Oxford Industries, Inc. (NYSE:OXM – Get Free Report) has received a consensus recommendation of “Reduce” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation and five have assigned a hold recommendation to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $45.40.
Several equities research analysts recently commented on the stock. 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 report on Thursday, January 8th. Wall Street Zen cut Oxford Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Telsey Advisory Group boosted their price target on Oxford Industries from $35.00 to $40.00 and gave the company a “market perform” rating in a report on Tuesday, January 13th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oxford Industries in a research report on Monday, December 29th.
View Our Latest Research Report on Oxford Industries
Oxford Industries Stock Performance
Oxford Industries (NYSE:OXM – Get Free Report) last released 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. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The company had revenue of $307.34 million during the quarter, compared to analysts’ expectations of $304.42 million. During the same quarter in the prior year, the company earned ($0.11) earnings per share. The business’s quarterly revenue was down .2% compared to the same quarter last year. 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, analysts expect that Oxford Industries will post 6.62 earnings per share for the current fiscal year.
Oxford Industries Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were paid a $0.69 dividend. The ex-dividend date was Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.4%. Oxford Industries’s payout ratio is presently -836.36%.
Insiders Place Their Bets
In other news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of Oxford Industries stock in a transaction on Friday, December 12th. The stock was purchased at an average price of $35.12 per share, with a total value of $175,600.00. Following the transaction, 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 acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. 6.00% of the stock is currently owned by company insiders.
Institutional Trading of Oxford Industries
A number of institutional investors have recently made changes to their positions in OXM. Advisors Asset Management Inc. grew its position in Oxford Industries by 6.1% in the second quarter. Advisors Asset Management Inc. now owns 4,169 shares of the textile maker’s stock valued at $168,000 after purchasing an additional 241 shares in the last quarter. Cerity Partners LLC lifted its position in Oxford Industries by 3.0% during the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock worth $399,000 after buying an additional 286 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of 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. PNC Financial Services Group Inc. boosted its stake in shares of Oxford Industries by 9.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the textile maker’s stock worth $146,000 after buying an additional 300 shares during the last quarter. Finally, Signaturefd LLC grew its holdings 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 valued at $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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