Oxford Industries, Inc. (NYSE:OXM – Get Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $36.02, but opened at $34.00. Oxford Industries shares last traded at $34.9050, with a volume of 63,356 shares trading hands.
Analysts Set New Price Targets
A number of analysts have issued reports on OXM shares. Weiss Ratings reissued a “sell (d)” rating on shares of Oxford Industries in a report on Monday, December 29th. UBS Group boosted their price objective on shares of Oxford Industries from $35.00 to $36.00 and gave the stock a “neutral” rating in a research note on Thursday, January 8th. Truist Financial set a $38.00 price target on Oxford Industries in a report on Wednesday. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, December 11th. Finally, Telsey Advisory Group increased their price objective on Oxford Industries from $35.00 to $40.00 and gave the stock a “market perform” rating in a research note on Tuesday. Five investment analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $45.40.
Read Our Latest Report on Oxford Industries
Oxford Industries Stock Performance
Oxford Industries (NYSE:OXM – Get Free Report) last released its quarterly earnings results 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 business had revenue of $307.34 million during the quarter, compared to analysts’ expectations of $304.42 million. During the same quarter in the prior year, the business earned ($0.11) earnings per share. The company’s quarterly revenue 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. As a group, research 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 will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 6.8%. The ex-dividend date is Friday, January 16th. Oxford Industries’s payout ratio is presently -836.36%.
Insider Activity
In other Oxford Industries news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $35.12 per share, for a total transaction of $175,600.00. Following the completion of the transaction, the chief executive officer directly owned 22,709 shares of the company’s stock, valued at $797,540.08. This trade represents a 28.23% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. 6.00% of the stock is owned by company insiders.
Institutional Investors Weigh In On Oxford Industries
A number of institutional investors and hedge funds have recently bought and sold shares of OXM. Hantz Financial Services Inc. increased its position in Oxford Industries by 245.9% during the third quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock worth $27,000 after buying an additional 477 shares in the last quarter. CWM LLC boosted its stake in shares of Oxford Industries by 61.5% during the third quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after acquiring an additional 305 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Oxford Industries during the 2nd quarter worth about $34,000. GAMMA Investing LLC increased its position in Oxford Industries by 46.6% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock worth $32,000 after purchasing an additional 294 shares in the last quarter. Finally, Quarry LP acquired a new stake in Oxford Industries during the third quarter worth approximately $38,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.
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.
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