Dimensional Fund Advisors LP Trims Stock Position in Oxford Industries, Inc. $OXM

Dimensional Fund Advisors LP cut its holdings in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 9.8% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 618,361 shares of the textile maker's stock after selling 67,509 shares during the period. Dimensional Fund Advisors LP owned 4.15% of Oxford Industries worth $23,811,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in OXM. Millennium Management LLC raised its position in Oxford Industries by 1,374.3% in the fourth quarter. Millennium Management LLC now owns 326,607 shares of the textile maker's stock valued at $11,170,000 after purchasing an additional 304,454 shares during the period. Qube Research & Technologies Ltd purchased a new position in shares of Oxford Industries during the 2nd quarter worth $7,195,000. Two Sigma Investments LP increased its position in shares of Oxford Industries by 394.9% during the 3rd quarter. Two Sigma Investments LP now owns 191,740 shares of the textile maker's stock worth $7,773,000 after purchasing an additional 152,995 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Oxford Industries by 569.6% during the 3rd quarter. Lazard Asset Management LLC now owns 174,314 shares of the textile maker's stock worth $7,067,000 after purchasing an additional 148,283 shares during the last quarter. Finally, Dupree Financial Group LLC purchased a new stake in Oxford Industries in the 4th quarter valued at about $4,493,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the stock. Citigroup increased their target price on shares of Oxford Industries from $34.00 to $36.00 and gave the stock a "neutral" rating in a research note on Tuesday, June 16th. KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a report on Thursday, June 11th. Zacks Research raised shares of Oxford Industries from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 26th. BTIG Research reiterated a "neutral" rating on shares of Oxford Industries in a report on Thursday, June 11th. Finally, Telsey Advisory Group cut their target price 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. Seven equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Oxford Industries presently has an average rating of "Reduce" and a consensus price target of $40.00.

Insider Transactions at Oxford Industries

In other Oxford Industries news, CEO Thomas Caldecot Chubb III acquired 2,500 shares of the stock in a transaction on Friday, June 12th. The shares were bought at an average cost of $36.90 per share, with a total value of $92,250.00. Following the transaction, the chief executive officer owned 30,200 shares of the company's stock, valued at approximately $1,114,380. This trade represents a 9.03% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 6.50% of the company's stock.

Oxford Industries Trading Down 4.3%

OXM opened at $37.16 on Friday. The business has a fifty day moving average price of $38.71 and a 200 day moving average price of $39.42. 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, Inc. has a 12 month low of $30.57 and a 12 month high of $51.61. The stock has a market capitalization of $554.88 million, a price-to-earnings ratio of -14.08 and a beta of 1.06.

Oxford Industries (NYSE:OXM - Get Free Report) last released 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 positive return on equity of 4.55% and a negative net margin of 2.65%.The firm had revenue of $391.40 million for the quarter, compared to the consensus estimate of $391.76 million. During the same quarter last year, the business posted $1.82 EPS. The firm's quarterly revenue was down .4% compared to the same quarter last year. 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. Sell-side analysts expect that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The firm also recently declared 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 yield of 7.5%. Oxford Industries's dividend payout ratio is currently -106.06%.

Oxford Industries Profile

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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