Oxford Industries, Inc. (NYSE:OXM) Receives Average Rating of “Reduce” from Analysts

Oxford Industries, Inc. (NYSE:OXMGet Free Report) has been assigned a consensus rating of “Reduce” from the six ratings firms that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $54.40.

A number of analysts recently weighed in on OXM shares. UBS Group dropped their target price on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a research report on Wednesday, August 27th. Telsey Advisory Group restated a “market perform” rating and issued a $52.00 target price on shares of Oxford Industries in a research report on Thursday. Zacks Research upgraded Oxford Industries to a “hold” rating in a research report on Monday, August 11th. Citigroup dropped their price objective on Oxford Industries from $47.00 to $44.00 and set a “sell” rating for the company in a research note on Thursday, June 12th. Finally, Truist Financial increased their price objective on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday.

Read Our Latest Report on Oxford Industries

Insider Buying and Selling at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III acquired 6,500 shares of the stock in a transaction dated Monday, June 16th. The shares were purchased at an average cost of $40.12 per share, with a total value of $260,780.00. Following the transaction, the chief executive officer directly owned 59,063 shares in the company, valued at approximately $2,369,607.56. This represents a 12.37% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Robert S. Trauber purchased 10,000 shares of the stock in a transaction that occurred on Wednesday, June 18th. The stock was acquired at an average cost of $41.38 per share, for a total transaction of $413,800.00. Following the completion of the acquisition, the chief executive officer owned 13,364 shares in the company, valued at $553,002.32. This represents a 297.27% increase in their position. The disclosure for this purchase can be found here. Insiders have bought 16,818 shares of company stock valued at $686,724 over the last 90 days. Corporate insiders own 6.00% of the company’s stock.

Hedge Funds Weigh In On Oxford Industries

Several hedge funds have recently bought and sold shares of OXM. PNC Financial Services Group Inc. lifted its stake in shares of Oxford Industries by 5.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock worth $195,000 after purchasing an additional 185 shares during the last quarter. Advisors Asset Management Inc. grew its holdings in Oxford Industries by 6.1% in the second quarter. Advisors Asset Management Inc. now owns 4,169 shares of the textile maker’s stock valued at $168,000 after purchasing an additional 241 shares during the period. Illinois Municipal Retirement Fund grew its holdings in Oxford Industries by 3.4% in the first quarter. Illinois Municipal Retirement Fund now owns 8,036 shares of the textile maker’s stock valued at $471,000 after purchasing an additional 267 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Oxford Industries by 3.4% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker’s stock valued at $664,000 after acquiring an additional 280 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Oxford Industries by 3.0% in the second quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock valued at $399,000 after acquiring an additional 286 shares in the last quarter. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Trading Down 8.4%

NYSE OXM opened at $47.23 on Tuesday. The company has a market cap of $705.62 million, a price-to-earnings ratio of 12.76 and a beta of 1.36. Oxford Industries has a 52 week low of $36.25 and a 52 week high of $89.86. The business has a 50 day moving average price of $43.33 and a 200-day moving average price of $49.19. The company has a quick ratio of 0.64, a current ratio of 1.18 and a debt-to-equity ratio of 0.14.

Oxford Industries (NYSE:OXMGet Free Report) last announced its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.05. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The firm had revenue of $403.10 million during the quarter, compared to analyst estimates of $406.14 million. During the same period last year, the firm posted $2.77 EPS. The business’s revenue was down 4.0% compared to the same quarter last year. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. As a group, equities analysts expect that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 annualized dividend and a yield of 5.8%. Oxford Industries’s dividend payout ratio (DPR) is currently 74.59%.

Oxford Industries Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Oxford Industries (NYSE:OXM)

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