Oxford Industries, Inc. (NYSE:OXM – Get Free Report)’s share price passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $39.32 and traded as high as $40.51. Oxford Industries shares last traded at $40.0670, with a volume of 158,375 shares traded.
Analysts Set New Price Targets
Several equities analysts recently weighed in on OXM shares. Citigroup reduced their target price on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, December 12th. Weiss Ratings restated a “sell (d)” rating on shares of Oxford Industries in a research note on Monday, December 29th. UBS Group upped their target price on Oxford Industries from $35.00 to $36.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Wall Street Zen downgraded Oxford Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Finally, Truist Financial set a $38.00 price target on Oxford Industries in a research report on Wednesday, January 14th. Five equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oxford Industries presently has an average rating of “Reduce” and a consensus price target of $45.40.
Read Our Latest Analysis on OXM
Oxford Industries Stock Down 1.4%
Oxford Industries (NYSE:OXM – Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, beating 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 firm had revenue of $307.34 million during the quarter, compared to the consensus estimate of $304.42 million. During the same quarter in the prior year, the business posted ($0.11) earnings per share. Oxford Industries’s revenue for the quarter 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. As a group, sell-side analysts expect that Oxford Industries, Inc. 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, January 30th. Investors of record on Friday, January 16th were paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.9%. The ex-dividend date was Friday, January 16th. Oxford Industries’s payout ratio is -836.36%.
Insider Transactions at Oxford Industries
In related news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of Oxford Industries stock in a transaction on Friday, December 12th. The shares were purchased at an average cost of $35.12 per share, for a total transaction of $175,600.00. Following the purchase, the chief executive officer directly owned 22,709 shares of the company’s stock, valued at $797,540.08. The trade was a 28.23% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On Oxford Industries
Hedge funds and other institutional investors have recently modified their holdings of the stock. Hantz Financial Services Inc. lifted its position in shares of Oxford Industries by 245.9% during the third quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after purchasing an additional 477 shares during the last quarter. CWM LLC raised its stake in 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 buying an additional 305 shares in the last quarter. GAMMA Investing LLC lifted its holdings in Oxford Industries by 46.6% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock worth $32,000 after buying an additional 294 shares during the last quarter. Quarry LP bought a new position in Oxford Industries during the 3rd quarter worth approximately $38,000. Finally, Signaturefd LLC grew its position in shares of Oxford Industries by 28.1% in the 4th quarter. Signaturefd LLC now owns 1,368 shares of the textile maker’s stock worth $47,000 after acquiring an additional 300 shares in the last quarter. Institutional investors own 91.16% of the company’s stock.
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.
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