Oxford Industries (NYSE:OXM) Releases Earnings Results, Beats Expectations By $0.12 EPS

Oxford Industries (NYSE:OXM) released its quarterly earnings results on Wednesday. The textile maker reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.12, FiscalAI reports. The firm had revenue of $391.40 million during the quarter, compared to the consensus estimate of $391.76 million. Oxford Industries had a negative net margin of 1.89% and a positive return on equity of 5.68%. Oxford Industries updated its FY 2026 guidance to 2.300-2.700 EPS and its Q2 2026 guidance to 1.200-1.400 EPS.

Oxford Industries Price Performance

Shares of Oxford Industries stock traded up $0.68 on Wednesday, hitting $43.84. 635,656 shares of the company were exchanged, compared to its average volume of 335,337. The company has a quick ratio of 0.48, a current ratio of 1.10 and a debt-to-equity ratio of 0.23. The company has a 50-day moving average price of $42.72 and a 200 day moving average price of $39.27. The stock has a market capitalization of $652.79 million, a price-to-earnings ratio of -22.60 and a beta of 1.03. Oxford Industries has a 1-year low of $30.57 and a 1-year high of $55.76.

Oxford Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 1st. Shareholders of record on Friday, April 17th were paid a $0.70 dividend. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.69. The ex-dividend date of this dividend was Friday, April 17th. This represents a $2.80 dividend on an annualized basis and a yield of 6.4%. Oxford Industries’s dividend payout ratio is -144.33%.

Hedge Funds Weigh In On Oxford Industries

A number of institutional investors have recently added to or reduced their stakes in OXM. Invesco Ltd. boosted its stake in Oxford Industries by 55.4% during the fourth quarter. Invesco Ltd. now owns 170,070 shares of the textile maker’s stock worth $5,816,000 after buying an additional 60,618 shares during the last quarter. XTX Topco Ltd increased its stake in shares of Oxford Industries by 130.3% in the 4th quarter. XTX Topco Ltd now owns 48,730 shares of the textile maker’s stock worth $1,667,000 after acquiring an additional 27,569 shares during the last quarter. Wellington Management Group LLP increased its stake in shares of Oxford Industries by 19.2% in the 4th quarter. Wellington Management Group LLP now owns 292,956 shares of the textile maker’s stock worth $10,019,000 after acquiring an additional 47,274 shares during the last quarter. SummitTX Capital L.P. raised its holdings in shares of Oxford Industries by 52.6% during the 4th quarter. SummitTX Capital L.P. now owns 8,440 shares of the textile maker’s stock worth $289,000 after acquiring an additional 2,908 shares during the period. Finally, Tudor Investment Corp ET AL acquired a new position in shares of Oxford Industries during the 4th quarter valued at about $203,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Truist Financial set a $43.00 price objective on Oxford Industries in a research note on Thursday, June 4th. UBS Group lifted their price target on Oxford Industries from $33.00 to $42.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Zacks Research upgraded Oxford Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. Wall Street Zen raised Oxford Industries from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Finally, Telsey Advisory Group raised their price objective on Oxford Industries from $36.00 to $51.00 and gave the company a “market perform” rating in a report on Wednesday, April 22nd. Six equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Oxford Industries has a consensus rating of “Reduce” and a consensus target price of $42.50.

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.