 shares during the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the transaction, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at approximately $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 43.70% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research note on Friday, March 27th. Finally, Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Interparfums has a consensus rating of “Moderate Buy” and a consensus price target of $105.20.

Interparfums Price Performance

Interparfums stock opened at $92.63 on Tuesday. The stock has a market cap of $2.97 billion, a P/E ratio of 17.58 and a beta of 1.16. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. Interparfums, Inc. has a twelve month low of $77.21 and a twelve month high of $142.61. The company’s 50-day moving average price is $91.51 and its two-hundred day moving average price is $90.83.

Interparfums (NASDAQ:IPAR) last released its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.21. The firm had revenue of $344.89 million for the quarter, compared to analysts’ expectations of $345.00 million. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The business’s revenue was up 1.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, analysts expect that Interparfums, Inc. will post 4.82 EPS for the current year.

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.