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

Bahl & Gaynor Inc. grew its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 2.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 414,670 shares of the company’s stock after buying an additional 8,173 shares during the quarter. Bahl & Gaynor Inc. owned 1.29% of Interparfums worth $40,795,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Royce & Associates LP raised its holdings in Interparfums by 15.3% in the third quarter. Royce & Associates LP now owns 480,994 shares of the company’s stock valued at $47,320,000 after acquiring an additional 63,985 shares in the last quarter. Aster Capital Management DIFC Ltd acquired a new position in Interparfums during the 3rd quarter worth $35,000. Handelsbanken Fonder AB increased its position in shares of Interparfums by 52.5% in the 3rd quarter. Handelsbanken Fonder AB now owns 9,000 shares of the company’s stock worth $885,000 after purchasing an additional 3,100 shares during the last quarter. Hohimer Wealth Management LLC acquired a new stake in shares of Interparfums in the 3rd quarter valued at about $211,000. Finally, US Bancorp DE raised its stake in shares of Interparfums by 1.7% in the 3rd quarter. US Bancorp DE now owns 7,183 shares of the company’s stock valued at $707,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on IPAR. Canaccord Genuity Group reissued a “buy” rating and issued a $123.00 price objective on shares of Interparfums in a report on Wednesday, November 19th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research report on Monday, December 29th. Berenberg Bank began coverage on Interparfums in a report on Friday, November 21st. They issued a “buy” rating and a $103.00 price target for the company. BWS Financial reissued a “neutral” rating and set a $85.00 price target on shares of Interparfums in a research report on Thursday, January 29th. Finally, Jefferies Financial Group initiated coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.14.

Interparfums Trading Down 3.3%

NASDAQ:IPAR opened at $100.78 on Monday. The firm has a market capitalization of $3.23 billion, a P/E ratio of 19.23 and a beta of 1.21. The business has a 50 day simple moving average of $94.21 and a 200 day simple moving average of $95.42. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.99 and a quick ratio of 1.97. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $146.00.

Interparfums (NASDAQ:IPAR) last posted its earnings results on Tuesday, February 24th. The company reported $0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.10. Interparfums had a return on equity of 15.76% and a net margin of 11.31%.The company had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. During the same period last year, the business posted $0.82 earnings per share. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. Equities research analysts predict that Interparfums, Inc. will post 5.14 EPS for the current year.

Interparfums Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th will be paid a dividend of $0.80 per share. This represents a $3.20 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date of this dividend is Monday, March 16th. Interparfums’s payout ratio is presently 61.07%.

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.