Insider Buying: Oxford Industries (NYSE:OXM) EVP Acquires 1,000 Shares

Oxford Industries, Inc. (NYSE:OXMGet Free Report) EVP K. Grassmyer acquired 1,000 shares of Oxford Industries stock in a transaction dated Tuesday, September 15th. The stock was purchased at an average cost of $29.73 per share, for a total transaction of $29,730.00. Following the completion of the purchase, the executive vice president owned 38,636 shares in the company, valued at approximately $1,148,648.28. The trade was a 2.66% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Oxford Industries Trading Down 3.7%

Shares of OXM traded down $1.13 during trading hours on Tuesday, hitting $29.66. 498,341 shares of the stock were exchanged, compared to its average volume of 388,680. Oxford Industries, Inc. has a fifty-two week low of $28.20 and a fifty-two week high of $49.58. The business has a 50-day moving average of $36.84 and a 200-day moving average of $38.80. The firm has a market capitalization of $444.28 million, a P/E ratio of -58.16 and a beta of 1.06. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56.

Oxford Industries (NYSE:OXMGet Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, topping analysts’ consensus estimates of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The firm had revenue of $394.38 million during the quarter, compared to the consensus estimate of $394.55 million. During the same period last year, the business posted $1.26 EPS. The business’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. On average, research analysts expect that Oxford Industries, Inc. will post 1.77 EPS for the current year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be paid a $0.70 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $2.80 annualized dividend and a yield of 9.4%. Oxford Industries’s payout ratio is -549.02%.

Analyst Ratings Changes

A number of research firms recently issued reports on OXM. UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a research report on Wednesday, August 26th. Telsey Advisory Group cut their price objective on shares of Oxford Industries from $44.00 to $35.00 and set a “market perform” rating on the stock in a research report on Friday, September 4th. Zacks Research downgraded Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Tuesday, September 8th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, July 8th. Finally, BTIG Research reissued a “neutral” rating on shares of Oxford Industries in a research note on Friday, September 4th. Six equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Oxford Industries currently has a consensus rating of “Reduce” and a consensus price target of $35.25.

Check Out Our Latest Analysis on Oxford Industries

Hedge Funds Weigh In On Oxford Industries

Hedge funds have recently added to or reduced their stakes in the stock. Heartland Advisors Inc. lifted its position in shares of Oxford Industries by 40.7% during the first quarter. Heartland Advisors Inc. now owns 211,093 shares of the textile maker’s stock valued at $8,129,000 after purchasing an additional 61,093 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Oxford Industries in the 2nd quarter worth approximately $41,098,000. Punch & Associates Investment Management Inc. bought a new position in shares of Oxford Industries in the second quarter valued at approximately $4,270,000. Bank of America Corp DE grew its holdings in shares of Oxford Industries by 21.8% in the first quarter. Bank of America Corp DE now owns 407,094 shares of the textile maker’s stock valued at $15,677,000 after acquiring an additional 72,999 shares in the last quarter. Finally, Deprince Race & Zollo Inc. purchased a new stake in shares of Oxford Industries during the first quarter valued at approximately $4,658,000. Institutional investors and hedge funds own 91.16% of the company’s stock.

Oxford Industries Company Profile

(Get Free Report)

Oxford Industries, Inc is an apparel and lifestyle company headquartered in Atlanta, Georgia. Founded in 1942 as a manufacturer of dress shirts, the company has expanded into a portfolio of premium lifestyle brands serving customers through retail stores, e-commerce platforms, wholesale distribution and other channels.

Its principal brands include Tommy Bahama, a resort-inspired lifestyle brand offering apparel, accessories, home furnishings, restaurants and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s apparel, accessories and home products; and Johnny Was, which specializes in distinctive women’s apparel and accessories.

Featured Articles

Receive News & Ratings for Oxford Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oxford Industries and related companies with MarketBeat.com's FREE daily email newsletter.