Oxford Industries (NYSE:OXM) Shares Up 8.9% – Still a Buy?

Oxford Industries, Inc. (NYSE:OXM)’s stock price shot up 8.9% during mid-day trading on Thursday . The stock traded as high as $40.24 and last traded at $40.1650. 152,693 shares changed hands during mid-day trading, a decline of 54% from the average session volume of 333,319 shares. The stock had previously closed at $36.89.

Analysts Set New Price Targets

Several equities analysts have weighed in on OXM shares. Truist Financial cut their target price on Oxford Industries from $50.00 to $35.00 and set a “hold” rating on the stock in a research note on Thursday, December 11th. UBS Group lifted their price objective on shares of Oxford Industries from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oxford Industries in a research note on Monday, December 29th. Citigroup decreased their price target on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating for the company in a report on Friday, December 12th. Finally, Wall Street Zen cut shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Five investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $43.80.

Oxford Industries Stock Performance

The stock’s 50 day moving average is $36.37 and its two-hundred day moving average is $40.06. The stock has a market capitalization of $587.02 million, a price-to-earnings ratio of -119.57 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.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share for the quarter, topping the consensus estimate of ($0.95) by $0.03. The company had revenue of $307.34 million during the quarter, compared to analysts’ expectations 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 period in the prior year, the firm earned ($0.11) earnings per share. 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. Analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be issued a $0.69 dividend. The ex-dividend date is Friday, January 16th. This represents a $2.76 annualized dividend and a dividend yield of 7.0%. Oxford Industries’s dividend payout ratio (DPR) is presently -836.36%.

Insider Transactions at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III bought 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the completion of the acquisition, the chief executive officer owned 22,709 shares of the company’s stock, valued at approximately $797,540.08. The trade was a 28.23% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders own 6.00% of the company’s stock.

Institutional Investors Weigh In On Oxford Industries

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Advisors Asset Management Inc. boosted its holdings in shares of Oxford Industries by 6.1% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,169 shares of the textile maker’s stock worth $168,000 after buying an additional 241 shares in the last quarter. Cerity Partners LLC lifted its position in shares of Oxford Industries by 3.0% during the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock valued at $399,000 after acquiring an additional 286 shares during the period. GAMMA Investing LLC boosted its stake in 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 in the last quarter. PNC Financial Services Group Inc. boosted its stake in Oxford Industries by 9.0% during the second quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the textile maker’s stock worth $146,000 after acquiring an additional 300 shares in the last quarter. Finally, CWM LLC grew its holdings in Oxford Industries by 61.5% in the third quarter. CWM LLC now owns 801 shares of the textile maker’s stock worth $32,000 after purchasing an additional 305 shares during the period. Institutional investors own 91.16% of the company’s stock.

Oxford Industries Company 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.