Oxford Industries, Inc. $OXM Holdings Lowered by Landscape Capital Management L.L.C.

Key Points

• Landscape Capital Management L.L.C. reduced its stake in Oxford Industries, Inc. by 51.1%, owning 20,946 shares valued at approximately $1.23 million after selling 21,872 shares in the first quarter.
• CEO Thomas Caldecot Chubb III bought 6,500 shares of Oxford Industries at an average price of $40.12 each, increasing his ownership by 12.37%.
• Oxford Industries announced a quarterly dividend of $0.69 per share, equating to an annualized yield of 6.3%, with a payout ratio of 53.59%.

Landscape Capital Management L.L.C. trimmed its position in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 51.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,946 shares of the textile maker's stock after selling 21,872 shares during the quarter. Landscape Capital Management L.L.C. owned approximately 0.14% of Oxford Industries worth $1,229,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Brevan Howard Capital Management LP acquired a new position in Oxford Industries in the fourth quarter worth $213,000. PNC Financial Services Group Inc. lifted its position in shares of Oxford Industries by 5.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker's stock worth $195,000 after buying an additional 185 shares during the last quarter. AlphaQuest LLC boosted its holdings in shares of Oxford Industries by 22.3% in 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 during the period. Blueshift Asset Management LLC bought a new stake in shares of Oxford Industries during the 1st quarter valued at about $261,000. Finally, ProShare Advisors LLC raised its stake in Oxford Industries by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker's stock worth $352,000 after acquiring an additional 1,376 shares during the period. 91.16% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on OXM shares. Citigroup dropped their price target on Oxford Industries from $47.00 to $44.00 and set a "sell" rating on the stock in a research report on Thursday, June 12th. UBS Group dropped their target price on Oxford Industries from $48.00 to $46.00 and set a "neutral" rating on the stock in a research report on Wednesday, August 27th. Zacks Research raised shares of Oxford Industries to a "hold" rating in a report on Monday, August 11th. Truist Financial dropped their price objective on shares of Oxford Industries from $56.00 to $47.00 and set a "hold" rating on the stock in a report on Thursday, June 12th. Finally, Telsey Advisory Group reissued a "market perform" rating and set a $52.00 target price on shares of Oxford Industries in a research note on Thursday, June 12th. Five investment 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 company has a consensus rating of "Reduce" and a consensus target price of $53.80.

Insider Transactions at Oxford Industries

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

Oxford Industries Price Performance

Oxford Industries stock traded down $0.42 during trading hours on Wednesday, hitting $42.20. 209,096 shares of the company traded hands, compared to its average volume of 427,497. Oxford Industries, Inc. has a 1-year low of $36.25 and a 1-year high of $89.86. The firm has a market cap of $630.39 million, a P/E ratio of 8.19 and a beta of 1.36. The firm's 50-day simple moving average is $42.93 and its two-hundred day simple moving average is $50.70. 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 quarterly earnings data on Wednesday, June 11th. The textile maker reported $1.82 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 business's revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm posted $2.66 earnings per share. 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 forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 1st. Investors of record on Friday, July 18th were paid a dividend of $0.69 per share. The ex-dividend date of this dividend was Friday, July 18th. This represents a $2.76 annualized dividend and a yield of 6.5%. Oxford Industries's dividend payout ratio (DPR) is currently 53.59%.

Oxford Industries Company 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.