Heartland Advisors Inc. Takes Position in Oxford Industries, Inc. $OXM

Heartland Advisors Inc. purchased a new position in Oxford Industries, Inc. (NYSE:OXMFree Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 244,230 shares of the textile maker’s stock, valued at approximately $8,516,000. Heartland Advisors Inc. owned 1.64% of Oxford Industries at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OXM. BlackRock Inc. acquired a new position in Oxford Industries during the second quarter worth $41,098,000. Charles Schwab Investment Management Inc. grew its stake in Oxford Industries by 6.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 754,762 shares of the textile maker’s stock valued at $25,813,000 after acquiring an additional 45,535 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its stake in Oxford Industries by 7.3% in the 3rd 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 increased its holdings in Oxford Industries by 3.3% during the 2nd quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock valued at $17,804,000 after acquiring an additional 14,103 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in Oxford Industries by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 337,738 shares of the textile maker’s stock valued at $11,552,000 after acquiring an additional 944 shares in the last quarter. 91.16% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The stock was purchased at an average price of $36.90 per share, with a total value of $92,250.00. Following the completion of the transaction, the chief executive officer owned 30,200 shares of the company’s stock, valued at approximately $1,114,380. This trade represents a 9.03% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 6.50% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Telsey Advisory Group reduced their price target on shares of Oxford Industries from $51.00 to $44.00 and set a “market perform” rating on the stock in a report on Thursday, June 11th. UBS Group set a $40.00 price objective on shares of Oxford Industries in a research note on Friday, June 12th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a research note on Thursday, June 11th. Finally, Zacks Research upgraded Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Seven analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $40.00.

Check Out Our Latest Stock Report on Oxford Industries

Oxford Industries Stock Performance

Oxford Industries stock opened at $36.29 on Friday. The stock has a fifty day moving average price of $37.18 and a 200 day moving average price of $39.29. Oxford Industries, Inc. has a 52 week low of $30.57 and a 52 week high of $51.61. The firm has a market capitalization of $541.85 million, a P/E ratio of -13.75 and a beta of 1.06. The company has a current ratio of 1.17, a quick ratio of 0.60 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXMGet Free Report) last issued its quarterly earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.12. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The firm had revenue of $391.40 million for the quarter, compared to analyst estimates of $391.76 million. During the same period last year, the company earned $1.82 EPS. The firm’s quarterly revenue was down .4% on a year-over-year basis. 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 anticipate that Oxford Industries, Inc. will post 2.5 earnings per share for the current year.

Oxford Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 7.7%. The ex-dividend date was Friday, July 17th. Oxford Industries’s payout ratio is presently -106.06%.

Oxford Industries Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc. (NYSE:OXMFree Report).

Institutional Ownership by Quarter for Oxford Industries (NYSE:OXM)

Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.