Janney Montgomery Scott LLC Purchases New Position in Oxford Industries, Inc. $OXM

Key Points

• Janney Montgomery Scott LLC acquired a new stake in Oxford Industries, Inc. by purchasing 7,485 shares valued at approximately $301,000.
• Oxford Industries recently reported a quarterly earnings per share of $1.26, exceeding expectations, despite a 4% year-over-year revenue decline.
• The company announced a quarterly dividend of $0.69 per share, translating to an annualized dividend of $2.76 and a yield of 7.3%.

Janney Montgomery Scott LLC purchased a new stake in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 7,485 shares of the textile maker's stock, valued at approximately $301,000. Janney Montgomery Scott LLC owned approximately 0.05% of Oxford Industries at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of OXM. GAMMA Investing LLC lifted its stake in shares of Oxford Industries by 406.0% during the 2nd quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker's stock valued at $84,000 after buying an additional 1,681 shares in the last quarter. State of Wyoming lifted its stake in shares of Oxford Industries by 159.4% during the 1st quarter. State of Wyoming now owns 2,511 shares of the textile maker's stock valued at $147,000 after buying an additional 1,543 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Oxford Industries by 5.9% during the 1st quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker's stock valued at $195,000 after buying an additional 185 shares in 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 valued at $211,000 after buying an additional 657 shares in the last quarter. Finally, Petrus Trust Company LTA purchased a new stake in shares of Oxford Industries during the 1st quarter valued at approximately $226,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Industries Stock Performance

Oxford Industries stock opened at $38.01 on Monday. The firm's fifty day moving average price is $42.61 and its 200-day moving average price is $45.77. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18. The stock has a market cap of $565.27 million, a P/E ratio of 10.27 and a beta of 1.29. Oxford Industries, Inc. has a fifty-two week low of $35.59 and a fifty-two week high of $89.86.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly earnings data on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.05. The firm had revenue of $403.10 million for the quarter, compared to analysts' expectations of $406.14 million. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The business's quarterly revenue was down 4.0% on a year-over-year basis. During the same quarter last year, the company posted $2.77 EPS. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050--0.85 EPS. On average, equities research analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 annualized dividend and a dividend yield of 7.3%. Oxford Industries's dividend payout ratio (DPR) is currently 74.59%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on OXM. Truist Financial upped their price target on shares of Oxford Industries from $47.00 to $50.00 and gave the company a "hold" rating in a research note on Thursday, September 11th. Zacks Research cut shares of Oxford Industries from a "hold" rating to a "strong sell" rating in a research note on Friday, September 12th. Weiss Ratings reiterated a "sell (d+)" rating on shares of Oxford Industries in a research note on Wednesday, October 8th. UBS Group lowered their target price on shares of Oxford Industries from $48.00 to $46.00 and set a "neutral" rating on the stock in a research note on Wednesday, August 27th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $52.00 target price on shares of Oxford Industries in a research note on Thursday, September 11th. Four equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, Oxford Industries currently has an average rating of "Reduce" and a consensus target price of $54.40.

About Oxford Industries

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.

Want to see what other hedge funds are holding OXM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Oxford Industries, Inc. (NYSE:OXM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.