Voya Investment Management LLC Sells 408 Shares of Oxford Industries, Inc. $OXM

Voya Investment Management LLC reduced its position in Oxford Industries, Inc. (NYSE:OXM) by 9.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,947 shares of the textile maker’s stock after selling 408 shares during the quarter. Voya Investment Management LLC’s holdings in Oxford Industries were worth $232,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State of Wyoming lifted its holdings in shares of Oxford Industries by 159.4% during the first quarter. State of Wyoming now owns 2,511 shares of the textile maker’s stock valued at $147,000 after acquiring an additional 1,543 shares during the period. PNC Financial Services Group Inc. lifted its holdings in shares of Oxford Industries by 5.9% during the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock valued at $195,000 after acquiring an additional 185 shares during the period. AlphaQuest LLC lifted its holdings in shares of Oxford Industries by 22.3% during the first quarter. AlphaQuest LLC now owns 3,604 shares of the textile maker’s stock valued at $211,000 after acquiring an additional 657 shares during the period. Petrus Trust Company LTA bought a new position in shares of Oxford Industries during the first quarter valued at $226,000. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Oxford Industries by 30.6% during the first quarter. Advisors Asset Management Inc. now owns 3,928 shares of the textile maker’s stock valued at $230,000 after acquiring an additional 920 shares during the period. 91.16% of the stock is owned by institutional investors.

Oxford Industries Price Performance

Oxford Industries stock opened at $40.64 on Tuesday. The firm has a market capitalization of $604.24 million, a P/E ratio of 10.98 and a beta of 1.36. Oxford Industries, Inc. has a 1 year low of $36.25 and a 1 year high of $89.86. The business has a 50-day moving average of $43.15 and a 200-day moving average of $47.88. The company has a current ratio of 1.18, a quick ratio of 0.51 and a debt-to-equity ratio of 0.14.

Oxford Industries (NYSE:OXM) last posted 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 company had revenue of $403.10 million during the quarter, compared to analyst estimates of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The company’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. On average, equities analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be given a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 6.8%. The ex-dividend date is Friday, October 17th. Oxford Industries’s payout ratio is presently 74.59%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on OXM shares. Citigroup cut their price objective on Oxford Industries from $47.00 to $44.00 and set a “sell” rating for the company in a report on Thursday, June 12th. UBS Group cut their price target on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, August 27th. Zacks Research cut Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Friday, September 12th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $52.00 price target on shares of Oxford Industries in a report on Thursday, September 11th. Finally, Truist Financial lifted their price target on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, September 11th. Four investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Oxford Industries currently has an average rating of “Reduce” and an average target price of $54.40.

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.