Cynosure Group LLC Increases Stock Holdings in Interparfums, Inc. $IPAR

Cynosure Group LLC increased its holdings in shares of Interparfums, Inc. (NASDAQ:IPAR) by 236.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,638 shares of the company’s stock after buying an additional 6,772 shares during the period. Cynosure Group LLC’s holdings in Interparfums were worth $818,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Oregon Public Employees Retirement Fund lifted its position in shares of Interparfums by 2.4% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,204 shares of the company’s stock valued at $357,000 after buying an additional 100 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Interparfums by 1.6% during the 2nd quarter. Osaic Holdings Inc. now owns 6,583 shares of the company’s stock valued at $865,000 after buying an additional 106 shares in the last quarter. ProShare Advisors LLC lifted its position in shares of Interparfums by 3.1% during the 4th quarter. ProShare Advisors LLC now owns 3,564 shares of the company’s stock valued at $302,000 after buying an additional 107 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Interparfums by 4.3% during the 4th quarter. PNC Financial Services Group Inc. now owns 2,642 shares of the company’s stock valued at $224,000 after buying an additional 110 shares in the last quarter. Finally, State of Wyoming lifted its position in shares of Interparfums by 23.0% during the 4th quarter. State of Wyoming now owns 600 shares of the company’s stock valued at $51,000 after buying an additional 112 shares in the last quarter. Hedge funds and other institutional investors own 55.57% of the company’s stock.

Interparfums Stock Down 2.3%

Shares of IPAR opened at $99.42 on Tuesday. Interparfums, Inc. has a 52-week low of $77.21 and a 52-week high of $140.73. The company has a market capitalization of $3.18 billion, a PE ratio of 18.87 and a beta of 1.16. The stock has a fifty day simple moving average of $92.73 and a two-hundred day simple moving average of $91.84. The company has a quick ratio of 2.05, a current ratio of 3.26 and a debt-to-equity ratio of 0.10.

Interparfums (NASDAQ:IPAR) last issued its earnings results on Tuesday, May 5th. The company reported $1.35 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.21. The business had revenue of $344.89 million during the quarter, compared to the consensus estimate of $345.00 million. Interparfums had a return on equity of 15.47% and a net margin of 11.32%.The company’s revenue for the quarter was up 1.8% on a year-over-year basis. During the same period last year, the company earned $1.32 EPS. Interparfums has set its FY 2026 guidance at 4.850-4.850 EPS. As a group, equities analysts forecast that Interparfums, Inc. will post 4.82 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. BWS Financial reiterated a “neutral” rating and set a $85.00 target price on shares of Interparfums in a research report on Wednesday, April 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Interparfums in a report on Friday, March 27th. Wall Street Zen lowered Interparfums from a “buy” rating to a “hold” rating in a report on Sunday, April 26th. Finally, TD Cowen assumed coverage on Interparfums in a report on Monday, June 1st. They issued a “buy” rating and a $110.00 price objective on the stock. One 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. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $106.00.

Insider Activity

In related news, CEO Jean Madar sold 20,000 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $91.02, for a total transaction of $1,820,400.00. Following the completion of the sale, the chief executive officer directly owned 7,066,341 shares of the company’s stock, valued at approximately $643,178,357.82. This trade represents a 0.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 43.70% of the company’s stock.

About Interparfums

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.