Oxford Industries, Inc. (NYSE:OXM) Given Consensus Rating of "Reduce" by Brokerages

Key Points

• Analysts maintain a cautious outlook: Oxford Industries has a consensus “Reduce” rating, with two sell ratings and six holds. The average 12-month price target is $35.25, below several previous targets.
• The stock opened at $28.43, near its 12-month low of $28.20, after declining revenue and a negative net margin. Quarterly EPS of $1.34 slightly exceeded analyst expectations, while revenue of $394.38 million was essentially in line with forecasts.
• Oxford Industries declared a quarterly dividend of $0.70 per share, equivalent to a 9.8% annualized yield, and company insiders recently purchased shares. However, the reported payout ratio is highly negative at -549.02%.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) has been given an average rating of "Reduce" by the eight analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $35.25.

A number of research analysts recently commented on the stock. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Oxford Industries in a research report on Wednesday, July 8th. BTIG Research reissued a "neutral" rating on shares of Oxford Industries in a research note on Friday, September 4th. UBS Group restated a "neutral" rating on shares of Oxford Industries in a report on Wednesday, August 26th. Wall Street Zen raised shares of Oxford Industries from a "sell" rating to a "hold" rating in a research note on Saturday, May 30th. Finally, Telsey Advisory Group cut their price objective on Oxford Industries from $44.00 to $35.00 and set a "market perform" rating for the company in a report on Friday, September 4th.

Oxford Industries Price Performance

OXM opened at $28.43 on Friday. The firm has a market capitalization of $425.90 million, a P/E ratio of -55.75 and a beta of 1.06. The stock has a fifty day moving average of $36.25 and a 200-day moving average of $38.50. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. Oxford Industries has a 12-month low of $28.20 and a 12-month high of $49.58.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, beating analysts' consensus estimates of $1.31 by $0.03. The business had revenue of $394.38 million for 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%.Oxford Industries's revenue for the quarter was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 earnings per share. 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. Equities analysts forecast that Oxford Industries will post 1.77 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be paid a dividend of $0.70 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 9.8%. Oxford Industries's dividend payout ratio (DPR) is -549.02%.

Insider Activity

In other news, CEO Thomas Chubb, III purchased 3,500 shares of Oxford Industries stock in a transaction dated Wednesday, September 9th. The stock was acquired at an average cost of $30.93 per share, for a total transaction of $108,255.00. Following the acquisition, the chief executive officer directly owned 33,700 shares in the company, valued at $1,042,341. This represents a 11.59% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, EVP K. Grassmyer purchased 1,000 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was purchased at an average cost of $29.73 per share, with a total value of $29,730.00. Following the purchase, the executive vice president owned 38,636 shares in the company, valued at $1,148,648.28. This represents a 2.66% increase in their position. The SEC filing for this purchase provides additional information. 6.50% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Heartland Advisors Inc. lifted its stake 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 valued at $8,129,000 after purchasing an additional 61,093 shares during the last quarter. Punch & Associates Investment Management Inc. bought a new position in Oxford Industries during the second quarter valued at about $4,270,000. BlackRock Inc. acquired a new stake in shares of Oxford Industries in the second quarter worth about $41,098,000. Bank of America Corp DE lifted its position 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 worth $15,677,000 after buying an additional 72,999 shares during the last quarter. Finally, Deprince Race & Zollo Inc. bought a new stake in shares of Oxford Industries during the 1st quarter worth about $4,658,000. Institutional investors and hedge funds own 91.16% of the company's stock.

Oxford Industries Company Profile

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.

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