TrueMark Investments LLC Buys Shares of 132,149 Oxford Industries, Inc. $OXM

TrueMark Investments LLC bought a new stake in shares of Oxford Industries, Inc. (NYSE:OXM) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 132,149 shares of the textile maker’s stock, valued at approximately $5,319,000. Oxford Industries comprises 1.1% of TrueMark Investments LLC’s investment portfolio, making the stock its 19th largest holding. TrueMark Investments LLC owned approximately 0.88% of Oxford Industries at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in Oxford Industries by 124.8% during the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock valued at $58,000 after purchasing an additional 804 shares during the last quarter. GAMMA Investing LLC boosted its stake in Oxford Industries by 406.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker’s stock valued at $84,000 after purchasing an additional 1,681 shares during the last quarter. State of Wyoming boosted its stake in Oxford Industries by 159.4% during the 1st quarter. State of Wyoming now owns 2,511 shares of the textile maker’s stock valued at $147,000 after purchasing an additional 1,543 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Oxford Industries by 5.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock valued at $195,000 after purchasing an additional 185 shares during the last quarter. Finally, AlphaQuest LLC boosted its stake in Oxford Industries by 22.3% during the 1st quarter. AlphaQuest LLC now owns 3,604 shares of the textile maker’s stock valued at $211,000 after purchasing an additional 657 shares during the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Industries Price Performance

NYSE OXM opened at $38.01 on Friday. The company has a market capitalization of $565.27 million, a PE ratio of 10.27 and a beta of 1.29. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18. The business’s fifty day moving average is $42.61 and its 200 day moving average is $45.83. Oxford Industries, Inc. has a fifty-two week low of $35.59 and a fifty-two week high of $89.86.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.05. The company had revenue of $403.10 million for the quarter, compared to the consensus estimate of $406.14 million. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.Oxford Industries’s quarterly revenue was down 4.0% compared to the same quarter last year. During the same period in the previous year, the business earned $2.77 earnings per share. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. Sell-side analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be issued a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 dividend on an annualized basis and a yield of 7.3%. Oxford Industries’s dividend payout ratio (DPR) is currently 74.59%.

Wall Street Analysts Forecast Growth

Several analysts have commented on OXM shares. Truist Financial increased their target price on Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, September 11th. UBS Group dropped their price target on Oxford Industries from $48.00 to $46.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 27th. Zacks Research downgraded Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, September 12th. Telsey Advisory Group restated a “market perform” rating and issued a $52.00 price target on shares of Oxford Industries in a research note on Thursday, September 11th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Four analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $54.40.

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.