Brokerages Set Oxford Industries, Inc. (NYSE:OXM) PT at $45.40

Shares of Oxford Industries, Inc. (NYSE:OXM) have been given a consensus recommendation of “Reduce” by the seven brokerages that are presently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $45.40.

A number of brokerages have issued reports on OXM. 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 research note on Friday, December 12th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Oxford Industries in a research note on Monday, December 29th. UBS Group raised their price target on shares of Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Truist Financial set a $38.00 price objective on Oxford Industries in a research report on Wednesday, January 14th. Finally, Telsey Advisory Group increased their price objective on Oxford Industries from $35.00 to $40.00 and gave the company a “market perform” rating in a research note on Tuesday, January 13th.

Insider Activity at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the stock in a transaction dated Friday, December 12th. The stock was acquired at an average cost of $35.12 per share, with a total value of $175,600.00. Following the completion of the transaction, 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 purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. grew its position in shares of 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 acquiring an additional 477 shares during the last quarter. CWM LLC boosted its stake in Oxford Industries by 61.5% during the 3rd quarter. CWM LLC now owns 801 shares of the textile maker’s stock worth $32,000 after purchasing an additional 305 shares during the period. GAMMA Investing LLC boosted its stake 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 during the period. Caitong International Asset Management Co. Ltd purchased a new position in Oxford Industries during the 2nd quarter worth $34,000. Finally, Quarry LP acquired a new position in Oxford Industries in the third quarter valued at $38,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Stock Performance

NYSE:OXM opened at $40.08 on Friday. Oxford Industries has a fifty-two week low of $30.57 and a fifty-two week high of $75.89. 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 50 day moving average price of $37.51 and a 200 day moving average price of $39.34. The stock has a market capitalization of $596.39 million, a P/E ratio of -121.45 and a beta of 1.09.

Oxford Industries (NYSE:OXM) last released its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $307.34 million for the quarter, compared to analysts’ expectations of $304.42 million. During the same period in the prior year, the firm earned ($0.11) earnings per share. The firm’s 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. Equities research analysts forecast that Oxford Industries will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Friday, January 16th were paid a $0.69 dividend. This represents a $2.76 annualized dividend and a dividend yield of 6.9%. The ex-dividend date was Friday, January 16th. Oxford Industries’s dividend payout ratio (DPR) 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.