Oxford Industries (NYSE:OXM) Trading 5.7% Higher – Here’s Why

Oxford Industries, Inc. (NYSE:OXM) rose 5.7% during trading on Wednesday . The stock traded as high as $38.96 and last traded at $38.88. 213,339 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 370,638 shares. The stock had previously closed at $36.80.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on OXM shares. Truist Financial dropped their price objective on shares of Oxford Industries from $43.00 to $40.00 and set a “hold” rating for the company in a report on Thursday, June 11th. KeyCorp reissued a “sector weight” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Wall Street Zen upgraded shares of Oxford Industries from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Finally, BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a research note 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.com, the stock currently has an average rating of “Reduce” and a consensus price target of $40.00.

Oxford Industries Price Performance

The stock’s 50 day moving average is $37.20 and its two-hundred day moving average is $39.29. The stock has a market capitalization of $578.69 million, a PE ratio of -14.68 and a beta of 1.06. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.17 and a quick ratio of 0.60.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.12. Oxford Industries had a negative net margin of 2.65% and a positive return on equity of 4.55%. The company had revenue of $391.40 million during the quarter, compared to the consensus estimate of $391.76 million. During the same quarter in the previous year, the firm earned $1.82 earnings per share. The firm’s quarterly revenue was down .4% on a year-over-year basis. 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. As a group, sell-side analysts forecast that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Friday, July 17th were paid a dividend of $0.70 per share. The ex-dividend date was Friday, July 17th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 7.2%. Oxford Industries’s payout ratio is presently -106.06%.

Insider Buying and Selling

In other Oxford Industries news, CEO Thomas Caldecot Chubb III bought 2,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were purchased at an average price of $36.90 per share, with a total value of $92,250.00. Following the completion of the acquisition, the chief executive officer directly owned 30,200 shares of the company’s stock, valued at $1,114,380. This represents a 9.03% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 6.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On Oxford Industries

Several large investors have recently modified their holdings of OXM. BlackRock Inc. purchased a new stake in shares of Oxford Industries during the second quarter worth approximately $41,098,000. Charles Schwab Investment Management Inc. grew its position in Oxford Industries by 6.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 754,762 shares of the textile maker’s stock valued at $25,813,000 after buying an additional 45,535 shares during the last quarter. California State Teachers Retirement System increased its stake in Oxford Industries by 3,895.4% in the 2nd quarter. California State Teachers Retirement System now owns 544,007 shares of the textile maker’s stock valued at $18,970,000 after buying an additional 530,391 shares during the period. Arrowstreet Capital Limited Partnership raised its position in Oxford Industries by 7.3% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 471,502 shares of the textile maker’s stock worth $19,115,000 after buying an additional 32,226 shares during the last quarter. Finally, Bank of America Corp DE lifted its stake in shares of Oxford Industries by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock worth $17,804,000 after acquiring an additional 14,103 shares during the period. Hedge funds and other institutional investors own 91.16% 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.