Maverick Capital Ltd. Takes $5.15 Million Position in Interparfums, Inc. $IPAR

Maverick Capital Ltd. purchased a new position in shares of Interparfums, Inc. (NASDAQ:IPAR) during the 1st quarter, HoldingsChannel.com reports. The firm purchased 56,734 shares of the company’s stock, valued at approximately $5,154,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its position in Interparfums by 172.2% during the 4th quarter. Hantz Financial Services Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 217 shares during the period. Advisory Services Network LLC acquired a new position in Interparfums in the 3rd quarter valued at approximately $40,000. Global Retirement Partners LLC increased its position in Interparfums by 39.0% in the 4th 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 period. GAMMA Investing LLC raised its stake in shares of Interparfums by 269.9% during the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock valued at $45,000 after acquiring an additional 386 shares during the last quarter. Finally, Larson Financial Group LLC bought a new position in shares of Interparfums during the fourth quarter valued at $46,000. 55.57% of the stock is currently owned by institutional investors.

Interparfums Stock Performance

NASDAQ:IPAR opened at $124.70 on Tuesday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.05 and a current ratio of 3.26. Interparfums, Inc. has a fifty-two week low of $77.21 and a fifty-two week high of $128.62. The company has a 50 day simple moving average of $105.88 and a two-hundred day simple moving average of $98.28. The company has a market capitalization of $3.99 billion, a PE ratio of 23.66 and a beta of 1.13.

Interparfums (NASDAQ:IPAR) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share (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 net margin of 11.32% and a return on equity of 15.47%. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Research analysts anticipate that Interparfums, Inc. will post 4.82 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on IPAR. TD Cowen initiated coverage on shares of Interparfums in a report on Monday, June 1st. They set a “buy” rating and a $110.00 price target on the stock. Canaccord Genuity Group increased their price objective on Interparfums from $123.00 to $141.00 and gave the company a “buy” rating in a report on Thursday. Wall Street Zen lowered 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 report on Wednesday, April 22nd. Finally, Weiss Ratings raised Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $109.00.

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.