Oxford Industries, Inc. $OXM Shares Bought by LSV Asset Management

LSV Asset Management lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 1,769.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,600 shares of the textile maker’s stock after buying an additional 46,000 shares during the quarter. LSV Asset Management owned approximately 0.33% of Oxford Industries worth $1,970,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Millennium Management LLC grew its stake in Oxford Industries by 311.9% in the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock worth $17,213,000 after acquiring an additional 222,150 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Oxford Industries during the 2nd quarter worth $7,195,000. Arrowstreet Capital Limited Partnership boosted 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 last quarter. Schroder Investment Management Group grew its position in shares of Oxford Industries by 44.1% in the second quarter. Schroder Investment Management Group now owns 278,582 shares of the textile maker’s stock valued at $11,213,000 after purchasing an additional 85,292 shares during the period. Finally, Allianz Asset Management GmbH increased its stake in Oxford Industries by 122.9% in the third quarter. Allianz Asset Management GmbH now owns 122,599 shares of the textile maker’s stock valued at $4,970,000 after purchasing an additional 67,598 shares during the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on OXM shares. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Wall Street Zen cut shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Weiss Ratings restated a “sell (d)” rating on shares of Oxford Industries in a report on Monday, December 29th. Citigroup cut their price target on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Finally, Truist Financial set a $38.00 price objective on shares of Oxford Industries in a research note on Wednesday, January 14th. 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, Oxford Industries has an average rating of “Reduce” and a consensus price target of $45.40.

Oxford Industries Trading Down 1.3%

NYSE OXM opened at $38.23 on Tuesday. The firm has a market capitalization of $568.91 million, a price-to-earnings ratio of -115.85 and a beta of 1.09. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 1.33. Oxford Industries, Inc. has a one year low of $30.57 and a one year high of $75.58. The company’s 50 day moving average price is $37.41 and its 200 day moving average price is $39.25.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) 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 analyst estimates of $304.42 million. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The business’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the prior year, the business 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. On average, sell-side analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 7.2%. The ex-dividend date was Friday, January 16th. Oxford Industries’s dividend payout ratio (DPR) is presently -836.36%.

Insider Buying and Selling

In related news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was purchased at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the acquisition, 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 ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Company 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.