Jump Financial LLC Acquires New Position in Oxford Industries, Inc. $OXM

Key Points

• Jump Financial LLC has acquired a new position in Oxford Industries, Inc., purchasing 81,390 shares valued at approximately $4.775 million.
• Recent ratings changes by analysts suggest a mixed outlook, with Citigroup lowering its price target while UBS Group has increased theirs to $56.00 and maintaining a "neutral" rating.
• The company announced a quarterly dividend of $0.69 per share, yielding 6.0% annually, highlighting a commitment to returning value to shareholders.

Jump Financial LLC acquired a new stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 81,390 shares of the textile maker's stock, valued at approximately $4,775,000. Jump Financial LLC owned 0.55% of Oxford Industries as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in OXM. Dimensional Fund Advisors LP lifted its position in Oxford Industries by 13.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 849,973 shares of the textile maker's stock valued at $66,958,000 after purchasing an additional 103,253 shares during the period. Global Alpha Capital Management Ltd. lifted its position in Oxford Industries by 37.7% in the first quarter. Global Alpha Capital Management Ltd. now owns 288,300 shares of the textile maker's stock valued at $16,915,000 after purchasing an additional 79,000 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Oxford Industries by 9.1% in the first quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker's stock valued at $39,596,000 after purchasing an additional 56,235 shares during the period. RBO & Co. LLC lifted its position in Oxford Industries by 45.7% in the fourth quarter. RBO & Co. LLC now owns 168,045 shares of the textile maker's stock valued at $13,239,000 after purchasing an additional 52,724 shares during the period. Finally, Invenomic Capital Management LP increased its holdings in Oxford Industries by 207.4% in the fourth quarter. Invenomic Capital Management LP now owns 75,915 shares of the textile maker's stock valued at $5,981,000 after buying an additional 51,221 shares in the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

Wall Street Analysts Forecast Growth

OXM has been the subject of a number of research reports. Citigroup reduced their price target on shares of Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research report on Thursday, June 12th. Zacks Research upgraded shares of Oxford Industries to a "hold" rating in a research report on Monday, August 11th. Telsey Advisory Group reiterated a "market perform" rating and set a $52.00 price target on shares of Oxford Industries in a research report on Thursday, June 12th. UBS Group lifted their price target on shares of Oxford Industries from $54.00 to $56.00 and gave the company a "neutral" rating in a research report on Thursday, June 5th. Finally, Truist Financial reduced their price target on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating for the company in a research report on Thursday, June 12th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $55.80.

Oxford Industries Trading Down 2.6%

Shares of OXM opened at $45.7980 on Tuesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.32 and a quick ratio of 0.64. The firm has a 50 day simple moving average of $42.46 and a 200-day simple moving average of $51.79. Oxford Industries, Inc. has a 1-year low of $36.25 and a 1-year high of $89.86. The stock has a market cap of $684.22 million, a price-to-earnings ratio of 8.89 and a beta of 1.38.

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

Oxford Industries Announces Dividend

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

Insider Activity at Oxford Industries

In other news, CEO Robert S. Trauber bought 10,000 shares of the stock in a transaction on Wednesday, June 18th. The stock was purchased at an average cost of $41.38 per share, with a total value of $413,800.00. Following the purchase, the chief executive officer owned 13,364 shares of the company's stock, valued at approximately $553,002.32. The trade was a 297.27% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this link. Also, CEO Thomas Caldecot Chubb III bought 6,500 shares of the stock in a transaction on Monday, June 16th. The stock was purchased at an average cost of $40.12 per share, with a total value of $260,780.00. Following the completion of the purchase, the chief executive officer directly owned 59,063 shares in the company, valued at $2,369,607.56. This trade represents a 12.37% increase in their position. The disclosure for this purchase can be found here. Insiders acquired a total of 16,818 shares of company stock valued at $686,724 over the last ninety days. 6.00% of the stock is owned by corporate insiders.

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.

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