Deprince Race & Zollo Inc. Invests $30.28 Million in Interparfums, Inc. $IPAR

Deprince Race & Zollo Inc. purchased a new position in shares of Interparfums, Inc. (NASDAQ:IPAR) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 333,367 shares of the company’s stock, valued at approximately $30,283,000. Deprince Race & Zollo Inc. owned 1.04% of Interparfums as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in IPAR. Oregon Public Employees Retirement Fund lifted its position in Interparfums by 2.4% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock worth $357,000 after buying an additional 100 shares in the last quarter. Osaic Holdings Inc. boosted its stake in shares of Interparfums by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after buying an additional 106 shares during the period. ProShare Advisors LLC boosted its stake in shares of Interparfums by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after buying an additional 107 shares during the period. PNC Financial Services Group Inc. grew its holdings in shares of Interparfums by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock valued at $224,000 after acquiring an additional 110 shares in the last quarter. Finally, State of Wyoming increased its stake in shares of Interparfums by 23.0% in the fourth quarter. State of Wyoming now owns 600 shares of the company’s stock worth $51,000 after acquiring an additional 112 shares during the last quarter. 55.57% of the stock is owned by hedge funds and other institutional investors.

Interparfums Price Performance

Shares of Interparfums stock opened at $115.66 on Thursday. The firm has a fifty day simple moving average of $95.18 and a 200-day simple moving average of $93.71. The company has a current ratio of 3.26, a quick ratio of 2.05 and a debt-to-equity ratio of 0.10. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $139.94. The stock has a market capitalization of $3.70 billion, a price-to-earnings ratio of 21.95 and a beta of 1.13.

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

Analysts Set New Price Targets

A number of analysts recently issued reports on IPAR shares. Weiss Ratings reissued a “hold (c-)” rating on shares of Interparfums in a research report on Wednesday, June 24th. TD Cowen assumed coverage on Interparfums in a research note on Monday, June 1st. They set a “buy” rating and a $110.00 price target for the company. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Finally, BWS Financial reissued a “neutral” rating and issued a $85.00 price target on shares of Interparfums in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $106.00.

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.