Interparfums, Inc. to Issue Quarterly Dividend of $0.80 (NASDAQ:IPAR)

Interparfums, Inc. (NASDAQ:IPAR) announced a quarterly dividend on Tuesday, August 4th. Investors of record on Tuesday, September 15th will be given a dividend of 0.80 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Tuesday, September 15th.

Interparfums has increased its dividend by an average of 0.6%per year over the last three years and has increased its dividend every year for the last 4 years. Interparfums has a dividend payout ratio of 55.0% meaning its dividend is sufficiently covered by earnings. Equities analysts expect Interparfums to earn $5.51 per share next year, which means the company should continue to be able to cover its $3.20 annual dividend with an expected future payout ratio of 58.1%.

Interparfums Stock Up 0.5%

NASDAQ IPAR opened at $125.57 on Wednesday. Interparfums has a 1 year low of $77.21 and a 1 year high of $129.29. The stock has a market capitalization of $4.02 billion, a PE ratio of 23.83 and a beta of 1.11. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.26 and a quick ratio of 2.05. The business’s 50-day moving average is $110.13 and its 200 day moving average is $99.88.

Interparfums (NASDAQ:IPAR) last announced its earnings results on Tuesday, August 4th. The company reported $0.95 EPS for the quarter, missing analysts’ consensus estimates of $0.97 by ($0.02). The business had revenue of $341.04 million for the quarter, compared to the consensus estimate of $341.00 million. Interparfums had a net margin of 11.32% and a return on equity of 15.47%. Interparfums’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.99 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Sell-side analysts forecast that Interparfums will post 4.85 earnings per share for the current year.

Hedge Funds Weigh In On Interparfums

Several large investors have recently modified their holdings of IPAR. Hantz Financial Services Inc. raised its holdings 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 buying an additional 217 shares during the last quarter. Advisory Services Network LLC bought a new stake in shares of Interparfums during the third quarter valued at approximately $40,000. Versant Capital Management Inc increased its position in shares of Interparfums by 75.4% during the second quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock valued at $48,000 after acquiring an additional 184 shares in the last quarter. 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 acquiring an additional 135 shares during the last quarter. Finally, EverSource Wealth Advisors LLC lifted its position in Interparfums by 34.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after acquiring an additional 124 shares in the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

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.