Great Lakes Advisors LLC Purchases Shares of 30,532 Interparfums, Inc. $IPAR

Great Lakes Advisors LLC bought a new position in shares of Interparfums, Inc. (NASDAQ:IPAR) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 30,532 shares of the company’s stock, valued at approximately $3,415,000. Great Lakes Advisors LLC owned 0.10% of Interparfums at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its stake 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 period. Advisory Services Network LLC purchased a new position in Interparfums during the 3rd quarter valued at $40,000. Global Retirement Partners LLC raised its holdings in Interparfums by 39.0% in the 4th quarter. Global Retirement Partners LLC now owns 481 shares of the company’s stock worth $41,000 after purchasing an additional 135 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Interparfums by 34.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock worth $44,000 after purchasing an additional 124 shares during the period. Finally, Larson Financial Group LLC purchased a new stake in shares of Interparfums in the 4th quarter worth about $46,000. 55.57% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on IPAR shares. Weiss Ratings raised shares of Interparfums from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, July 8th. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Jefferies Financial Group upped their target price on Interparfums from $115.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, July 28th. BWS Financial lowered Interparfums from a “neutral” rating to a “sell” rating and set a $85.00 target price for the company. in a research report on Monday. Finally, TD Cowen lowered Interparfums from a “buy” rating to a “hold” rating and lifted their price target for the company from $110.00 to $120.00 in a research report on Monday, August 10th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Interparfums presently has an average rating of “Hold” and a consensus price target of $123.29.

Interparfums Stock Down 1.9%

Shares of Interparfums stock opened at $114.75 on Friday. The company has a 50-day simple moving average of $115.80 and a two-hundred day simple moving average of $101.83. The stock has a market capitalization of $3.68 billion, a PE ratio of 21.94 and a beta of 1.11. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $129.29. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.00 and a current ratio of 3.31.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.95 earnings per share for the quarter, meeting the consensus estimate of $0.95. The company had revenue of $341.04 million during the quarter, compared to the consensus estimate of $341.00 million. Interparfums had a net margin of 11.17% and a return on equity of 15.21%. The firm’s quarterly revenue was up 2.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.99 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts anticipate that Interparfums, Inc. will post 4.85 EPS for the current fiscal year.

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.