Oxford Industries (NYSE:OXM – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued on Tuesday, Zacks reports.
A number of other equities analysts have also weighed in on the company. Citigroup lowered their target price on Oxford Industries from $36.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, September 4th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Telsey Advisory Group decreased their price target on shares of Oxford Industries from $44.00 to $35.00 and set a “market perform” rating for the company in a research note on Friday, September 4th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a report on Thursday, June 11th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, July 8th. Six equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Oxford Industries currently has an average rating of “Reduce” and an average price target of $35.25.
Check Out Our Latest Stock Report on OXM
Oxford Industries Stock Performance
Oxford Industries (NYSE:OXM – Get Free Report) last issued its earnings results on Thursday, September 3rd. The textile maker reported $1.34 EPS for the quarter, beating 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 business had revenue of $394.38 million during the quarter, compared to analyst estimates of $394.55 million. During the same period in the previous year, the company posted $1.26 EPS. The firm’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, equities research analysts predict that Oxford Industries will post 1.77 EPS for the current fiscal year.
Insiders Place Their Bets
In other Oxford Industries news, CEO Thomas Chubb, III acquired 3,500 shares of Oxford Industries stock in a transaction on Wednesday, September 9th. The stock was purchased at an average price of $30.93 per share, for a total transaction of $108,255.00. Following the purchase, the chief executive officer directly owned 33,700 shares of the company’s stock, valued at $1,042,341. This trade represents a 11.59% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 6.50% of the company’s stock.
Institutional Investors Weigh In On Oxford Industries
A number of hedge funds have recently made changes to their positions in the business. Public Employees Retirement System of Ohio bought a new position in Oxford Industries during the second quarter valued at about $38,000. Quarry LP purchased a new position in Oxford Industries in the third quarter valued at about $38,000. BNP Paribas Financial Markets boosted its stake in Oxford Industries by 44.8% in the second quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock valued at $61,000 after acquiring an additional 466 shares during the last quarter. Tower Research Capital LLC TRC grew its position in shares of Oxford Industries by 127.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker’s stock valued at $73,000 after acquiring an additional 1,014 shares during the period. Finally, Meeder Asset Management Inc. bought a new position in shares of Oxford Industries during the 2nd quarter valued at approximately $81,000. 91.16% of the stock is currently owned by institutional investors.
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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