Oxford Industries (NYSE:OXM) Stock Price Down 3.7% – Here’s What Happened

Shares of Oxford Industries, Inc. (NYSE:OXM) traded down 3.7% during mid-day trading on Thursday . The company traded as low as $39.40 and last traded at $39.29. 42,327 shares traded hands during trading, a decline of 90% from the average session volume of 433,801 shares. The stock had previously closed at $40.79.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on OXM. UBS Group dropped their price objective on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a report on Wednesday, August 27th. Citigroup upgraded Oxford Industries from a “sell” rating to a “neutral” rating and decreased their target price for the stock from $44.00 to $35.00 in a research report on Tuesday, November 25th. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, October 8th. Truist Financial raised their price target on shares of Oxford Industries from $47.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, September 11th. Finally, Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. Six analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Oxford Industries currently has a consensus rating of “Reduce” and an average target price of $52.60.

Oxford Industries Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.51. The firm has a fifty day moving average of $37.76 and a two-hundred day moving average of $42.53. The stock has a market capitalization of $585.80 million, a P/E ratio of 10.65 and a beta of 1.11.

Oxford Industries (NYSE:OXM) last issued its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.21 by $0.05. The company had revenue of $403.10 million for the quarter, compared to analysts’ expectations of $406.14 million. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The firm’s quarterly revenue was down 4.0% on a year-over-year basis. During the same period in the prior year, the business earned $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS and its Q3 2025 guidance at -1.050–0.85 EPS. On average, analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Friday, October 17th were paid a $0.69 dividend. The ex-dividend date of this dividend was Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a yield of 7.0%. Oxford Industries’s payout ratio is 74.59%.

Institutional Trading of Oxford Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. US Bancorp DE increased its holdings in shares of Oxford Industries by 67.2% in the 1st quarter. US Bancorp DE now owns 5,290 shares of the textile maker’s stock valued at $310,000 after acquiring an additional 2,127 shares during the period. PNC Financial Services Group Inc. grew its stake in Oxford Industries by 5.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock valued at $195,000 after purchasing an additional 185 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in Oxford Industries by 9.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker’s stock worth $39,596,000 after purchasing an additional 56,235 shares in the last quarter. Global Alpha Capital Management Ltd. lifted its position in shares of Oxford Industries by 37.7% during the first quarter. Global Alpha Capital Management Ltd. now owns 288,300 shares of the textile maker’s stock valued at $16,915,000 after buying an additional 79,000 shares during the last quarter. Finally, Nuveen LLC purchased a new stake in shares of Oxford Industries during the first quarter valued at about $2,426,000. Institutional investors own 91.16% of the company’s stock.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.