Mirae Asset Global Investments Co. Ltd. Acquires 17,397 Shares of Interparfums, Inc. $IPAR

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Interparfums, Inc. (NASDAQ:IPAR) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,397 shares of the company’s stock, valued at approximately $1,930,000.

Other large investors have also bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Interparfums during the 3rd quarter worth about $25,000. Versant Capital Management Inc grew its position in shares of Interparfums by 75.4% in the 2nd quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock valued at $48,000 after buying an additional 184 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Interparfums in the second quarter valued at about $48,000. Integrated Wealth Concepts LLC acquired a new stake in shares of Interparfums in the second quarter valued at about $50,000. Finally, EverSource Wealth Advisors LLC increased its stake in shares of Interparfums by 34.2% in the first quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after buying an additional 124 shares during the period. 55.57% of the stock is owned by institutional investors.

Interparfums Stock Up 0.2%

Shares of Interparfums stock opened at $135.55 on Friday. The stock’s 50-day moving average is $115.45 and its 200 day moving average is $105.42. Interparfums, Inc. has a one year low of $77.21 and a one year high of $136.52. The firm has a market cap of $4.34 billion, a price-to-earnings ratio of 25.53 and a beta of 1.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.33 and a quick ratio of 2.00.

Interparfums (NASDAQ:IPAR) last issued its earnings results on Wednesday, November 4th. The company reported $2.13 earnings per share for the quarter, topping analysts’ consensus estimates of $1.81 by $0.32. Interparfums had a return on equity of 15.43% and a net margin of 11.33%. The business had revenue of $429.51 million during the quarter, compared to the consensus estimate of $430.00 million. During the same period in the previous year, the company posted $2.05 earnings per share. The firm’s revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts anticipate that Interparfums, Inc. will post 4.85 EPS for the current year.

Interparfums Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be given a dividend of $0.80 per share. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $3.20 annualized dividend and a dividend yield of 2.4%. Interparfums’s dividend payout ratio (DPR) is 60.26%.

Analysts Set New Price Targets

IPAR has been the topic of a number of recent analyst reports. Jefferies Financial Group lifted their price objective on Interparfums from $145.00 to $156.00 and gave the stock a “buy” rating in a research note on Friday. Berenberg Bank downgraded shares of Interparfums from a “buy” rating to a “hold” rating and set a $130.00 target price for the company. in a research report on Friday, August 14th. BWS Financial downgraded shares of Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 target price for the company. in a research report on Monday, August 17th. The Goldman Sachs Group lowered shares of Interparfums from a “buy” rating to a “neutral” rating and raised their price target for the stock from $110.00 to $129.00 in a report on Monday, August 10th. Finally, Canaccord Genuity Group boosted their price target on shares of Interparfums from $151.00 to $154.00 and gave the stock a “buy” rating in a research report on Friday. Two analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Interparfums presently has an average rating of “Hold” and an average price target of $125.29.

More Interparfums News

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Jefferies raised its price target to $156 from $145 and maintained a Buy rating, implying about 15% upside from $135.55. Jefferies rating information
• Positive Sentiment: Canaccord Genuity increased its target to $154 from $151 and kept its Buy rating, citing roughly 14% potential upside. Canaccord Genuity rating information
• Positive Sentiment: Interparfums reported third-quarter EPS of $2.13, ahead of estimates and above $2.05 a year earlier. Margin expansion and tariff refunds boosted profitability, and the company raised its 2026 sales guidance. Q3 earnings and guidance article
• Positive Sentiment: The company declared a quarterly dividend of $0.80 per share, payable December 31, with a December 15 ex-dividend date. The annualized payout is $3.20 per share. Dividend announcement

Insider Buying and Selling at Interparfums

In other news, Director Veronique Gabai-Pinsky sold 900 shares of Interparfums stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the sale, the director owned 900 shares in the company, valued at $105,174. The trade was a 50.00% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 43.60% of the stock is owned by corporate insiders.

About Interparfums

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.