SG Americas Securities LLC Has $2.24 Million Stake in Interparfums, Inc. $IPAR

SG Americas Securities LLC reduced its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 80.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,621 shares of the company’s stock after selling 98,269 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Interparfums worth $2,237,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. increased its stake in shares of Interparfums by 172.2% in the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock valued at $29,000 after buying an additional 217 shares during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of Interparfums during the third quarter valued at $35,000. Advisory Services Network LLC acquired a new position in shares of Interparfums during the third quarter valued at $40,000. Global Retirement Partners LLC boosted its holdings in Interparfums by 39.0% in the fourth quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock valued at $41,000 after acquiring an additional 135 shares during the last quarter. Finally, Quarry LP boosted its holdings in Interparfums by 1,180.5% in the third quarter. Quarry LP now owns 525 shares of the company’s stock valued at $52,000 after acquiring an additional 484 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Stock Performance

Shares of IPAR stock opened at $115.66 on Thursday. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The stock has a market cap of $3.70 billion, a PE ratio of 21.95 and a beta of 1.13. The stock has a 50-day moving average of $95.18 and a 200-day moving average of $93.71. Interparfums, Inc. has a one year low of $77.21 and a one year high of $139.94.

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

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on IPAR. BWS Financial reaffirmed a “neutral” rating and issued a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. TD Cowen started coverage on shares of Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price objective on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Interparfums in a research note on Wednesday, June 24th. One investment 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. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.