GW&K Investment Management LLC Reduces Stock Position in Oxford Industries, Inc. $OXM

GW&K Investment Management LLC cut its stake in Oxford Industries, Inc. (NYSE:OXM) by 8.9% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 owned 1.83% of Oxford Industries worth $11,016,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Hantz Financial Services Inc. raised its stake in Oxford Industries by 245.9% during the 3rd quarter. Hantz Financial Services Inc. now owns 671 shares of the textile maker’s stock valued at $27,000 after buying an additional 477 shares during the last quarter. CWM LLC boosted its stake in shares of Oxford Industries by 61.5% in the 3rd quarter. CWM LLC now owns 801 shares of the textile maker’s stock worth $32,000 after buying an additional 305 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Oxford Industries by 44.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock worth $61,000 after buying an additional 466 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of Oxford Industries by 127.1% in the second quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker’s stock worth $73,000 after acquiring an additional 1,014 shares during the period. Finally, Meeder Asset Management Inc. bought a new stake in shares of Oxford Industries in the third quarter worth $125,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Insider Buying and Selling

In related news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the company’s stock in a transaction that occurred on Friday, December 12th. The stock was bought at an average price of $35.12 per share, for a total transaction of $175,600.00. Following the completion of the transaction, the chief executive officer owned 22,709 shares in the company, valued at approximately $797,540.08. The trade was a 28.23% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 6.00% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on OXM. Truist Financial set a $38.00 price objective on shares of Oxford Industries in a research note on Wednesday, January 14th. Zacks Research downgraded shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, December 12th. Wall Street Zen downgraded shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Finally, UBS Group lifted their target price on Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Five investment 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 currently has an average rating of “Reduce” and an average price target of $45.40.

Oxford Industries Stock Down 3.9%

Shares of OXM opened at $37.45 on Friday. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.62. The stock has a market capitalization of $557.26 million, a price-to-earnings ratio of -113.48 and a beta of 1.05. Oxford Industries, Inc. has a 1 year low of $30.57 and a 1 year high of $64.55. The business’s 50 day simple moving average is $38.26 and its 200-day simple moving average is $39.09.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share for the quarter, topping the consensus estimate of ($0.95) by $0.03. The company had revenue of $307.34 million for the quarter, compared to analysts’ expectations of $304.42 million. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. Oxford Industries’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter in the previous year, the business posted ($0.11) earnings per share. 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, equities analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Friday, January 16th were issued a $0.69 dividend. The ex-dividend date of this dividend was Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.4%. 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.