BTIG Research Reaffirms Neutral Rating for Oxford Industries (NYSE:OXM)

Oxford Industries (NYSE:OXM)‘s stock had its “neutral” rating restated by analysts at BTIG Research in a research note issued to investors on Monday, Benzinga reports.

A number of other research analysts have also recently issued reports on OXM. Truist Financial cut their price target on Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a report on Friday, September 4th. Zacks Research lowered shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 8th. UBS Group reaffirmed a “neutral” rating on shares of Oxford Industries in a research note on Wednesday, August 26th. Citigroup reduced their target price on shares of Oxford Industries from $36.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Finally, KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a report on Thursday, June 11th. Six investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $35.25.

Oxford Industries Stock Up 0.2%

Shares of OXM opened at $25.44 on Monday. The company has a market capitalization of $381.06 million, a P/E ratio of -49.88 and a beta of 1.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56. Oxford Industries has a one year low of $24.19 and a one year high of $49.58. The business’s 50 day simple moving average is $33.00 and its 200-day simple moving average is $37.55.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The firm had revenue of $394.38 million during the quarter, compared to analysts’ expectations of $394.55 million. During the same period last year, the firm posted $1.26 EPS. The business’s revenue was down 2.2% on a year-over-year basis. 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. As a group, sell-side analysts predict that Oxford Industries will post 1.77 EPS for the current fiscal year.

Insider Activity at Oxford Industries

In other Oxford Industries news, CEO Thomas Chubb, III purchased 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The stock was acquired at an average cost of $26.15 per share, with a total value of $65,375.00. Following the completion of the purchase, the chief executive officer directly owned 36,200 shares in the company, valued at approximately $946,630. This represents a 7.42% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP K. Grassmyer acquired 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was acquired 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 of the company’s stock, valued at $1,148,648.28. This trade represents a 2.66% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have bought 7,000 shares of company stock valued at $203,360. 6.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

Hedge funds have recently added to or reduced their stakes in the stock. Bank of America Corp DE bought a new position in Oxford Industries during the 2nd quarter worth approximately $14,625,000. BlackRock Inc. acquired a new stake in Oxford Industries in the second quarter worth $41,098,000. Punch & Associates Investment Management Inc. bought a new position in shares of Oxford Industries during the second quarter worth $4,270,000. Heartland Advisors Inc. increased its position in shares of Oxford Industries by 40.7% in the 1st quarter. Heartland Advisors Inc. now owns 211,093 shares of the textile maker’s stock valued at $8,129,000 after buying an additional 61,093 shares in the last quarter. Finally, Bank of New York Mellon Corp acquired a new stake in Oxford Industries during the 2nd quarter worth $2,048,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

About Oxford Industries

Oxford Industries, Inc is an apparel and lifestyle products company headquartered in Atlanta, Georgia. Founded in 1942, the company designs, sources, markets and distributes branded clothing, accessories and related products for women, men and children.

Its portfolio includes Tommy Bahama, a resort-inspired lifestyle brand; Lilly Pulitzer, known for colorful women’s, children’s and home products; Southern Tide, a casual lifestyle brand; and Johnny Was, which offers women’s apparel and accessories.