Interparfums, Inc. $IPAR Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC raised its stake in Interparfums, Inc. (NASDAQ:IPAR) by 460.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 7,269 shares of the company’s stock after acquiring an additional 5,973 shares during the period. Nisa Investment Advisors LLC’s holdings in Interparfums were worth $617,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Osaic Holdings Inc. grew its holdings in shares of Interparfums by 1.6% in the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock worth $865,000 after acquiring an additional 106 shares during the last quarter. US Bancorp DE lifted its holdings in shares of Interparfums by 1.7% during the third quarter. US Bancorp DE now owns 7,183 shares of the company’s stock valued at $707,000 after purchasing an additional 121 shares during the last quarter. California State Teachers Retirement System lifted its holdings in shares of Interparfums by 0.8% during 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 last quarter. Creative Planning boosted its position in shares of Interparfums by 3.0% in the 3rd quarter. Creative Planning now owns 5,839 shares of the company’s stock valued at $574,000 after purchasing an additional 172 shares during the period. Finally, Amalgamated Bank increased its stake in Interparfums by 3.4% in the 3rd quarter. Amalgamated Bank now owns 5,303 shares of the company’s stock worth $522,000 after purchasing an additional 176 shares in the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Price Performance

Shares of Interparfums stock opened at $90.61 on Friday. The stock has a 50-day moving average price of $96.16 and a 200 day moving average price of $91.93. The company has a market cap of $2.91 billion, a P/E ratio of 17.29 and a beta of 1.25. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61.

Interparfums (NASDAQ:IPAR) last released its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.10. The company had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The business’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, analysts expect that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

Interparfums Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were given a dividend of $0.80 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.5%. Interparfums’s payout ratio is presently 61.07%.

Insiders Place Their Bets

In other Interparfums news, CEO Jean Madar sold 20,000 shares of the company’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 value of $1,820,400.00. Following the transaction, the chief executive officer owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This represents a 0.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 43.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on IPAR shares. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Jefferies Financial Group started coverage on shares of Interparfums in a report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. Finally, BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a research note on Thursday, January 29th. One 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $110.67.

Interparfums Company 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.