Shares of Oxford Industries, Inc. (NYSE:OXM – Get Free Report) have been assigned an average recommendation of “Reduce” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $52.60.
Several research firms have recently commented on OXM. Truist Financial raised 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. UBS Group reduced their target price on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, August 27th. Citigroup upgraded shares of Oxford Industries from a “sell” rating to a “neutral” rating and decreased their target price for the stock from $44.00 to $35.00 in a research report on Tuesday. Telsey Advisory Group reiterated a “market perform” rating and issued a $52.00 price target on shares of Oxford Industries in a report on Thursday, September 11th. Finally, Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a research note on Monday, November 10th.
Get Our Latest Report on Oxford Industries
Oxford Industries Stock Up 9.5%
Oxford Industries (NYSE:OXM – Get Free Report) last announced its quarterly earnings data on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, beating 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 firm had revenue of $403.10 million during the quarter, compared to the consensus estimate of $406.14 million. During the same quarter last year, the firm earned $2.77 earnings per share. The firm’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 research analysts predict that Oxford Industries will post 6.62 earnings per share for the current year.
Oxford Industries Announces Dividend
The business also recently declared 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. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.5%. The ex-dividend date was Friday, October 17th. Oxford Industries’s dividend payout ratio (DPR) is presently 74.59%.
Institutional Investors Weigh In On Oxford Industries
A number of institutional investors and hedge funds have recently modified their holdings of OXM. Millennium Management LLC raised its holdings in Oxford Industries by 311.9% during the first 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 purchased a new position in shares of Oxford Industries in the second quarter valued at $7,195,000. Arrowstreet Capital Limited Partnership raised its stake in shares of 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 during the last quarter. Two Sigma Investments LP raised its stake in shares of Oxford Industries by 394.9% during the 3rd quarter. Two Sigma Investments LP now owns 191,740 shares of the textile maker’s stock worth $7,773,000 after buying an additional 152,995 shares during the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of Oxford Industries by 569.6% in the 3rd quarter. Lazard Asset Management LLC now owns 174,314 shares of the textile maker’s stock worth $7,067,000 after buying an additional 148,283 shares in the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.
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.
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