Oxford Industries (NYSE:OXM) Trading Down 7.5% – Should You Sell?

Oxford Industries, Inc. (NYSE:OXMGet Free Report) shares fell 7.5% on Tuesday . The stock traded as low as $37.37 and last traded at $37.6150. 246,727 shares changed hands during trading, a decline of 45% from the average session volume of 446,321 shares. The stock had previously closed at $40.66.

Wall Street Analyst Weigh In

OXM has been the subject of several analyst reports. Telsey Advisory Group upped 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. Zacks Research lowered Oxford Industries from a “hold” rating to a “strong sell” rating in a report on Friday, December 12th. Citigroup cut their price target on Oxford Industries from $35.00 to $33.00 and set a “neutral” rating for the company in a research note on Friday, December 12th. Truist Financial set a $38.00 price objective on shares of Oxford Industries in a research report on Wednesday, January 14th. Finally, Wall Street Zen cut shares of Oxford Industries from a “hold” rating to a “sell” rating in a research note on Saturday, December 20th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $45.40.

Read Our Latest Research Report on OXM

Oxford Industries Price Performance

The stock has a market cap of $562.07 million, a price-to-earnings ratio of -114.48 and a beta of 1.08. The company’s 50 day moving average is $36.80 and its 200 day moving average is $40.02. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.33 and a quick ratio of 0.62.

Oxford Industries (NYSE:OXMGet Free Report) last issued its earnings results on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.95) by $0.03. The company had revenue of $307.34 million during 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%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same period last year, the company 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. Research analysts forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Friday, January 16th will be given a $0.69 dividend. The ex-dividend date is Friday, January 16th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 7.3%. Oxford Industries’s dividend payout ratio (DPR) is currently -836.36%.

Insider Activity

In other Oxford Industries news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were acquired at an average cost of $35.12 per share, for a total transaction of $175,600.00. Following the transaction, the chief executive officer directly owned 22,709 shares of the company’s stock, valued at approximately $797,540.08. This represents a 28.23% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 6.00% of the stock is owned by company insiders.

Hedge Funds Weigh In On Oxford Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisors Asset Management Inc. lifted its holdings in Oxford Industries by 6.1% during the 2nd quarter. Advisors Asset Management Inc. now owns 4,169 shares of the textile maker’s stock worth $168,000 after buying an additional 241 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Oxford Industries by 3.0% in the 2nd quarter. Cerity Partners LLC now owns 9,914 shares of the textile maker’s stock worth $399,000 after acquiring an additional 286 shares during the period. GAMMA Investing LLC raised its holdings in shares of Oxford Industries by 46.6% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the textile maker’s stock valued at $32,000 after buying an additional 294 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Oxford Industries by 9.0% in the second quarter. PNC Financial Services Group Inc. now owns 3,628 shares of the textile maker’s stock worth $146,000 after purchasing an additional 300 shares in the last quarter. Finally, Signaturefd LLC grew its position in Oxford Industries by 28.1% in the 4th quarter. Signaturefd LLC now owns 1,368 shares of the textile maker’s stock valued at $47,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

About Oxford Industries

(Get Free Report)

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.

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