WCM Investment Management LLC Grows Position in Interparfums, Inc. $IPAR

WCM Investment Management LLC boosted its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 3.8% during the 3rd quarter, Holdings Channel reports. The fund owned 181,498 shares of the company’s stock after buying an additional 6,567 shares during the period. WCM Investment Management LLC’s holdings in Interparfums were worth $18,193,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Exchange Traded Concepts LLC purchased a new stake in shares of Interparfums in the 3rd quarter worth approximately $34,000. First Horizon Advisors Inc. raised its stake in Interparfums by 71.2% in the second quarter. First Horizon Advisors Inc. now owns 375 shares of the company’s stock worth $49,000 after buying an additional 156 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Interparfums during the second quarter worth $84,000. Blue Trust Inc. boosted its position in Interparfums by 34.6% during the 2nd quarter. Blue Trust Inc. now owns 681 shares of the company’s stock valued at $89,000 after acquiring an additional 175 shares in the last quarter. Finally, State of Wyoming purchased a new position in shares of Interparfums in the 2nd quarter valued at $127,000. Institutional investors own 55.57% of the company’s stock.

Interparfums Stock Performance

IPAR opened at $98.14 on Tuesday. The company has a market cap of $3.15 billion, a P/E ratio of 19.21 and a beta of 1.24. The company has a quick ratio of 1.99, a current ratio of 3.27 and a debt-to-equity ratio of 0.13. The firm’s 50-day moving average price is $86.99 and its 200-day moving average price is $98.18. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $148.15.

Interparfums (NASDAQ:IPAR) last released its earnings results on Wednesday, November 5th. The company reported $2.05 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.16. Interparfums had a net margin of 11.24% and a return on equity of 16.31%. The company had revenue of $429.58 million for the quarter, compared to the consensus estimate of $431.78 million. During the same quarter in the previous year, the firm earned $1.93 EPS. Interparfums’s revenue was up 1.2% compared to the same quarter last year. Interparfums has set its FY 2025 guidance at 5.120-5.120 EPS. As a group, equities analysts anticipate that Interparfums, Inc. will post 5.14 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on IPAR shares. Jefferies Financial Group started coverage on Interparfums in a research note on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective for the company. Berenberg Bank began coverage on shares of Interparfums in a research report on Friday, November 21st. They set a “buy” rating and a $103.00 price target for the company. BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a research report on Thursday, January 29th. Canaccord Genuity Group reissued a “buy” rating and set a $123.00 target price on shares of Interparfums in a research report on Wednesday, November 19th. Finally, UBS Group set a $103.00 target price on shares of Interparfums in a research note on Friday, November 21st. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Interparfums presently has a consensus rating of “Moderate Buy” and a consensus target price of $119.14.

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.