Range Financial Group LLC Acquires New Stake in Interparfums, Inc. $IPAR

Range Financial Group LLC acquired a new stake in shares of Interparfums, Inc. (NASDAQ:IPAR) in the fourth quarter, Holdings Channel reports. The firm acquired 18,769 shares of the company’s stock, valued at approximately $1,592,000.

Several other hedge funds have also added to or reduced their stakes in the stock. SG Americas Securities LLC boosted its holdings in Interparfums by 9,091.5% in the fourth quarter. SG Americas Securities LLC now owns 122,890 shares of the company’s stock worth $10,425,000 after acquiring an additional 121,553 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Interparfums by 269.9% during the fourth quarter. GAMMA Investing LLC now owns 529 shares of the company’s stock valued at $45,000 after acquiring an additional 386 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of Interparfums by 27.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 114,625 shares of the company’s stock worth $11,277,000 after purchasing an additional 24,673 shares during the last quarter. Tudor Investment Corp ET AL bought a new position in Interparfums in the 3rd quarter worth about $5,156,000. Finally, Advisory Services Network LLC bought a new position in Interparfums in the 3rd quarter worth about $40,000. 55.57% of the stock is owned by institutional investors.

Interparfums Price Performance

NASDAQ IPAR opened at $90.44 on Tuesday. Interparfums, Inc. has a one year low of $77.21 and a one year high of $142.61. The stock has a 50-day moving average of $96.48 and a 200 day moving average of $92.25. The company has a market capitalization of $2.90 billion, a price-to-earnings ratio of 17.26 and a beta of 1.21. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.97 and a current ratio of 2.99.

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 the consensus estimate of $0.78 by $0.10. The business had revenue of $386.18 million for the quarter, compared to analysts’ expectations of $366.76 million. Interparfums had a net margin of 11.31% and a return on equity of 15.76%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.82 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. On average, sell-side 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 given a dividend of $0.80 per share. The ex-dividend date is Monday, March 16th. This represents a $3.20 dividend on an annualized basis and a yield of 3.5%. Interparfums’s dividend payout ratio is 61.07%.

Analysts Set New Price Targets

Several brokerages recently commented on IPAR. Jefferies Financial Group assumed coverage on shares of Interparfums in a research report on Wednesday, January 14th. They set a “buy” rating and a $112.00 price objective on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of Interparfums in a research note on Friday. Wall Street Zen cut shares of Interparfums from a “buy” rating to a “hold” rating in a report on Saturday. Zacks Research raised shares of Interparfums from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, BWS Financial restated a “neutral” rating and issued a $85.00 price objective on shares of Interparfums in a report on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $110.67.

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.