BlackRock Inc. Purchases New Position in Oxford Industries, Inc. $OXM

Key Points

• BlackRock acquired a 7.89% stake in Oxford Industries during the second quarter, purchasing 1.18 million shares valued at approximately $41.1 million. Institutional investors collectively own 91.16% of the company.
• Analyst sentiment remains cautious, with seven analysts rating the stock Hold and one rating it Sell. The consensus rating is “Reduce,” with an average price target of $40, close to the stock’s reported $38.11 opening price.
• Oxford Industries exceeded quarterly EPS expectations, reporting $1.39 versus the $1.27 consensus, though revenue declined 0.4% year over year and net margins remained negative. The company also declared a quarterly dividend of $0.70, implying a 7.3% annualized yield.

BlackRock Inc. acquired a new stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,178,604 shares of the textile maker's stock, valued at approximately $41,098,000. BlackRock Inc. owned 7.89% of Oxford Industries at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Heartland Advisors Inc. increased its stake in shares of Oxford Industries by 40.7% during the first 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 in the last quarter. Bank of America Corp DE boosted its holdings in Oxford Industries by 21.8% in the 1st 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. Punch & Associates Investment Management Inc. acquired a new stake in Oxford Industries in the 1st quarter worth about $4,754,000. Deprince Race & Zollo Inc. purchased a new stake in Oxford Industries during the 1st quarter worth approximately $4,658,000. Finally, Versor Investments LP acquired a new position in shares of Oxford Industries during the fourth quarter valued at approximately $492,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on OXM shares. Wall Street Zen upgraded shares of Oxford Industries from a "sell" rating to a "hold" rating in a research report on Saturday, May 30th. Weiss Ratings restated a "sell (d+)" rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Telsey Advisory Group reduced their price objective on Oxford Industries from $51.00 to $44.00 and set a "market perform" rating on the stock in a research report on Thursday, June 11th. UBS Group restated a "neutral" rating on shares of Oxford Industries in a report on Wednesday, August 26th. Finally, BTIG Research reiterated a "neutral" rating on shares of Oxford Industries in a report on Thursday, June 11th. Seven equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $40.00.

Insider Activity at Oxford Industries

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

Oxford Industries Stock Performance

Shares of Oxford Industries stock opened at $38.11 on Tuesday. Oxford Industries, Inc. has a 52 week low of $30.57 and a 52 week high of $51.61. The business's fifty day simple moving average is $37.34 and its 200-day simple moving average is $39.25. The firm has a market cap of $568.98 million, a PE ratio of -14.44 and a beta of 1.06. The company has a quick ratio of 0.60, a current ratio of 1.17 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its quarterly earnings data 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. The firm had revenue of $391.40 million during the quarter, compared to the consensus estimate of $391.76 million. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The company's quarterly revenue was down .4% on a year-over-year basis. During the same period last year, the company 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. Equities analysts forecast that Oxford Industries, Inc. will post 2.5 earnings per share for the current year.

Oxford Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 17th were given a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 7.3%. The ex-dividend date of this dividend was Friday, July 17th. Oxford Industries's dividend payout ratio (DPR) is currently -106.06%.

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.

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