8,100 Shares in Interparfums, Inc. $IPAR Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in shares of Interparfums, Inc. (NASDAQ:IPAR) in the 1st quarter, Holdings Channel reports. The firm purchased 8,100 shares of the company’s stock, valued at approximately $736,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Hantz Financial Services Inc. lifted its position in shares of 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 purchasing an additional 217 shares during the last quarter. Advisory Services Network LLC acquired a new position in shares of Interparfums during the 3rd quarter worth about $40,000. Global Retirement Partners LLC increased its holdings in shares of 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 last quarter. GAMMA Investing LLC lifted its stake in Interparfums by 269.9% during the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock worth $45,000 after purchasing an additional 386 shares during the last quarter. Finally, Larson Financial Group LLC acquired a new position in Interparfums in the fourth quarter valued at approximately $46,000. 55.57% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

IPAR has been the topic of a number of research analyst reports. BWS Financial reissued a “neutral” rating and set a $85.00 price objective on shares of Interparfums in a report on Wednesday, April 22nd. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Wednesday, June 24th. Wall Street Zen cut Interparfums from a “buy” rating to a “hold” rating in a research report on Sunday, April 26th. Finally, TD Cowen assumed coverage on Interparfums in a research note on Monday, June 1st. They issued a “buy” rating and a $110.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Interparfums presently has an average rating of “Moderate Buy” and an average price target of $106.00.

Interparfums Trading Up 1.0%

Shares of IPAR stock traded up $1.18 on Tuesday, reaching $122.25. 18,298 shares of the stock were exchanged, compared to its average volume of 265,458. 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 stock has a market cap of $3.92 billion, a P/E ratio of 23.20 and a beta of 1.13. The firm has a 50 day moving average of $96.82 and a two-hundred day moving average of $94.48. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $139.00.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.14 by $0.21. The firm had revenue of $344.89 million during 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 quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.32 earnings per share. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, research analysts anticipate that Interparfums, Inc. will post 4.82 EPS for the current year.

About Interparfums

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.