Interparfums, Inc. $IPAR Shares Newly Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in Interparfums, Inc. (NASDAQ:IPAR) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 17,397 shares of the company’s stock, valued at approximately $1,930,000. Mirae Asset Global Investments Co. Ltd. owned 0.05% of Interparfums at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC acquired a new stake in Interparfums in the 3rd quarter valued at $25,000. Versant Capital Management Inc boosted its stake in shares of Interparfums by 75.4% during the 2nd quarter. Versant Capital Management Inc now owns 428 shares of the company’s stock worth $48,000 after buying an additional 184 shares during the last quarter. Global Retirement Partners LLC acquired a new position in shares of Interparfums during the 2nd quarter worth about $48,000. Integrated Wealth Concepts LLC bought a new position in shares of Interparfums in the 2nd quarter valued at about $50,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Interparfums by 34.2% in the 1st quarter. EverSource Wealth Advisors LLC now owns 487 shares of the company’s stock valued at $44,000 after acquiring an additional 124 shares in the last quarter. 55.57% of the stock is currently owned by institutional investors.

Interparfums Stock Up 0.2%

IPAR stock opened at $135.55 on Friday. Interparfums, Inc. has a 52 week low of $77.21 and a 52 week high of $136.52. The business has a 50-day simple moving average of $115.45 and a 200 day simple moving average of $105.42. The company has a quick ratio of 2.00, a current ratio of 3.33 and a debt-to-equity ratio of 0.13. The company has a market cap of $4.34 billion, a PE ratio of 25.53 and a beta of 1.08.

Interparfums (NASDAQ:IPAR) last announced its quarterly earnings data on Wednesday, November 4th. The company reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.32. The firm had revenue of $429.51 million for the quarter, compared to the consensus estimate of $430.00 million. Interparfums had a net margin of 11.33% and a return on equity of 15.43%. The business’s revenue for the quarter was down .1% on a year-over-year basis. During the same period in the prior year, the company posted $2.05 earnings per share. Sell-side analysts anticipate that Interparfums, Inc. will post 4.85 EPS for the current fiscal year.

Interparfums Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 31st. Stockholders of record on Tuesday, December 15th will be paid a $0.80 dividend. The ex-dividend date of this dividend is Tuesday, December 15th. This represents a $3.20 annualized dividend and a dividend yield of 2.4%. Interparfums’s dividend payout ratio is currently 60.26%.

Insider Activity

In related news, Director Veronique Gabai-Pinsky sold 900 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $116.86, for a total value of $105,174.00. Following the completion of the transaction, the director owned 900 shares in the company, valued at $105,174. This trade represents a 50.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 43.60% of the stock is owned by corporate insiders.

Key Headlines Impacting Interparfums

Here are the key news stories impacting Interparfums this week:

• Positive Sentiment: Jefferies raised its price target to $156 from $145 and maintained a Buy rating, implying about 15% upside from $135.55. Jefferies rating information
• Positive Sentiment: Canaccord Genuity increased its target to $154 from $151 and kept its Buy rating, citing roughly 14% potential upside. Canaccord Genuity rating information
• Positive Sentiment: Interparfums reported third-quarter EPS of $2.13, ahead of estimates and above $2.05 a year earlier. Margin expansion and tariff refunds boosted profitability, and the company raised its 2026 sales guidance. Q3 earnings and guidance article
• Positive Sentiment: The company declared a quarterly dividend of $0.80 per share, payable December 31, with a December 15 ex-dividend date. The annualized payout is $3.20 per share. Dividend announcement

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Jefferies Financial Group increased their price objective on Interparfums from $145.00 to $156.00 and gave the company a “buy” rating in a report on Friday. Zacks Research upgraded Interparfums from a “strong sell” rating to a “hold” rating in a research note on Monday, October 26th. Berenberg Bank cut Interparfums from a “buy” rating to a “hold” rating and set a $130.00 price target on the stock. in a research note on Friday, August 14th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Interparfums in a report on Friday, October 2nd. Finally, The Goldman Sachs Group cut shares of Interparfums from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $110.00 to $129.00 in a research report on Monday, August 10th. Two equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $125.29.

About Interparfums

Interparfums, Inc (NASDAQ: IPAR) develops, manufactures and distributes prestige fragrances and related beauty products. The company operates primarily through licensing agreements with fashion, luxury and lifestyle brands, creating perfumes, colognes, body products and other fragrance-related offerings for men and women.

Its portfolio has included internationally recognized names such as Montblanc, Jimmy Choo, Coach, Kate Spade New York, Rochas, Boucheron, Van Cleef & Arpels, Oscar de la Renta and Karl Lagerfeld, although brand relationships and licensing arrangements may change over time.