Telsey Advisory Group reaffirmed their market perform rating on shares of Oxford Industries (NYSE:OXM – Free Report) in a research report sent to investors on Thursday morning,Benzinga reports. Telsey Advisory Group currently has a $52.00 price objective on the textile maker’s stock.
Other research analysts have also recently issued reports about the company. Zacks Research raised Oxford Industries to a “hold” rating in a research report on Monday, August 11th. UBS Group dropped their target price on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 27th. Citigroup decreased their price objective on Oxford Industries from $47.00 to $44.00 and set a “sell” rating on the stock in a research note on Thursday, June 12th. Finally, Truist Financial decreased their price objective on Oxford Industries from $56.00 to $47.00 and set a “hold” rating on the stock in a research note on Thursday, June 12th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $54.40.
Get Our Latest Stock Report on OXM
Oxford Industries Trading Up 27.4%
Oxford Industries (NYSE:OXM – Get Free Report) last announced its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.05. The business had revenue of $403.10 million for the quarter, compared to analysts’ expectations of $406.14 million. Oxford Industries had a return on equity of 10.94% and a net margin of 3.80%.The business’s revenue for the quarter was down 4.0% on a year-over-year basis. During the same period last year, the firm posted $2.77 earnings per share. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. Analysts expect that Oxford Industries will post 6.62 EPS for the current year.
Oxford Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be paid a $0.69 dividend. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 annualized dividend and a dividend yield of 5.4%. Oxford Industries’s dividend payout ratio (DPR) is 74.59%.
Insider Activity
In related news, CEO Thomas Caldecot Chubb III acquired 6,500 shares of the firm’s stock in a transaction dated Monday, June 16th. The shares were purchased at an average price of $40.12 per share, with a total value of $260,780.00. Following the completion of the purchase, the chief executive officer directly owned 59,063 shares of the company’s stock, valued at $2,369,607.56. This represents a 12.37% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Robert S. Trauber bought 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 18th. The shares were acquired at an average cost of $41.38 per share, for a total transaction of $413,800.00. Following the purchase, the chief executive officer directly owned 13,364 shares in the company, valued at $553,002.32. This trade represents a 297.27% increase in their position. The disclosure for this purchase can be found here. Insiders bought 16,818 shares of company stock worth $686,724 in the last ninety days. Corporate insiders own 6.00% of the company’s stock.
Institutional Trading of Oxford Industries
Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Charles Schwab Investment Management Inc. raised its stake in Oxford Industries by 9.1% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker’s stock valued at $39,596,000 after purchasing an additional 56,235 shares during the period. Wellington Management Group LLP raised its stake in Oxford Industries by 4.9% during the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker’s stock valued at $45,738,000 after purchasing an additional 27,198 shares during the period. American Century Companies Inc. raised its stake in Oxford Industries by 6.2% during the 2nd quarter. American Century Companies Inc. now owns 561,236 shares of the textile maker’s stock valued at $22,590,000 after purchasing an additional 32,693 shares during the period. Bank of America Corp DE raised its stake in Oxford Industries by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock valued at $17,804,000 after purchasing an additional 14,103 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its stake in Oxford Industries by 63.3% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock valued at $17,681,000 after purchasing an additional 170,208 shares during the period. Institutional investors own 91.16% of the company’s stock.
About Oxford Industries
Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.
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