BTIG Research reissued their neutral rating on shares of Oxford Industries (NYSE:OXM – Free Report) in a report issued on Monday,Benzinga reports.
Other equities research analysts have also recently issued reports about the stock. Zacks Research cut shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 8th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a report on Thursday, June 11th. Citigroup reduced their price target on Oxford Industries from $36.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday, September 4th. UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a research note on Wednesday, August 26th. Finally, Truist Financial lowered their price objective on Oxford Industries from $40.00 to $33.00 and set a “hold” rating on the stock in a report on Friday, September 4th. Six analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $35.25.
Read Our Latest Analysis on OXM
Oxford Industries Price Performance
Oxford Industries (NYSE:OXM – Get Free Report) last posted its earnings results on Thursday, September 3rd. The textile maker reported $1.34 EPS for the quarter, topping the consensus estimate of $1.31 by $0.03. Oxford Industries had a negative net margin of 0.46% and a positive return on equity of 4.88%. The company had revenue of $394.38 million during the quarter, compared to the consensus estimate of $394.55 million. During the same period in the previous year, the firm posted $1.26 earnings per share. The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. As a group, research analysts expect that Oxford Industries will post 1.77 EPS for the current fiscal year.
Oxford Industries Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $0.70 dividend. The ex-dividend date is Friday, October 16th. This represents a $2.80 dividend on an annualized basis and a yield of 11.1%. Oxford Industries’s dividend payout ratio (DPR) is presently -549.02%.
Insider Buying and Selling at Oxford Industries
In other Oxford Industries news, EVP K. Grassmyer purchased 1,000 shares of the business’s stock in a transaction dated Tuesday, September 15th. The stock was bought at an average cost of $29.73 per share, for a total transaction of $29,730.00. Following the completion of the acquisition, the executive vice president directly owned 38,636 shares in the company, valued at $1,148,648.28. This represents a 2.66% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Thomas Chubb, III acquired 3,500 shares of Oxford Industries stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average cost of $30.93 per share, with a total value of $108,255.00. Following the completion of the transaction, the chief executive officer directly owned 33,700 shares of the company’s stock, valued at $1,042,341. This trade represents a 11.59% increase in their position. The SEC filing for this purchase provides additional information. Insiders purchased a total of 7,000 shares of company stock worth $203,360 in the last quarter. Insiders own 6.50% of the company’s stock.
Hedge Funds Weigh In On Oxford Industries
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new stake in Oxford Industries in the 2nd quarter valued at $38,000. Meeder Asset Management Inc. acquired a new stake in Oxford Industries in the 2nd quarter worth $81,000. Whittier Trust Co. bought a new position in shares of Oxford Industries during the 2nd quarter worth about $163,000. Gables Capital Management Inc. bought a new position in shares of Oxford Industries during the 2nd quarter worth about $181,000. Finally, Quantinno Capital Management LP acquired a new position in shares of Oxford Industries during the first quarter valued at about $224,000. Institutional investors own 91.16% of the company’s stock.
About Oxford Industries
Oxford Industries, Inc is an apparel and lifestyle products company headquartered in Atlanta, Georgia. Founded in 1942, the company designs, sources, markets and distributes branded clothing, accessories and related products for women, men and children.
Its portfolio includes Tommy Bahama, a resort-inspired lifestyle brand; Lilly Pulitzer, known for colorful women’s, children’s and home products; Southern Tide, a casual lifestyle brand; and Johnny Was, which offers women’s apparel and accessories.
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