Burney Co. Makes New $3.96 Million Investment in Interparfums, Inc. $IPAR

Burney Co. acquired a new stake in Interparfums, Inc. (NASDAQ:IPAR) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 43,571 shares of the company’s stock, valued at approximately $3,958,000. Burney Co. owned approximately 0.14% of Interparfums at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in IPAR. Elevation Point Wealth Partners LLC acquired a new stake in Interparfums in the first quarter worth approximately $214,000. Deprince Race & Zollo Inc. acquired a new stake in Interparfums in the 1st quarter valued at about $30,283,000. MQS Management LLC acquired a new stake in Interparfums in the 1st quarter valued at about $322,000. Inspire Investing LLC boosted its position in shares of Interparfums by 4.2% during the 1st quarter. Inspire Investing LLC now owns 5,723 shares of the company’s stock valued at $520,000 after purchasing an additional 230 shares in the last quarter. Finally, Louisiana State Employees Retirement System bought a new position in shares of Interparfums during the 1st quarter valued at about $736,000. Institutional investors and hedge funds own 55.57% of the company’s stock.

Interparfums Stock Up 1.0%

Shares of Interparfums stock opened at $122.25 on Wednesday. The firm has a market cap of $3.92 billion, a price-to-earnings ratio of 23.20 and a beta of 1.13. The stock has a 50-day simple moving average of $97.44 and a 200-day simple moving average of $94.74. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $139.00. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05.

Interparfums (NASDAQ:IPAR) last released 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. The firm had revenue of $344.89 million for the quarter, compared to the consensus estimate of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.The firm’s revenue was up 1.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.32 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, equities research analysts expect that Interparfums, Inc. will post 4.82 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

IPAR has been the topic of a number of recent research reports. TD Cowen started coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 target price on the stock. Wall Street Zen downgraded shares of Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. BWS Financial reaffirmed a “neutral” rating and set a $85.00 target price on shares of Interparfums in a research note on Wednesday, April 22nd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a report on Wednesday, June 24th. One 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. Based on data from MarketBeat, the stock currently 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.