Oxford Industries, Inc. $OXM Stake Lessened by Rhumbline Advisers

Rhumbline Advisers cut its stake in Oxford Industries, Inc. (NYSE:OXM) by 3.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 46,797 shares of the textile maker’s stock after selling 1,793 shares during the period. Rhumbline Advisers owned approximately 0.31% of Oxford Industries worth $2,746,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in OXM. Millennium Management LLC boosted its holdings in shares of Oxford Industries by 311.9% in the first quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after acquiring an additional 222,150 shares in the last quarter. Jump Financial LLC bought a new position in shares of Oxford Industries in the first quarter valued at approximately $4,775,000. Global Alpha Capital Management Ltd. boosted its holdings in shares of Oxford Industries by 37.7% in the first quarter. Global Alpha Capital Management Ltd. now owns 288,300 shares of the textile maker’s stock valued at $16,915,000 after acquiring an additional 79,000 shares in the last quarter. Dark Forest Capital Management LP bought a new position in shares of Oxford Industries in the first quarter valued at approximately $3,480,000. Finally, Invenomic Capital Management LP boosted its holdings in shares of Oxford Industries by 74.9% in the first quarter. Invenomic Capital Management LP now owns 132,747 shares of the textile maker’s stock valued at $7,788,000 after acquiring an additional 56,832 shares in the last quarter. 91.16% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Friday, September 12th. Truist Financial increased their target price on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, September 11th. Citigroup reduced their target price on shares of Oxford Industries from $47.00 to $44.00 and set a “sell” rating for the company in a report on Thursday, June 12th. Telsey Advisory Group restated a “market perform” rating and set a $52.00 target price on shares of Oxford Industries in a report on Thursday, September 11th. Finally, UBS Group reduced their target price on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, August 27th. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $54.40.

Oxford Industries Stock Down 1.2%

Shares of NYSE:OXM opened at $46.21 on Wednesday. Oxford Industries, Inc. has a 52 week low of $36.25 and a 52 week high of $89.86. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18. The company has a market cap of $687.14 million, a PE ratio of 12.49 and a beta of 1.36. The firm has a 50 day simple moving average of $43.43 and a 200 day simple moving average of $48.96.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.21 by $0.05. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The company had revenue of $403.10 million during the quarter, compared to the consensus estimate of $406.14 million. During the same quarter in the prior year, the firm earned $2.77 EPS. The company’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, research analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be issued a dividend of $0.69 per share. The ex-dividend date is Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.0%. Oxford Industries’s dividend payout ratio (DPR) is currently 74.59%.

Oxford Industries Profile

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.