Oxford Industries (NYSE:OXM – Get Free Report) had its price objective cut by stock analysts at Citigroup from $36.00 to $33.00 in a research report issued on Friday, Benzinga reports. The firm currently has a “neutral” rating on the textile maker’s stock. Citigroup’s target price would suggest a potential upside of 8.80% from the stock’s current price.
A number of other equities research analysts have also issued reports on OXM. Zacks Research upgraded Oxford Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, May 26th. KeyCorp reaffirmed a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, July 8th. Truist Financial set a $33.00 price objective on Oxford Industries in a research note on Friday. Finally, BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a research note on Friday. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Oxford Industries has an average rating of “Reduce” and an average price target of $37.50.
Get Our Latest Stock Analysis on OXM
Oxford Industries Price Performance
Oxford Industries (NYSE:OXM – Get Free Report) last posted its quarterly earnings data on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.31 by $0.03. Oxford Industries had a negative net margin of 2.65% and a positive return on equity of 4.55%. The business had revenue of $394.38 million for the quarter, compared to the consensus estimate of $394.55 million. During the same period last year, the firm posted $1.26 earnings per share. The company’s revenue was down 2.2% compared to the same quarter last year. 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. Sell-side analysts forecast that Oxford Industries will post 2.5 EPS for the current year.
Insider Activity
In other news, CEO Thomas Chubb, III purchased 2,500 shares of the stock in a transaction dated Friday, June 12th. The stock was acquired at an average cost of $36.90 per share, for a total transaction of $92,250.00. Following the completion of the acquisition, the chief executive officer directly owned 30,200 shares in the company, valued at $1,114,380. This represents a 9.03% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 6.50% of the stock is owned by corporate insiders.
Institutional Trading of Oxford Industries
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH grew its holdings in Oxford Industries by 14.7% in the second quarter. Allianz Asset Management GmbH now owns 329,615 shares of the textile maker’s stock valued at $11,494,000 after purchasing an additional 42,242 shares during the period. California State Teachers Retirement System boosted its position in shares of Oxford Industries by 3,895.4% in the second quarter. California State Teachers Retirement System now owns 544,007 shares of the textile maker’s stock worth $18,970,000 after buying an additional 530,391 shares during the period. Empowered Funds LLC acquired a new stake in Oxford Industries in the second quarter valued at approximately $2,015,000. Public Employees Retirement System of Ohio purchased a new stake in Oxford Industries during the 2nd quarter worth $38,000. Finally, Punch & Associates Investment Management Inc. acquired a new position in shares of Oxford Industries in the second quarter worth about $4,270,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.
Key Oxford Industries News
Here are the key news stories impacting Oxford Industries this week:
- Positive Sentiment: Second-quarter adjusted EPS was $1.34, ahead of the roughly $1.31–$1.32 analyst consensus and up from $1.26 a year earlier. Tommy Bahama sales increased 0.8%, while adjusted gross margin improved to 63.1% from 61.7%. Oxford Industries Surpasses Q2 Earnings and Revenue Estimates
- Positive Sentiment: Cash flow remained strong, with $97 million generated from operations in the first half, and borrowings fell to $73 million from $143 million at the end of the first quarter. The board also declared its regular $0.70 quarterly dividend. Oxford Industries Reports Second-Quarter Sales and GAAP EPS
- Neutral Sentiment: Reported GAAP EPS rose to $3.25 from $1.12, but the comparison benefited substantially from a $42 million tariff refund and related interest. Excluding those items, operating income was $29 million versus $28 million a year earlier.
- Negative Sentiment: Consolidated second-quarter sales declined 2.2% to $394.4 million, with Lilly Pulitzer down 5.6%, Johnny Was down 8.8% and Emerging Brands down 3.7%. Management cited product and marketing issues at Lilly Pulitzer and broader macroeconomic pressure on consumer spending.
- Negative Sentiment: Oxford cut fiscal 2026 adjusted EPS guidance to $1.60–$2.00 from $2.11 last year, below the $2.61 consensus, and reduced sales guidance to $1.43–$1.47 billion. Third-quarter sales are projected at $280–$300 million and adjusted losses at $1.20–$1.40 per share, both weaker than analyst expectations. Oxford Industries Cuts Annual Outlook
- Negative Sentiment: Telsey Advisory lowered its price target to $35 from $44 while maintaining a Market Perform rating, reinforcing concerns about weaker near-term demand and earnings. Telsey Advisory Adjusts Oxford Industries Price Target
Oxford Industries Company Profile
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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