Oxford Industries’ (OXM) “Market Perform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group restated their market perform rating on shares of Oxford Industries (NYSE:OXM) in a research report report published on Thursday morning,Benzinga reports. The brokerage currently has a $52.00 price target on the textile maker’s stock. Telsey Advisory Group also issued estimates for Oxford Industries’ Q1 2027 earnings at $2.01 EPS.

Several other brokerages have also weighed in on OXM. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research report on Friday, March 28th. Citigroup dropped their target price on Oxford Industries from $52.00 to $47.00 and set a “sell” rating on the stock in a research report on Monday, April 7th. UBS Group lowered their price objective on Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a report on Friday, March 28th. Finally, Truist Financial started coverage on Oxford Industries in a report on Wednesday, May 28th. They set a “hold” rating and a $56.00 price objective on the stock. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $58.20.

Oxford Industries Stock Performance

Shares of OXM stock opened at $54.87 on Thursday. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.42 and a quick ratio of 0.71. Oxford Industries has a fifty-two week low of $42.12 and a fifty-two week high of $108.51. The stock’s 50-day moving average is $52.30 and its two-hundred day moving average is $67.09. The firm has a market cap of $815.69 million, a P/E ratio of 61.66 and a beta of 1.45.

Oxford Industries (NYSE:OXM) last issued its earnings results on Thursday, March 27th. The textile maker reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The company had revenue of $390.51 million for the quarter, compared to analyst estimates of $383.94 million. During the same period in the prior year, the firm posted $1.90 EPS. The business’s revenue was down 3.4% compared to the same quarter last year. Analysts predict that Oxford Industries will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 2nd. Stockholders of record on Thursday, April 17th were issued a dividend of $0.69 per share. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.67. The ex-dividend date was Thursday, April 17th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 5.03%. Oxford Industries’s dividend payout ratio is currently 47.02%.

Insider Activity

In other Oxford Industries news, Director Milford W. Mcguirt bought 1,000 shares of the stock in a transaction on Wednesday, April 2nd. The shares were purchased at an average price of $58.70 per share, with a total value of $58,700.00. Following the acquisition, the director now directly owns 7,180 shares of the company’s stock, valued at $421,466. This represents a 16.18% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 6.00% of the stock is currently owned by insiders.

Institutional Trading of Oxford Industries

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quadrant Capital Group LLC grew its holdings in Oxford Industries by 981.6% in the 4th quarter. Quadrant Capital Group LLC now owns 411 shares of the textile maker’s stock valued at $32,000 after buying an additional 373 shares during the last quarter. Blue Trust Inc. grew its holdings in Oxford Industries by 27.6% in the 4th quarter. Blue Trust Inc. now owns 739 shares of the textile maker’s stock valued at $64,000 after buying an additional 160 shares during the last quarter. Venturi Wealth Management LLC acquired a new stake in Oxford Industries in the 4th quarter valued at approximately $63,000. Vestcor Inc acquired a new stake in Oxford Industries in the 4th quarter valued at approximately $100,000. Finally, Truvestments Capital LLC grew its holdings in Oxford Industries by 15.6% in the 4th quarter. Truvestments Capital LLC now owns 2,411 shares of the textile maker’s stock valued at $190,000 after buying an additional 326 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company’s stock.

About Oxford Industries

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.