Oxford Industries (NYSE:OXM) Shares Down 4.6% – Here’s What Happened

Oxford Industries, Inc. (NYSE:OXM)’s stock price fell 4.6% during trading on Friday . The company traded as low as $38.14 and last traded at $36.7540. 29,761 shares changed hands during trading, a decline of 92% from the average session volume of 355,571 shares. The stock had previously closed at $38.52.

Analyst Upgrades and Downgrades

OXM has been the topic of a number of recent analyst reports. Wall Street Zen lowered Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Citigroup dropped their price target on Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, December 12th. Truist Financial cut their price objective on Oxford Industries from $50.00 to $35.00 and set a “hold” rating on the stock in a report on Thursday, December 11th. Telsey Advisory Group decreased their target price on shares of Oxford Industries from $52.00 to $35.00 and set a “market perform” rating for the company in a report on Thursday, December 11th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Oxford Industries in a research report on Monday, December 29th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $43.80.

Oxford Industries Trading Down 6.2%

The company has a market cap of $537.72 million, a PE ratio of -109.07 and a beta of 1.08. 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 simple moving average of $36.41 and a two-hundred day simple moving average of $40.05.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.95) by $0.03. The business had revenue of $307.34 million during the quarter, compared to analyst estimates of $304.42 million. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The firm’s revenue was down .2% compared to the same quarter last year. During the same period in the prior year, the firm earned ($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. Sell-side analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.6%. Oxford Industries’s dividend payout ratio (DPR) is -836.36%.

Insider Activity at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were acquired at an average cost of $35.12 per share, with a total value of $175,600.00. Following the completion of the purchase, the chief executive officer owned 22,709 shares of the company’s stock, valued at $797,540.08. The trade was a 28.23% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.00% of the stock is currently owned by corporate insiders.

Institutional Trading of Oxford Industries

A number of institutional investors have recently bought and sold shares of OXM. Hantz Financial Services Inc. lifted its holdings in shares of 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 raised its position in 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 in the last quarter. GAMMA Investing LLC lifted its stake in Oxford Industries by 46.6% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock valued at $32,000 after acquiring an additional 294 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Oxford Industries in the second quarter worth approximately $34,000. Finally, Quarry LP bought a new stake in Oxford Industries in the third quarter worth approximately $38,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Company Profile

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.