Oxford Industries (NYSE:OXM) Shares Gap Down – Should You Sell?

Oxford Industries, Inc. (NYSE:OXM) shares 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.

Wall Street Analyst Weigh In

Several research analysts have weighed in on OXM shares. Telsey Advisory Group reduced their target price on Oxford Industries from $52.00 to $35.00 and set a “market perform” rating on the stock in a report on Thursday, December 11th. Zacks Research cut Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Friday, December 12th. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, December 11th. Citigroup dropped their target price on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a report on Friday, December 12th. Finally, UBS Group lifted their price target on shares of Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday. Five research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $43.80.

Oxford Industries Price Performance

The company’s fifty day moving average is $36.39 and its 200 day moving average is $40.05. The firm has a market cap of $567.61 million, a price-to-earnings ratio of -115.59 and a beta of 1.08. The company has a quick ratio of 0.62, a current ratio of 1.33 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.03. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. The firm had revenue of $307.34 million for the quarter, compared to analyst estimates of $304.42 million. During the same period in the previous year, the business earned ($0.11) EPS. The company’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. On average, equities research analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.2%. Oxford Industries’s dividend payout ratio is -836.36%.

Insiders Place Their Bets

In related news, CEO Thomas Caldecot Chubb III purchased 5,000 shares of the stock in a transaction on Friday, December 12th. The shares were purchased at an average price of $35.12 per share, with a total value of $175,600.00. Following 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 6.00% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

Hedge funds and other institutional investors have recently made changes to their positions in the company. AQR Capital Management LLC increased its holdings in Oxford Industries by 33.9% during the first quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock worth $381,000 after buying an additional 1,643 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Oxford Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock valued at $517,000 after acquiring an additional 387 shares during the period. Millennium Management LLC increased its stake in shares of Oxford Industries by 311.9% during the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock worth $17,213,000 after purchasing an additional 222,150 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Oxford Industries by 22.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,906 shares of the textile maker’s stock valued at $1,755,000 after purchasing an additional 5,577 shares during the period. Finally, Inspire Investing LLC raised its holdings in shares of Oxford Industries by 16.1% in the 1st quarter. Inspire Investing LLC now owns 5,907 shares of the textile maker’s stock valued at $347,000 after purchasing an additional 818 shares during the period. 91.16% of the stock is owned by institutional investors.

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.