Interparfums, Inc. $IPAR Shares Purchased by Bahl & Gaynor Inc.

Bahl & Gaynor Inc. grew its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 8.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 406,497 shares of the company’s stock after acquiring an additional 31,850 shares during the quarter. Bahl & Gaynor Inc. owned about 1.27% of Interparfums worth $53,377,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of IPAR. Charles Schwab Investment Management Inc. raised its stake in shares of Interparfums by 251.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 699,438 shares of the company’s stock valued at $79,645,000 after purchasing an additional 500,378 shares in the last quarter. Westwood Holdings Group Inc. raised its position in shares of Interparfums by 66.8% during the 2nd quarter. Westwood Holdings Group Inc. now owns 775,590 shares of the company’s stock worth $101,843,000 after buying an additional 310,712 shares in the last quarter. GW Henssler & Associates Ltd. bought a new stake in shares of Interparfums during the 2nd quarter worth about $12,701,000. MetLife Investment Management LLC lifted its stake in shares of Interparfums by 867.2% in the 1st quarter. MetLife Investment Management LLC now owns 107,044 shares of the company’s stock worth $12,189,000 after acquiring an additional 95,977 shares during the period. Finally, Tributary Capital Management LLC bought a new position in shares of Interparfums in the second quarter valued at approximately $12,526,000. 55.57% of the stock is owned by institutional investors and hedge funds.

Interparfums Trading Down 0.5%

NASDAQ:IPAR opened at $80.61 on Friday. The stock has a fifty day simple moving average of $94.03 and a 200 day simple moving average of $114.85. The firm has a market capitalization of $2.58 billion, a price-to-earnings ratio of 16.15 and a beta of 1.39. Interparfums, Inc. has a 1-year low of $77.21 and a 1-year high of $148.15. The company has a quick ratio of 1.69, a current ratio of 2.96 and a debt-to-equity ratio of 0.14.

Interparfums (NASDAQ:IPAR) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $2.05 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.16. Interparfums had a net margin of 11.03% and a return on equity of 16.45%. The company had revenue of $429.58 million during the quarter, compared to analyst estimates of $431.78 million. During the same period in the prior year, the firm earned $1.93 earnings per share. The business’s quarterly revenue was up 1.2% on a year-over-year basis. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. Sell-side analysts forecast that Interparfums, Inc. will post 5.14 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on IPAR shares. UBS Group set a $103.00 target price on Interparfums in a report on Friday. Jefferies Financial Group dropped their price objective on Interparfums from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, October 28th. Sanford C. Bernstein upgraded shares of Interparfums to a “strong-buy” rating in a research report on Tuesday, October 21st. Berenberg Bank assumed coverage on shares of Interparfums in a research report on Friday. They set a “buy” rating and a $103.00 price objective for the company. Finally, BWS Financial cut shares of Interparfums from a “buy” rating to a “neutral” rating and set a $85.00 price objective on the stock. in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $121.00.

Interparfums Profile

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.