Punch & Associates Investment Management Inc. Takes Position in Oxford Industries, Inc. $OXM

Punch & Associates Investment Management Inc. purchased a new position in shares of Oxford Industries, Inc. (NYSE:OXM) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 123,440 shares of the textile maker’s stock, valued at approximately $4,754,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in Oxford Industries by 33.9% during the 1st quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock valued at $381,000 after acquiring an additional 1,643 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Oxford Industries by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock worth $517,000 after purchasing an additional 387 shares during the last quarter. Millennium Management LLC increased its position in shares of Oxford Industries by 311.9% in the 1st quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock worth $17,213,000 after purchasing an additional 222,150 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of Oxford Industries by 22.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,906 shares of the textile maker’s stock valued at $1,755,000 after purchasing an additional 5,577 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Oxford Industries in the 2nd quarter valued at about $369,000. Institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on OXM shares. Citigroup increased their price target on shares of Oxford Industries from $34.00 to $36.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 16th. Truist Financial cut their price objective on Oxford Industries from $43.00 to $40.00 and set a “hold” rating on the stock in a research note on Thursday, June 11th. UBS Group set a $40.00 price objective on Oxford Industries in a research note on Friday, June 12th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, July 8th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $40.00.

Oxford Industries Trading Up 0.9%

Oxford Industries stock opened at $38.53 on Friday. Oxford Industries, Inc. has a 1 year low of $30.57 and a 1 year high of $51.61. The firm’s 50-day moving average is $39.24 and its 200-day moving average is $39.40. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 1.17. The company has a market cap of $575.19 million, a P/E ratio of -14.59 and a beta of 1.06.

Oxford Industries (NYSE:OXM) last announced its quarterly earnings data on Wednesday, June 10th. The textile maker reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.12. The business had revenue of $391.40 million during the quarter, compared to the consensus estimate of $391.76 million. Oxford Industries had a negative net margin of 2.65% and a positive return on equity of 4.55%. The company’s revenue for the quarter was down .4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.82 EPS. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. On average, equities analysts expect that Oxford Industries, Inc. will post 2.5 earnings per share for the current year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be issued a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, July 17th. This represents a $2.80 annualized dividend and a dividend yield of 7.3%. Oxford Industries’s dividend payout ratio is -106.06%.

Insider Activity at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III bought 2,500 shares of the stock in a transaction dated Friday, June 12th. The stock was bought at an average cost of $36.90 per share, with a total value of $92,250.00. Following the completion of the acquisition, the chief executive officer owned 30,200 shares of the company’s stock, valued at $1,114,380. This trade represents a 9.03% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 6.50% of the company’s stock.

About Oxford Industries

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.