Oxford Industries, Inc. (NYSE:OXM) Sees Significant Growth in Short Interest

Oxford Industries, Inc. (NYSE:OXM) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 3,380,507 shares, an increase of 19.7% from the December 15th total of 2,825,237 shares. Based on an average daily trading volume, of 489,732 shares, the short-interest ratio is currently 6.9 days. Approximately 24.2% of the company’s shares are short sold. Approximately 24.2% of the company’s shares are short sold. Based on an average daily trading volume, of 489,732 shares, the short-interest ratio is currently 6.9 days.

Insider Buying and Selling

In related news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the company’s stock in a transaction dated Friday, December 12th. The stock was bought at an average price of $35.12 per share, with a total value of $175,600.00. Following the purchase, the chief executive officer directly owned 22,709 shares in the company, valued at $797,540.08. The trade was a 28.23% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 6.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in OXM. Hantz Financial Services Inc. increased its stake in Oxford Industries by 245.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after buying an additional 477 shares during the period. CWM LLC grew its stake in shares of Oxford Industries by 61.5% during the third quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after acquiring an additional 305 shares in the last quarter. GAMMA Investing LLC increased its position in shares of Oxford Industries by 46.6% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock worth $32,000 after acquiring an additional 294 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Oxford Industries during the second quarter worth about $34,000. Finally, Quarry LP acquired a new position in shares of Oxford Industries in the third quarter worth about $38,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on OXM shares. Wall Street Zen downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a report on Thursday, December 11th. UBS Group boosted their price objective on shares of Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Truist Financial set a $38.00 target price on Oxford Industries in a research report on Wednesday, January 14th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Oxford Industries in a research report on Monday, December 29th. Five research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $45.40.

Oxford Industries Stock Down 7.1%

Shares of Oxford Industries stock opened at $37.78 on Wednesday. Oxford Industries has a twelve month low of $30.57 and a twelve month high of $87.93. The stock has a market cap of $562.18 million, a price-to-earnings ratio of -114.48 and a beta of 1.08. The company has a current ratio of 1.33, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27. The company has a fifty day moving average price of $36.84 and a 200 day moving average price of $39.98.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.03. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.The company had revenue of $307.34 million for the quarter, compared to analysts’ expectations of $304.42 million. During the same quarter in the previous year, the firm posted ($0.11) earnings per share. The firm’s quarterly revenue was down .2% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. Equities research analysts forecast that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a $0.69 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.3%. Oxford Industries’s dividend payout ratio (DPR) is -836.36%.

About Oxford Industries

Oxford Industries, Inc, incorporated in 1942 and headquartered in Atlanta, Georgia, is a leading designer, marketer and distributor of high-quality men’s and women’s lifestyle apparel and accessories. The company’s product portfolio features a mix of owned brands and licensed partnerships that span casual, resort and performance categories. Key owned brands include Tommy Bahama, renowned for its island-inspired menswear and women’s sportswear, and Southern Tide, which offers coastal-focused clothing and footwear.