Oxford Industries (NYSE:OXM) Downgraded by Zacks Research to Strong Sell

Zacks Research lowered shares of Oxford Industries (NYSE:OXM) from a hold rating to a strong sell rating in a research report report published on Tuesday morning,Zacks reports.

Other equities research analysts have also issued research reports about the company. Telsey Advisory Group dropped their price target on Oxford Industries from $44.00 to $35.00 and set a “market perform” rating on the stock in a research note on Friday, September 4th. UBS Group reaffirmed a “neutral” rating on shares of Oxford Industries in a report on Wednesday, August 26th. Wall Street Zen upgraded Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a report on Friday, September 4th. Six 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 stock presently has a consensus rating of “Reduce” and an average target price of $35.25.

Oxford Industries Stock Performance

Oxford Industries stock opened at $30.70 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56. The firm has a market capitalization of $459.87 million, a P/E ratio of -60.19 and a beta of 1.06. Oxford Industries has a 1-year low of $28.20 and a 1-year high of $51.61. The company’s 50-day moving average is $37.06 and its 200 day moving average is $39.00.

Oxford Industries (NYSE:OXM) last issued its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.31 by $0.03. Oxford Industries had a negative net margin of 0.46% and a positive return on equity of 4.88%. The firm had revenue of $394.38 million during the quarter, compared to analyst estimates of $394.55 million. During the same period in the previous year, the firm earned $1.26 earnings per share. The business’s revenue was down 2.2% on a year-over-year basis. Oxford Industries has set its Q3 2026 guidance at -1.400–1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. Research analysts forecast that Oxford Industries will post 1.77 EPS for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, October 16th. Oxford Industries’s dividend payout ratio is presently -549.02%.

Insider Buying and Selling at Oxford Industries

In other news, CEO Thomas Chubb, III acquired 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, September 9th. The stock was purchased at an average price of $30.93 per share, with a total value of $108,255.00. Following the completion of the acquisition, the chief executive officer owned 33,700 shares of the company’s stock, valued at $1,042,341. This trade represents a 11.59% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 6.50% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. AQR Capital Management LLC raised its position in Oxford Industries by 33.9% in the first quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock valued at $381,000 after purchasing an additional 1,643 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Oxford Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock worth $517,000 after purchasing an additional 387 shares during the last quarter. Millennium Management LLC raised its holdings in Oxford Industries by 311.9% in the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock valued at $17,213,000 after buying an additional 222,150 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in 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 buying an additional 5,577 shares during the period. Finally, Norges Bank acquired a new position in Oxford Industries in the second quarter valued at about $369,000. 91.16% of the stock is currently owned by hedge funds and other 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.