Oxford Industries (NYSE:OXM) Stock Rating Reaffirmed as Neutral by BTIG Research

Key Points

• BTIG Research reaffirmed its “neutral” rating on Oxford Industries, while the broader analyst consensus is “Reduce,” with an average price target of $35.25.
• Oxford Industries reported quarterly EPS of $1.34, slightly above expectations of $1.31, but revenue declined 2.2% year over year to $394.38 million.
• The stock opened at $25.00, near its 52-week low of $24.19, while company insiders purchased 7,000 shares worth approximately $203,360 during the past quarter.

Oxford Industries (NYSE:OXM - Get Free Report)'s stock had its "neutral" rating reiterated by equities research analysts at BTIG Research in a research note issued to investors on Monday, Benzinga reports.

OXM has been the subject of a number of other reports. Telsey Advisory Group lowered their price target on Oxford Industries from $44.00 to $35.00 and set a "market perform" rating for the company in a research report on Friday, September 4th. UBS Group reaffirmed a "neutral" rating on shares of Oxford Industries in a report on Wednesday, August 26th. Truist Financial reduced their target price on shares of Oxford Industries from $40.00 to $33.00 and set a "hold" rating for the company in a research note on Friday, September 4th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Oxford Industries in a report on Wednesday, July 8th. Finally, KeyCorp reissued a "sector weight" rating on shares of Oxford Industries in a research report on Thursday, June 11th. Six equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Oxford Industries currently has a consensus rating of "Reduce" and an average price target of $35.25.

Oxford Industries Trading Up 0.3%

OXM opened at $25.00 on Monday. Oxford Industries has a fifty-two week low of $24.19 and a fifty-two week high of $49.58. The firm has a market capitalization of $374.57 million, a PE ratio of -49.03 and a beta of 1.13. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.17 and a quick ratio of 0.56. The company's 50-day moving average is $33.61 and its 200 day moving average is $37.68.

Oxford Industries (NYSE:OXM - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.31 by $0.03. The business had revenue of $394.38 million during the quarter, compared to the consensus estimate of $394.55 million. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The company's quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 EPS. 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. As a group, research analysts predict that Oxford Industries will post 1.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Oxford Industries news, CEO Thomas Chubb, III acquired 2,500 shares of the business's stock in a transaction on Thursday, September 24th. The shares were acquired at an average price of $26.15 per share, with a total value of $65,375.00. Following the completion of the transaction, the chief executive officer owned 36,200 shares in the company, valued at approximately $946,630. This trade represents a 7.42% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP K. Grassmyer acquired 1,000 shares of Oxford Industries stock in a transaction on Tuesday, September 15th. The stock was acquired at an average price of $29.73 per share, with a total value of $29,730.00. Following the purchase, the executive vice president directly owned 38,636 shares in the company, valued at approximately $1,148,648.28. This trade represents a 2.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased 7,000 shares of company stock worth $203,360 over the last quarter. 6.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Oxford Industries

Several institutional investors have recently added to or reduced their stakes in OXM. Bank of America Corp DE bought a new position in shares of Oxford Industries during the 2nd quarter valued at approximately $14,625,000. BlackRock Inc. purchased a new stake in shares of Oxford Industries during the 2nd quarter worth approximately $41,098,000. Punch & Associates Investment Management Inc. bought a new stake in shares of Oxford Industries in the 2nd quarter worth approximately $4,270,000. Heartland Advisors Inc. raised its holdings in shares of Oxford Industries by 40.7% in the 1st quarter. Heartland Advisors Inc. now owns 211,093 shares of the textile maker's stock worth $8,129,000 after purchasing an additional 61,093 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Oxford Industries in the second quarter valued at approximately $2,048,000. Institutional investors own 91.16% of the company's stock.

Oxford Industries Company Profile

Oxford Industries, Inc is an apparel and lifestyle products company headquartered in Atlanta, Georgia. Founded in 1942, the company designs, sources, markets and distributes branded clothing, accessories and related products for women, men and children.

Its portfolio includes Tommy Bahama, a resort-inspired lifestyle brand; Lilly Pulitzer, known for colorful women's, children's and home products; Southern Tide, a casual lifestyle brand; and Johnny Was, which offers women's apparel and accessories.

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