Mawer Investment Management Ltd. Invests $6.52 Million in Interparfums, Inc. $IPAR

Mawer Investment Management Ltd. purchased a new stake in Interparfums, Inc. (NASDAQ:IPAR) in the 4th quarter, Holdings Channel reports. The fund purchased 76,881 shares of the company’s stock, valued at approximately $6,522,000.

Several other institutional investors also recently made changes to their positions in IPAR. JPMorgan Chase & Co. increased its holdings in Interparfums by 27.4% in the third quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock valued at $11,277,000 after buying an additional 24,673 shares in the last quarter. Vanguard Group Inc. boosted its position in Interparfums by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 2,163,784 shares of the company’s stock worth $183,554,000 after purchasing an additional 62,832 shares in the last quarter. Public Sector Pension Investment Board grew its holdings in Interparfums by 16.4% in the third quarter. Public Sector Pension Investment Board now owns 71,421 shares of the company’s stock valued at $7,026,000 after purchasing an additional 10,080 shares during the last quarter. UBS Group AG grew its holdings in Interparfums by 91.4% in the fourth quarter. UBS Group AG now owns 131,105 shares of the company’s stock valued at $11,122,000 after purchasing an additional 62,605 shares during the last quarter. Finally, Tudor Investment Corp ET AL purchased a new position in shares of Interparfums in the third quarter valued at $5,156,000. 55.57% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Interparfums

In other news, CEO Jean Madar sold 20,000 shares of Interparfums stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total value of $1,820,400.00. Following the transaction, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at $643,178,357.82. The trade was a 0.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. 43.70% of the stock is currently owned by company insiders.

Interparfums Stock Down 2.1%

Shares of NASDAQ IPAR opened at $92.40 on Tuesday. The stock has a market capitalization of $2.96 billion, a PE ratio of 17.53 and a beta of 1.16. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10. The firm has a fifty day moving average of $91.91 and a 200-day moving average of $91.04. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $142.61.

Interparfums (NASDAQ:IPAR) last issued its earnings results 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. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.The business had revenue of $344.89 million for the quarter, compared to analyst estimates of $345.00 million. During the same period last year, the company posted $1.32 EPS. The business’s quarterly revenue was up 1.8% on a year-over-year basis. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, analysts anticipate that Interparfums, Inc. will post 4.82 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Zacks Research upgraded shares of Interparfums from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Friday, March 27th. BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a research note on Wednesday, April 22nd. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a research note on Sunday, April 26th. Finally, TD Cowen initiated coverage on Interparfums in a report on Monday. They set a “buy” rating and a $110.00 target price on the stock. 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. Based on data from MarketBeat, Interparfums currently has a consensus 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.