Oxford Industries (NYSE:OXM) Stock Lifted to “Hold” by Zacks Research

Zacks Research upgraded shares of Oxford Industries (NYSE:OXM) from a strong sell rating to a hold rating in a research note published on Tuesday morning,Zacks reports.

Several other equities research analysts also recently commented on the stock. Citigroup decreased their target price on shares of Oxford Industries from $36.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. UBS Group reaffirmed a “neutral” rating on shares of Oxford Industries in a research report on Wednesday, August 26th. Truist Financial dropped their price target on shares of Oxford Industries from $40.00 to $33.00 and set a “hold” rating on the stock in a research report on Friday, September 4th. Weiss Ratings downgraded Oxford Industries from a “sell (d+)” rating to a “sell (d)” rating in a research note on Friday, October 16th. Finally, Telsey Advisory Group decreased their price objective on Oxford Industries from $44.00 to $35.00 and set a “market perform” rating for the company in a report on Friday, September 4th. Seven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Oxford Industries currently has a consensus rating of “Reduce” and an average target price of $35.25.

Oxford Industries Price Performance

Shares of OXM opened at $30.52 on Tuesday. Oxford Industries has a 12-month low of $24.19 and a 12-month high of $49.58. The business’s fifty day moving average is $28.98 and its 200 day moving average is $36.64. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The stock has a market cap of $457.14 million, a P/E ratio of -59.84 and a beta of 1.11.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.03. The business had revenue of $394.38 million during the quarter, compared to the consensus estimate of $394.55 million. Oxford Industries had a negative net margin of 0.46% and a positive return on equity of 4.88%. Oxford Industries’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. Sell-side analysts anticipate that Oxford Industries will post 1.77 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 30th. Stockholders of record on Friday, October 16th were paid a $0.70 dividend. The ex-dividend date was Friday, October 16th. This represents a $2.80 annualized dividend and a dividend yield of 9.2%. Oxford Industries’s dividend payout ratio is presently -549.02%.

Insider Activity

In other news, EVP K. Grassmyer bought 1,000 shares of the stock in a transaction dated Tuesday, September 15th. The stock was bought at an average price of $29.73 per share, for a total transaction of $29,730.00. Following the completion of the acquisition, the executive vice president directly owned 38,636 shares in the company, valued at approximately $1,148,648.28. This trade represents a 2.66% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Thomas Chubb, III purchased 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were purchased at an average cost of $26.15 per share, for a total transaction of $65,375.00. Following the completion of the transaction, the chief executive officer directly owned 36,200 shares of the company’s stock, valued at $946,630. This represents a 7.42% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders bought 7,000 shares of company stock valued at $203,360. 6.50% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in OXM. Illinois Municipal Retirement Fund lifted its position in shares of Oxford Industries by 4.9% during the 1st quarter. Illinois Municipal Retirement Fund now owns 7,696 shares of the textile maker’s stock worth $296,000 after buying an additional 359 shares in the last quarter. Signaturefd LLC grew its holdings in shares of Oxford Industries by 33.1% in the third quarter. Signaturefd LLC now owns 1,957 shares of the textile maker’s stock valued at $48,000 after acquiring an additional 487 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Oxford Industries in the second quarter valued at approximately $38,000. Principal Financial Group Inc. increased its position in shares of Oxford Industries by 2.0% during the first quarter. Principal Financial Group Inc. now owns 67,974 shares of the textile maker’s stock valued at $2,618,000 after acquiring an additional 1,362 shares during the last quarter. Finally, Cetera Investment Advisers increased its position in shares of Oxford Industries by 9.9% during the first quarter. Cetera Investment Advisers now owns 17,482 shares of the textile maker’s stock valued at $673,000 after acquiring an additional 1,578 shares during the last quarter. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Company Profile

Oxford Industries, Inc is an Atlanta-based apparel and lifestyle company that designs, sources, markets and distributes branded clothing, accessories and related products. Its products are sold through company-operated stores, e-commerce websites, wholesale partners and other distribution channels.

The company’s principal lifestyle brands include Tommy Bahama, which offers resort-inspired apparel, accessories, footwear, home furnishings and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s clothing and accessories; and Johnny Was, a premium women’s apparel and lifestyle brand.