Interparfums, Inc. $IPAR Shares Sold by Aurora Investment Counsel

Aurora Investment Counsel lowered its holdings in Interparfums, Inc. (NASDAQ:IPAR) by 81.4% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,705 shares of the company’s stock after selling 16,237 shares during the period. Aurora Investment Counsel’s holdings in Interparfums were worth $314,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of IPAR. JPMorgan Chase & Co. boosted its stake in shares of Interparfums by 27.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock valued at $11,277,000 after buying an additional 24,673 shares during the last quarter. Vanguard Group Inc. grew its position in shares of Interparfums by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after buying an additional 62,832 shares in the last quarter. UBS Group AG increased its stake in shares of Interparfums by 91.4% in the fourth quarter. UBS Group AG now owns 131,105 shares of the company’s stock worth $11,122,000 after buying an additional 62,605 shares during the last quarter. Public Sector Pension Investment Board raised its holdings in Interparfums by 16.4% in the third quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock valued at $7,026,000 after acquiring an additional 10,080 shares in the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in Interparfums in the third quarter valued at $5,156,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Stock Up 1.6%

IPAR stock opened at $101.78 on Friday. The firm has a market cap of $3.26 billion, a price-to-earnings ratio of 19.31 and a beta of 1.16. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $141.51. The firm has a fifty day moving average price of $92.55 and a two-hundred day moving average price of $91.62. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05.

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

Analyst Ratings Changes

Several brokerages have weighed in on IPAR. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. Wall Street Zen lowered 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 price target on shares of Interparfums in a research note on Wednesday, April 22nd. Finally, TD Cowen initiated coverage on Interparfums in a research note on Monday, June 1st. They issued a “buy” rating and a $110.00 price target for the company. One equities research 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 stock. Based on data from MarketBeat.com, Interparfums has a consensus rating of “Moderate Buy” and an average price target of $106.00.

Insiders Place Their Bets

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $91.02, for a total value of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. This trade represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 43.70% of the stock is currently owned by company insiders.

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.