Interparfums, Inc. $IPAR Stock Position Raised by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. grew its position in shares of Interparfums, Inc. (NASDAQ:IPAR) by 2.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 714,891 shares of the company’s stock after buying an additional 15,453 shares during the quarter. Charles Schwab Investment Management Inc. owned approximately 2.23% of Interparfums worth $93,872,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. CWM LLC raised its position in Interparfums by 29.4% during the first 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. PNC Financial Services Group Inc. increased its stake in shares of Interparfums by 5.7% during the 1st quarter. PNC Financial Services Group Inc. now owns 1,823 shares of the company’s stock worth $208,000 after purchasing an additional 98 shares during the last quarter. Creative Planning raised its holdings in shares of Interparfums by 2.3% during the 2nd quarter. Creative Planning now owns 5,667 shares of the company’s stock valued at $744,000 after purchasing an additional 125 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in shares of Interparfums by 71.2% in the 2nd quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock valued at $49,000 after purchasing an additional 156 shares during the last quarter. Finally, Blue Trust Inc. lifted its stake in shares of Interparfums by 34.6% in the 2nd quarter. Blue Trust Inc. now owns 681 shares of the company’s stock valued at $89,000 after purchasing an additional 175 shares during the last quarter. Institutional investors own 55.57% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on IPAR shares. Jefferies Financial Group lowered their target price on shares of Interparfums from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, October 28th. Weiss Ratings reissued a “hold (c)” rating on shares of Interparfums in a report on Wednesday, October 8th. Sanford C. Bernstein raised Interparfums to a “strong-buy” rating in a research note on Tuesday, October 21st. Canaccord Genuity Group reaffirmed a “buy” rating and set a $123.00 target price on shares of Interparfums in a research report on Wednesday, November 19th. Finally, BWS Financial lowered shares of Interparfums from a “buy” rating to a “neutral” rating and set a $85.00 price target on the stock. in a research report on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Interparfums currently has an average rating of “Moderate Buy” and an average price target of $121.00.

Interparfums Stock Performance

IPAR opened at $81.27 on Friday. The company has a quick ratio of 1.69, a current ratio of 2.96 and a debt-to-equity ratio of 0.14. The stock’s 50 day moving average price is $91.68 and its two-hundred day moving average price is $113.47. The firm has a market capitalization of $2.61 billion, a P/E ratio of 16.29 and a beta of 1.39. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $148.15.

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

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.