Oxford Industries, Inc. (NYSE:OXM) Receives $45.40 Average Target Price from Brokerages

Shares of Oxford Industries, Inc. (NYSE:OXM) have received a consensus recommendation of “Reduce” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation and five have issued a hold recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $45.40.

Several brokerages have weighed in on OXM. Wall Street Zen downgraded Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Telsey Advisory Group lifted their target price on shares of Oxford Industries from $35.00 to $40.00 and gave the stock a “market perform” rating in a research note on Tuesday, January 13th. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, December 12th. Citigroup cut their price target on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, December 12th. Finally, KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, December 11th.

Insiders Place Their Bets

In other Oxford Industries news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the company’s stock in a transaction on Friday, December 12th. The stock was acquired at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the acquisition, the chief executive officer owned 22,709 shares in the company, valued at $797,540.08. This represents a 28.23% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 6.00% of the company’s stock.

Institutional Trading of Oxford Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC increased its position in Oxford Industries by 33.9% during the 1st quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock valued at $381,000 after purchasing an additional 1,643 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of Oxford Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock valued at $517,000 after purchasing an additional 387 shares in the last quarter. Millennium Management LLC increased its position in shares of Oxford Industries by 311.9% during the first quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after buying an additional 222,150 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in 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 worth $1,755,000 after buying an additional 5,577 shares in the last quarter. Finally, Janney Montgomery Scott LLC purchased a new stake in Oxford Industries in the second quarter worth about $301,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Stock Performance

NYSE OXM opened at $38.72 on Friday. The company has a 50-day simple moving average of $37.48 and a two-hundred day simple moving average of $39.30. Oxford Industries has a 12-month low of $30.57 and a 12-month high of $75.89. The firm has a market cap of $576.08 million, a price-to-earnings ratio of -117.31 and a beta of 1.09. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, topping the consensus estimate of ($0.95) by $0.03. Oxford Industries had a positive return on equity of 9.35% and a negative net margin of 0.20%.The firm had revenue of $307.34 million for the quarter, compared to the consensus estimate of $304.42 million. During the same quarter in the previous year, the business earned ($0.11) earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. On average, equities analysts forecast that Oxford Industries will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Shareholders of record on Friday, January 16th were given a dividend of $0.69 per share. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a yield of 7.1%. Oxford Industries’s dividend payout ratio is presently -836.36%.

About Oxford Industries

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.