Oxford Industries, Inc. $OXM Shares Acquired by Allianz Asset Management GmbH

Allianz Asset Management GmbH lifted its holdings in Oxford Industries, Inc. (NYSE:OXM) by 122.9% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 122,599 shares of the textile maker’s stock after purchasing an additional 67,598 shares during the quarter. Allianz Asset Management GmbH owned about 0.82% of Oxford Industries worth $4,970,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OXM. Millennium Management LLC grew its stake in Oxford Industries by 311.9% during the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $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 worth about $7,195,000. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Oxford Industries by 63.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock worth $17,681,000 after purchasing an additional 170,208 shares during the period. TrueMark Investments LLC purchased a new stake in Oxford Industries in the second quarter valued at approximately $5,319,000. Finally, Schroder Investment Management Group increased its holdings in Oxford Industries by 44.1% in the 2nd quarter. Schroder Investment Management Group now owns 278,582 shares of the textile maker’s stock worth $11,213,000 after buying an additional 85,292 shares during the period. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OXM has been the subject of several research reports. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, December 12th. Wall Street Zen downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Citigroup lowered their price target 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. UBS Group lifted their price objective on Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Finally, KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a report on Thursday, December 11th. Five 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 presently has a consensus rating of “Reduce” and an average price target of $45.40.

Oxford Industries Trading Up 0.6%

OXM stock opened at $39.89 on Wednesday. The company’s 50-day simple moving average is $37.51 and its 200-day simple moving average is $39.30. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. Oxford Industries, Inc. has a 52-week low of $30.57 and a 52-week high of $75.89. The firm has a market cap of $593.61 million, a P/E ratio of -120.88 and a beta of 1.09.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share for the quarter, beating the consensus estimate of ($0.95) by $0.03. The firm had revenue of $307.34 million during the quarter, compared to analyst estimates of $304.42 million. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.Oxford Industries’s revenue for the quarter was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.11) EPS. 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, equities analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were given a dividend of $0.69 per share. The ex-dividend date was Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.9%. Oxford Industries’s dividend payout ratio (DPR) is -836.36%.

Insider Transactions at Oxford Industries

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

Oxford Industries Profile

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.