Oxford Industries, Inc. $OXM Shares Sold by William Blair Investment Management LLC

William Blair Investment Management LLC cut its stake in Oxford Industries, Inc. (NYSE:OXM) by 7.7% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 324,789 shares of the textile maker’s stock after selling 27,041 shares during the period. William Blair Investment Management LLC’s holdings in Oxford Industries were worth $13,073,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Allianz Asset Management GmbH acquired a new stake in shares of Oxford Industries in the second quarter worth approximately $2,214,000. Envestnet Portfolio Solutions Inc. acquired a new position in Oxford Industries during the second quarter valued at approximately $229,000. Inspire Investing LLC lifted its position in Oxford Industries by 65.2% during the second quarter. Inspire Investing LLC now owns 9,758 shares of the textile maker’s stock valued at $393,000 after buying an additional 3,851 shares in the last quarter. Blue Trust Inc. lifted its position in Oxford Industries by 124.8% during the second quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock valued at $58,000 after buying an additional 804 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in Oxford Industries by 5.8% during the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,724 shares of the textile maker’s stock valued at $512,000 after buying an additional 700 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.

Oxford Industries Trading Up 0.4%

NYSE OXM opened at $38.13 on Tuesday. The company’s fifty day simple moving average is $42.55 and its 200-day simple moving average is $45.64. Oxford Industries, Inc. has a 52 week low of $35.59 and a 52 week high of $89.86. The company has a current ratio of 1.18, a quick ratio of 0.51 and a debt-to-equity ratio of 0.14. The stock has a market cap of $566.86 million, a P/E ratio of 10.31 and a beta of 1.29.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, topping analysts’ consensus estimates of $1.21 by $0.05. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The business had revenue of $403.10 million for the quarter, compared to analysts’ expectations of $406.14 million. During the same period in the previous year, the company posted $2.77 earnings per share. The business’s revenue for the quarter was down 4.0% compared to the same quarter last year. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. Equities research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be paid a $0.69 dividend. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, October 17th. Oxford Industries’s payout ratio is 74.59%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. UBS Group reduced their price target on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research report on Wednesday, August 27th. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, September 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, October 8th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $52.00 price target on shares of Oxford Industries in a research report on Thursday, September 11th. Finally, Truist Financial lifted their price target on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research report on Thursday, September 11th. Four equities research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Oxford Industries has an average rating of “Reduce” and an average price target of $54.40.

Oxford Industries Company Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.