TrueMark Investments LLC Reduces Holdings in Oxford Industries, Inc. $OXM

TrueMark Investments LLC cut its position in shares of Oxford Industries, Inc. (NYSE:OXM) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 117,076 shares of the textile maker’s stock after selling 15,073 shares during the period. TrueMark Investments LLC’s holdings in Oxford Industries were worth $4,746,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Inspire Advisors LLC bought a new stake in Oxford Industries during the 2nd quarter valued at $2,086,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in shares of Oxford Industries by 5.8% during the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,724 shares of the textile maker’s stock worth $512,000 after purchasing an additional 700 shares during the last quarter. CenterBook Partners LP lifted its stake in shares of Oxford Industries by 226.6% during the 2nd quarter. CenterBook Partners LP now owns 81,236 shares of the textile maker’s stock worth $3,270,000 after purchasing an additional 56,360 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its position in Oxford Industries by 63.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock valued at $17,681,000 after purchasing an additional 170,208 shares in the last quarter. Finally, Campbell & CO Investment Adviser LLC purchased a new position in Oxford Industries in the second quarter valued at about $323,000. 91.16% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts have commented on the stock. Zacks Research lowered shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, December 12th. Citigroup reduced their price objective on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. Truist Financial set a $38.00 target price on shares of Oxford Industries in a research note on Wednesday, January 14th. Wall Street Zen lowered shares of Oxford Industries from a “hold” rating to a “sell” rating in a report on Saturday, December 20th. Finally, UBS Group increased their price objective on Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $45.40.

Insiders Place Their Bets

In other news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the company’s stock in a transaction 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 purchase, the chief executive officer owned 22,709 shares in the company, valued at $797,540.08. This trade represents a 28.23% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 6.00% of the company’s stock.

Oxford Industries Stock Down 2.9%

OXM stock opened at $36.95 on Friday. The stock has a market capitalization of $549.88 million, a PE ratio of -111.98 and a beta of 1.08. Oxford Industries, Inc. has a 52 week low of $30.57 and a 52 week high of $87.93. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27. The firm has a 50 day moving average of $36.96 and a 200 day moving average of $39.91.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 business had revenue of $307.34 million for the quarter, compared to analyst estimates of $304.42 million. During the same quarter in the prior year, the business posted ($0.11) EPS. Oxford Industries’s revenue for the quarter 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. Sell-side analysts forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a yield of 7.5%. Oxford Industries’s payout ratio is currently -836.36%.

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.