BNP Paribas Financial Markets Increases Position in Interparfums, Inc. $IPAR

BNP Paribas Financial Markets grew its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 94.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 82,800 shares of the company’s stock after purchasing an additional 40,131 shares during the quarter. BNP Paribas Financial Markets’ holdings in Interparfums were worth $7,024,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in IPAR. Hantz Financial Services Inc. lifted its holdings in Interparfums by 172.2% in the fourth quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after acquiring an additional 217 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in Interparfums in the third quarter worth about $35,000. Advisory Services Network LLC bought a new position in Interparfums in the third quarter worth about $40,000. Global Retirement Partners LLC lifted its holdings in Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after acquiring an additional 135 shares during the last quarter. Finally, Quarry LP lifted its holdings in Interparfums by 1,180.5% in the third quarter. Quarry LP now owns 525 shares of the company’s stock worth $52,000 after acquiring an additional 484 shares during the last quarter. 55.57% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Interparfums

In related news, CEO Jean Madar sold 20,000 shares of the company’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 7,066,341 shares in the company, valued at approximately $643,178,357.82. This represents a 0.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 43.70% of the company’s stock.

Interparfums Trading Up 4.8%

Interparfums stock opened at $96.86 on Wednesday. The firm’s 50 day moving average price is $92.02 and its two-hundred day moving average price is $91.29. Interparfums, Inc. has a 1 year low of $77.21 and a 1 year high of $142.61. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 18.38 and a beta of 1.16.

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on IPAR shares. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. TD Cowen assumed coverage on shares of Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 target price on the stock. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. Finally, BWS Financial reaffirmed a “neutral” rating and set a $85.00 price target on shares of Interparfums in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.