Interparfums, Inc. $IPAR Shares Acquired by Crawford Investment Counsel Inc.

Crawford Investment Counsel Inc. lifted its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 13.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,201 shares of the company’s stock after buying an additional 6,001 shares during the period. Crawford Investment Counsel Inc. owned 0.16% of Interparfums worth $4,939,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of IPAR. Exchange Traded Concepts LLC bought a new position in Interparfums in the third quarter worth about $34,000. Aster Capital Management DIFC Ltd bought a new position in shares of Interparfums during the third quarter valued at approximately $35,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Interparfums during the 2nd quarter worth approximately $84,000. State of Wyoming bought a new stake in shares of Interparfums in the 2nd quarter worth approximately $127,000. Finally, Vestcor Inc lifted its holdings in shares of Interparfums by 59.4% in the 3rd quarter. Vestcor Inc now owns 1,288 shares of the company’s stock worth $127,000 after purchasing an additional 480 shares during the last quarter. Institutional investors and hedge funds own 55.57% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on IPAR shares. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Berenberg Bank began coverage on Interparfums in a research note on Friday, November 21st. They issued a “buy” rating and a $103.00 target price on the stock. Jefferies Financial Group initiated coverage on shares of Interparfums in a report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price target for the company. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a research report on Monday, December 29th. Finally, BWS Financial reaffirmed a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a report on Thursday, January 29th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $119.14.

Interparfums Stock Performance

Shares of NASDAQ IPAR opened at $91.49 on Monday. Interparfums, Inc. has a 12-month low of $77.21 and a 12-month high of $142.61. The company has a market cap of $2.93 billion, a PE ratio of 17.46 and a beta of 1.21. The stock has a 50 day simple moving average of $96.08 and a 200-day simple moving average of $94.04. The company has a current ratio of 2.99, a quick ratio of 1.97 and a debt-to-equity ratio of 0.11.

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

Interparfums Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Investors 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 dividend yield of 3.5%. The ex-dividend date is Monday, March 16th. Interparfums’s payout ratio is currently 61.07%.

Interparfums 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.