Interparfums, Inc. $IPAR Shares Sold by WCM Investment Management LLC

WCM Investment Management LLC cut its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 34.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 97,039 shares of the company’s stock after selling 51,016 shares during the quarter. WCM Investment Management LLC’s holdings in Interparfums were worth $8,776,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of IPAR. Vanguard Group Inc. raised 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 purchasing an additional 62,832 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of Interparfums by 2.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 796,189 shares of the company’s stock valued at $72,326,000 after purchasing an additional 20,146 shares during the period. Charles Schwab Investment Management Inc. boosted its position in shares of Interparfums by 3.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 753,469 shares of the company’s stock valued at $63,917,000 after purchasing an additional 23,767 shares during the period. First Trust Advisors LP increased its stake in Interparfums by 17.3% in the 4th quarter. First Trust Advisors LP now owns 736,782 shares of the company’s stock worth $62,501,000 after purchasing an additional 108,433 shares in the last quarter. Finally, State Street Corp increased its stake in Interparfums by 0.8% in the 4th quarter. State Street Corp now owns 688,964 shares of the company’s stock worth $58,445,000 after purchasing an additional 5,370 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Interparfums Price Performance

NASDAQ IPAR opened at $124.40 on Tuesday. The company has a 50 day simple moving average of $102.44 and a 200-day simple moving average of $96.98. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $133.97. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of 23.61 and a beta of 1.13. 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 released its quarterly earnings data 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. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. The firm had revenue of $344.89 million for the quarter, compared to analyst estimates of $345.00 million. During the same quarter in the prior year, the business earned $1.32 EPS. The company’s revenue for the quarter was up 1.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts predict that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have issued reports on IPAR shares. Wall Street Zen downgraded Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. BWS Financial reiterated a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a report on Wednesday, April 22nd. TD Cowen initiated coverage on shares of Interparfums in a research report on Monday, June 1st. They issued a “buy” rating and a $110.00 target price on the stock. Finally, Weiss Ratings upgraded shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, Interparfums presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

About Interparfums

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.