GW&K Investment Management LLC Sells 26,630 Shares of Oxford Industries, Inc. $OXM

GW&K Investment Management LLC reduced its position in Oxford Industries, Inc. (NYSE:OXM) by 8.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 271,732 shares of the textile maker’s stock after selling 26,630 shares during the quarter. GW&K Investment Management LLC’s holdings in Oxford Industries were worth $11,016,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of OXM. American Century Companies Inc. grew its position in Oxford Industries by 6.0% in the 3rd quarter. American Century Companies Inc. now owns 595,107 shares of the textile maker’s stock valued at $24,126,000 after acquiring an additional 33,871 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Oxford Industries by 3.3% during the second quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock worth $17,804,000 after purchasing an additional 14,103 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Oxford Industries by 63.3% during the second quarter. Arrowstreet Capital Limited Partnership now owns 439,276 shares of the textile maker’s stock valued at $17,681,000 after purchasing an additional 170,208 shares during the period. RBO & Co. LLC boosted its stake in shares of Oxford Industries by 49.1% during the third quarter. RBO & Co. LLC now owns 294,076 shares of the textile maker’s stock valued at $11,922,000 after purchasing an additional 96,787 shares during the period. Finally, Millennium Management LLC boosted its holdings 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 purchasing an additional 222,150 shares during the period. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Insider Activity

In other news, CEO Thomas Caldecot Chubb III bought 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average cost of $35.12 per share, for a total transaction of $175,600.00. Following the purchase, the chief executive officer directly owned 22,709 shares in the company, valued at approximately $797,540.08. This trade represents a 28.23% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 6.00% of the stock is currently owned by corporate insiders.

Oxford Industries Stock Down 3.9%

Oxford Industries stock opened at $37.45 on Friday. The business’s 50-day simple moving average is $38.26 and its two-hundred day simple moving average is $39.09. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.62 and a current ratio of 1.33. The company has a market cap of $557.26 million, a PE ratio of -113.48 and a beta of 1.05. Oxford Industries, Inc. has a fifty-two week low of $30.57 and a fifty-two week high of $64.55.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (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 during the quarter, compared to analysts’ expectations of $304.42 million. During the same period last year, the business posted ($0.11) earnings per share. The company’s revenue for the quarter was down .2% compared to the same quarter last year. 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. Equities analysts anticipate that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were issued a dividend of $0.69 per share. This represents a $2.76 annualized dividend and a dividend yield of 7.4%. The ex-dividend date of this dividend was Friday, January 16th. Oxford Industries’s payout ratio is -836.36%.

Analyst Ratings Changes

OXM has been the subject of a number of research reports. Truist Financial set a $38.00 price objective on shares of Oxford Industries in a research note on Wednesday, January 14th. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, December 12th. UBS Group lifted their price objective on shares of Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a report on Thursday, January 8th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a report on Thursday, December 11th. Finally, Wall Street Zen lowered Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Five analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Oxford Industries has an average rating of “Reduce” and a consensus target price of $45.40.

Oxford Industries Company Profile

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.