Oxford Industries (NYSE:OXM – Get Free Report) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday, Zacks reports.
A number of other equities analysts have also weighed in on OXM. Weiss Ratings lowered shares of Oxford Industries from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 16th. BTIG Research reissued a “neutral” rating on shares of Oxford Industries in a report on Monday, October 5th. UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a research report on Wednesday, August 26th. Truist Financial dropped their target price on shares of Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a research report on Friday, September 4th. Finally, Citigroup reduced their price objective on Oxford Industries from $36.00 to $33.00 and set a “neutral” rating on the stock in a research note on Friday, September 4th. Seven research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Oxford Industries currently has a consensus rating of “Reduce” and a consensus price target of $35.25.
Read Our Latest Stock Analysis on Oxford Industries
Oxford Industries Stock Up 8.2%
NYSE:OXM opened at $30.52 on Tuesday. The stock’s fifty day simple moving average is $28.98 and its 200-day simple moving average is $36.64. Oxford Industries has a 12-month low of $24.19 and a 12-month high of $49.58. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $457.14 million, a P/E ratio of -59.84 and a beta of 1.11.
Oxford Industries (NYSE:OXM – Get Free Report) last released its quarterly earnings data on Thursday, September 3rd. The textile maker reported $1.34 EPS for the quarter, topping 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 analysts’ expectations of $394.55 million. During the same period in the previous year, the business posted $1.26 earnings per share. The company’s revenue for the quarter 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. Equities research analysts expect that Oxford Industries will post 1.77 earnings per share for the current year.
Insider Buying and Selling at Oxford Industries
In other Oxford Industries news, EVP K. Grassmyer acquired 1,000 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The shares were acquired at an average price of $29.73 per share, for a total transaction of $29,730.00. Following the completion of the acquisition, the executive vice president directly owned 38,636 shares of the company’s stock, valued at $1,148,648.28. This trade represents a 2.66% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO Thomas Chubb, III bought 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 24th. The shares were acquired at an average cost of $26.15 per share, with a total value of $65,375.00. Following the transaction, the chief executive officer owned 36,200 shares in the company, valued at approximately $946,630. This represents a 7.42% increase in their position. The SEC filing for this purchase provides additional information. Insiders bought a total of 7,000 shares of company stock valued at $203,360 in the last 90 days. Company insiders own 6.50% of the company’s stock.
Institutional Investors Weigh In On Oxford Industries
Hedge funds have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio purchased a new position in Oxford Industries during the 2nd quarter valued at about $38,000. Signaturefd LLC boosted its holdings in Oxford Industries by 33.1% during the third quarter. Signaturefd LLC now owns 1,957 shares of the textile maker’s stock valued at $48,000 after purchasing an additional 487 shares in the last quarter. Meeder Asset Management Inc. acquired a new stake in shares of Oxford Industries during the second quarter worth approximately $81,000. Whittier Trust Co. bought a new stake in Oxford Industries during the 2nd quarter worth about $163,000. Finally, Gables Capital Management Inc. acquired a new position in shares of Oxford Industries during the 2nd quarter worth about $181,000. 91.16% of the stock is currently owned by institutional investors.
Oxford Industries Company Profile
Oxford Industries, Inc is an Atlanta-based apparel and lifestyle company that designs, sources, markets and distributes branded clothing, accessories and related products. Its products are sold through company-operated stores, e-commerce websites, wholesale partners and other distribution channels.
The company’s principal lifestyle brands include Tommy Bahama, which offers resort-inspired apparel, accessories, footwear, home furnishings and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s clothing and accessories; and Johnny Was, a premium women’s apparel and lifestyle brand.
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