Oxford Industries (NYSE:OXM) Releases Earnings Results, Meets Estimates

Oxford Industries (NYSE:OXM) issued its earnings results on Wednesday. The textile maker reported $1.82 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.82, Zacks reports. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The firm had revenue of $392.86 million during the quarter, compared to analyst estimates of $383.54 million. During the same quarter in the prior year, the business earned $2.66 earnings per share. Oxford Industries updated its FY 2025 guidance to 2.800-3.200 EPS and its Q2 2025 guidance to 1.050-1.250 EPS.

Oxford Industries Trading Down 8.3%

Shares of OXM opened at $50.18 on Thursday. Oxford Industries has a twelve month low of $42.12 and a twelve month high of $108.51. The company has a market cap of $745.91 million, a P/E ratio of 56.38 and a beta of 1.45. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. The company’s fifty day simple moving average is $52.05 and its 200-day simple moving average is $66.67.

Oxford Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th were paid a $0.69 dividend. The ex-dividend date was Thursday, April 17th. This represents a $2.76 annualized dividend and a dividend yield of 5.50%. This is an increase from Oxford Industries’s previous quarterly dividend of $0.67. Oxford Industries’s dividend payout ratio is currently 47.02%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on OXM shares. UBS Group upped their target price on shares of Oxford Industries from $54.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, June 5th. Truist Financial initiated coverage on shares of Oxford Industries in a research report on Wednesday, May 28th. They set a “hold” rating and a $56.00 price objective for the company. Citigroup lowered their price objective on shares of Oxford Industries from $52.00 to $47.00 and set a “sell” rating for the company in a research report on Monday, April 7th. Telsey Advisory Group reiterated a “market perform” rating and set a $52.00 price objective on shares of Oxford Industries in a research report on Thursday, June 5th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Based on data from MarketBeat, Oxford Industries has an average rating of “Hold” and an average target price of $58.20.

Insider Activity

In other news, Director Milford W. Mcguirt bought 1,000 shares of Oxford Industries stock in a transaction dated Wednesday, April 2nd. The shares were acquired at an average price of $58.70 per share, with a total value of $58,700.00. Following the completion of the purchase, the director now owns 7,180 shares in the company, valued at $421,466. The trade was a 16.18% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders own 6.00% of the company’s stock.

Institutional Investors Weigh In On Oxford Industries

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Millennium Management LLC raised its stake in shares of Oxford Industries by 311.9% in the first quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after acquiring an additional 222,150 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Oxford Industries by 22.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,906 shares of the textile maker’s stock valued at $1,755,000 after acquiring an additional 5,577 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Oxford Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock worth $517,000 after buying an additional 387 shares during the period. Finally, AQR Capital Management LLC increased its stake in Oxford Industries by 33.9% in the 1st quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock worth $381,000 after buying an additional 1,643 shares during the period. Hedge funds and other institutional investors own 91.16% of the company’s stock.

About Oxford Industries

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.