Voya Investment Management LLC Sells 578 Shares of Interparfums, Inc. $IPAR

Voya Investment Management LLC cut its stake in shares of Interparfums, Inc. (NASDAQ:IPAR) by 10.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,846 shares of the company’s stock after selling 578 shares during the period. Voya Investment Management LLC’s holdings in Interparfums were worth $552,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IPAR. Eukles Asset Management bought a new position in Interparfums during the 1st quarter valued at $30,000. CWM LLC lifted its stake in Interparfums by 29.4% during the 1st quarter. CWM LLC now owns 418 shares of the company’s stock valued at $48,000 after acquiring an additional 95 shares in the last quarter. Blue Trust Inc. lifted its stake in Interparfums by 52.0% during the 1st quarter. Blue Trust Inc. now owns 506 shares of the company’s stock valued at $58,000 after acquiring an additional 173 shares in the last quarter. New Age Alpha Advisors LLC bought a new position in Interparfums during the 1st quarter valued at $104,000. Finally, CX Institutional bought a new position in Interparfums during the 1st quarter valued at $117,000. 55.57% of the stock is currently owned by institutional investors.

Interparfums Price Performance

Shares of NASDAQ:IPAR opened at $101.23 on Friday. Interparfums, Inc. has a 1-year low of $97.65 and a 1-year high of $148.15. The stock has a market cap of $3.25 billion, a PE ratio of 20.29 and a beta of 1.44. The stock’s fifty day simple moving average is $114.15 and its two-hundred day simple moving average is $120.32. The company has a current ratio of 2.96, a quick ratio of 1.69 and a debt-to-equity ratio of 0.14.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, August 5th. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.10 by ($0.11). Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The business had revenue of $333.94 million for the quarter, compared to analysts’ expectations of $357.58 million. During the same period in the prior year, the business earned $1.14 earnings per share. The company’s revenue for the quarter was down 2.3% compared to the same quarter last year. Interparfums has set its FY 2025 guidance at 5.350-5.350 EPS. As a group, analysts forecast that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

About Interparfums

Inter Parfums, Inc, together with its subsidiaries, manufactures, markets, and distributes a range of fragrances and fragrance related products in the United States and internationally. It operates in two segments, European Based Operations and United States Based Operations. The company offers its fragrance and cosmetic products under the Boucheron, Coach, Jimmy Choo, Karl Lagerfeld, Kate Spade, Lanvin, Moncler, Montblanc, Rochas, S.T.