Ceredex Value Advisors LLC Grows Holdings in Oxford Industries, Inc. $OXM

Key Points

• Ceredex Value Advisors LLC increased its holdings in Oxford Industries, Inc. by 10% in Q1, now owning approximately 0.83% of the company, valued at $7.23 million.
• Several institutional investors, including US Bancorp DE, boosted their stakes in Oxford Industries during the first quarter, leading to institutional ownership of 91.16% of the company.
• Oxford Industries reported $1.82 EPS in its most recent earnings, matched consensus estimates, while also announcing a dividend of $0.69 per share with a yield of 6.0%.

Ceredex Value Advisors LLC lifted its position in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 10.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 123,200 shares of the textile maker's stock after buying an additional 11,200 shares during the quarter. Ceredex Value Advisors LLC owned approximately 0.83% of Oxford Industries worth $7,228,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. PNC Financial Services Group Inc. boosted its position in Oxford Industries by 5.9% during the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker's stock worth $195,000 after acquiring an additional 185 shares during the last quarter. AlphaQuest LLC lifted its stake in shares of Oxford Industries by 22.3% during the 1st quarter. AlphaQuest LLC now owns 3,604 shares of the textile maker's stock worth $211,000 after purchasing an additional 657 shares during the period. Brevan Howard Capital Management LP acquired a new stake in shares of Oxford Industries during the fourth quarter worth $213,000. Blueshift Asset Management LLC purchased a new stake in shares of Oxford Industries in the first quarter valued at $261,000. Finally, US Bancorp DE increased its stake in Oxford Industries by 67.2% in the first quarter. US Bancorp DE now owns 5,290 shares of the textile maker's stock valued at $310,000 after purchasing an additional 2,127 shares during the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on OXM shares. Zacks Research raised Oxford Industries to a "hold" rating in a research note on Monday, August 11th. UBS Group raised their target price on shares of Oxford Industries from $54.00 to $56.00 and gave the stock a "neutral" rating in a research report on Thursday, June 5th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $52.00 price target on shares of Oxford Industries in a research report on Thursday, June 12th. Truist Financial cut their price target on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating on the stock in a research note on Thursday, June 12th. Finally, Citigroup lowered their price objective on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research note on Thursday, June 12th. Five research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Reduce" and a consensus price target of $55.80.

Oxford Industries Price Performance

Oxford Industries stock opened at $45.78 on Wednesday. Oxford Industries, Inc. has a 52-week low of $36.25 and a 52-week high of $89.86. The firm has a fifty day moving average of $42.53 and a 200-day moving average of $51.75. The firm has a market capitalization of $683.68 million, a P/E ratio of 8.89 and a beta of 1.38. The company has a quick ratio of 0.64, a current ratio of 1.32 and a debt-to-equity ratio of 0.20.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share for the quarter, meeting the consensus estimate of $1.82. Oxford Industries had a net margin of 5.35% and a return on equity of 14.97%. The business had revenue of $392.86 million for the quarter, compared to analyst estimates of $383.54 million. During the same quarter in the previous year, the business posted $2.66 EPS. The business's quarterly revenue was down 1.3% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q2 2025 guidance at 1.050-1.250 EPS. As a group, analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 1st. Stockholders of record on Friday, July 18th were paid a $0.69 dividend. The ex-dividend date was Friday, July 18th. This represents a $2.76 dividend on an annualized basis and a dividend yield of 6.0%. Oxford Industries's dividend payout ratio (DPR) is 53.59%.

Insider Activity

In other news, CEO Robert S. Trauber acquired 10,000 shares of the stock in a transaction on Wednesday, June 18th. The stock was bought at an average price of $41.38 per share, with a total value of $413,800.00. Following the completion of the transaction, the chief executive officer directly owned 13,364 shares of the company's stock, valued at $553,002.32. The trade was a 297.27% 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, CEO Thomas Caldecot Chubb III acquired 6,500 shares of the company's stock in a transaction dated Monday, June 16th. The shares were purchased at an average price of $40.12 per share, for a total transaction of $260,780.00. Following the purchase, the chief executive officer directly owned 59,063 shares of the company's stock, valued at approximately $2,369,607.56. This trade represents a 12.37% increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last quarter, insiders have purchased 16,818 shares of company stock worth $686,724. Company insiders own 6.00% of the company's stock.

Oxford Industries Profile

Oxford Industries, Inc, an apparel company, designs, sources, markets, and distributes products of lifestyle and other brands worldwide. The company offers men's and women's sportswear and related products under the Tommy Bahama brand; and women's and girl's dresses and sportswear, scarves, bags, jewelry, and belts, as well as children's apparel, swim, footwear, and licensed products under the Lilly Pulitzer brand.

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