Oxford Industries, Inc. (NYSE:OXM – Get Free Report) was down 7.6% during trading on Thursday . The stock traded as low as $37.86 and last traded at $37.58. Approximately 43,726 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 385,063 shares. The stock had previously closed at $40.66.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently weighed in on the company. Citigroup upped their price target on Oxford Industries from $34.00 to $36.00 and gave the company a “neutral” rating in a research report on Tuesday, June 16th. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. UBS Group set a $40.00 target price on shares of Oxford Industries in a report on Friday, June 12th. Finally, Truist Financial decreased their target price on shares of Oxford Industries from $43.00 to $40.00 and set a “hold” rating on the stock in a report on Thursday, June 11th. Seven investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $40.00.
Check Out 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, June 10th. The textile maker reported $1.39 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.12. The firm had revenue of $391.40 million for the quarter, compared to analysts’ expectations of $391.76 million. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The company’s revenue was down .4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.82 EPS. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. Equities research analysts predict that Oxford Industries, Inc. will post 2.5 EPS for the current year.
Oxford Industries Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 7.3%. The ex-dividend date of this dividend is Friday, July 17th. Oxford Industries’s dividend payout ratio (DPR) is currently -106.06%.
Insider Buying and Selling
In related news, CEO Thomas Caldecot Chubb III purchased 2,500 shares of the business’s stock in a transaction on Friday, June 12th. The stock was acquired at an average price of $36.90 per share, with a total value of $92,250.00. Following the purchase, the chief executive officer directly owned 30,200 shares in the company, valued at approximately $1,114,380. This represents a 9.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 6.50% of the stock is currently owned by corporate insiders.
Institutional Trading of Oxford Industries
Institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Management Inc. lifted its holdings in shares of Oxford Industries by 6.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 754,762 shares of the textile maker’s stock worth $25,813,000 after acquiring an additional 45,535 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Oxford Industries by 7.3% in the third quarter. Arrowstreet Capital Limited Partnership now owns 471,502 shares of the textile maker’s stock valued at $19,115,000 after acquiring an additional 32,226 shares during the last quarter. Bank of America Corp DE raised its position in Oxford Industries by 3.3% during the second quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock valued at $17,804,000 after purchasing an additional 14,103 shares in the last quarter. Geode Capital Management LLC raised its position in Oxford Industries by 0.3% during the fourth quarter. Geode Capital Management LLC now owns 337,738 shares of the textile maker’s stock valued at $11,552,000 after purchasing an additional 944 shares in the last quarter. Finally, Millennium Management LLC raised its position in Oxford Industries by 1,374.3% during the fourth quarter. Millennium Management LLC now owns 326,607 shares of the textile maker’s stock valued at $11,170,000 after purchasing an additional 304,454 shares in the last quarter. Hedge funds and other 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.
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