Oxford Industries (NYSE:OXM) Upgraded at Zacks Research

Zacks Research upgraded shares of Oxford Industries (NYSE:OXM) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Several other research analysts have also recently weighed in on OXM. Truist Financial lifted their price target on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research report on Thursday, September 11th. UBS Group dropped their price objective on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 27th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $52.00 target price on shares of Oxford Industries in a report on Thursday, September 11th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Five analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $54.40.

Oxford Industries Trading Up 0.9%

NYSE OXM opened at $36.60 on Monday. Oxford Industries has a 1 year low of $35.34 and a 1 year high of $89.86. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.51. The company has a market capitalization of $544.13 million, a PE ratio of 9.89 and a beta of 1.30. The company has a fifty day moving average of $40.21 and a 200 day moving average of $44.35.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.05. The company had revenue of $403.10 million for the quarter, compared to the consensus estimate of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The firm’s revenue for the quarter was down 4.0% compared to the same quarter last year. During the same period last year, the firm 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. Research analysts forecast that Oxford Industries will post 6.62 earnings per share for the current year.

Oxford Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, October 31st. Stockholders of record on Friday, October 17th were given a dividend of $0.69 per share. The ex-dividend date was Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.5%. Oxford Industries’s dividend payout ratio (DPR) is 74.59%.

Hedge Funds Weigh In On Oxford Industries

A number of large investors have recently added to or reduced their stakes in OXM. Millennium Management LLC raised its position in shares of Oxford Industries by 311.9% during the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock worth $17,213,000 after purchasing an additional 222,150 shares during the last quarter. Qube Research & Technologies Ltd acquired a new stake in Oxford Industries in the 2nd quarter worth about $7,195,000. Arrowstreet Capital Limited Partnership increased 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 worth $17,681,000 after buying an additional 170,208 shares in the last quarter. TrueMark Investments LLC purchased a new stake in Oxford Industries during the 2nd quarter worth approximately $5,319,000. Finally, Heartland Advisors Inc. acquired a new position in shares of Oxford Industries during the third quarter valued at approximately $5,068,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Oxford Industries Company 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.