Lazard Asset Management LLC Sells 33,318 Shares of Oxford Industries, Inc. $OXM

Key Points

• Lazard Asset Management cut its Oxford Industries stake by 39.7%, selling 33,318 shares and retaining 50,554 shares valued at approximately $1.95 million. Institutional investors collectively own 91.16% of the company.
• Oxford Industries reported quarterly EPS of $1.39, exceeding estimates of $1.27, while revenue of $391.4 million was slightly below expectations and declined 0.4% year over year. The company guided for fiscal 2026 EPS of $2.30–$2.70.
• The company paid a quarterly dividend of $0.70, equivalent to an annualized $2.80 dividend and a 7.4% yield. Analysts remain cautious, with seven Hold ratings and one Sell rating, producing a consensus “Reduce” rating and a $40 target price.

Lazard Asset Management LLC lowered its stake in Oxford Industries, Inc. (NYSE:OXM - Free Report) by 39.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 50,554 shares of the textile maker's stock after selling 33,318 shares during the period. Lazard Asset Management LLC owned 0.34% of Oxford Industries worth $1,947,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Quarry LP bought a new stake in Oxford Industries in the third quarter worth $38,000. Signaturefd LLC raised its position in shares of Oxford Industries by 28.1% in the 4th quarter. Signaturefd LLC now owns 1,368 shares of the textile maker's stock worth $47,000 after purchasing an additional 300 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in Oxford Industries by 44.8% in the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker's stock worth $61,000 after purchasing an additional 466 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Oxford Industries by 127.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker's stock worth $73,000 after purchasing an additional 1,014 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its position in Oxford Industries by 700.0% during the 2nd quarter. Canada Pension Plan Investment Board now owns 4,000 shares of the textile maker's stock valued at $161,000 after purchasing an additional 3,500 shares during the last quarter. Institutional investors own 91.16% of the company's stock.

Oxford Industries Trading Up 0.3%

NYSE:OXM opened at $38.04 on Tuesday. The company has a market cap of $567.98 million, a PE ratio of -14.41 and a beta of 1.06. The company has a current ratio of 1.17, a quick ratio of 0.60 and a debt-to-equity ratio of 0.27. The company has a 50 day simple moving average of $39.18 and a two-hundred day simple moving average of $39.49. Oxford Industries, Inc. has a 12 month low of $30.57 and a 12 month high of $51.61.

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 for the quarter, beating the consensus estimate of $1.27 by $0.12. The firm had revenue of $391.40 million for the quarter, compared to analysts' expectations of $391.76 million. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The company's revenue was down .4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.82 EPS. 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. Research analysts forecast that Oxford Industries, Inc. will post 2.5 earnings per share for the current year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 17th were issued a $0.70 dividend. The ex-dividend date of this dividend was Friday, July 17th. This represents a $2.80 dividend on an annualized basis and a yield of 7.4%. Oxford Industries's dividend payout ratio is currently -106.06%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on OXM. Truist Financial decreased their target price on shares of Oxford Industries from $43.00 to $40.00 and set a "hold" rating for the company in a report on Thursday, June 11th. Weiss Ratings reissued a "sell (d+)" rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Zacks Research upgraded shares of Oxford Industries from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 26th. Wall Street Zen raised Oxford Industries from a "sell" rating to a "hold" rating in a research report on Saturday, May 30th. Finally, Citigroup increased their target price on Oxford Industries from $34.00 to $36.00 and gave the company a "neutral" rating in a research note on Tuesday, June 16th. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Oxford Industries has an average rating of "Reduce" and a consensus target price of $40.00.

Insider Transactions at Oxford Industries

In other news, CEO Thomas Caldecot Chubb III purchased 2,500 shares of the business's stock in a transaction on Friday, June 12th. The stock was acquired at an average cost of $36.90 per share, for a total transaction of $92,250.00. Following the purchase, the chief executive officer directly owned 30,200 shares in the company, valued at $1,114,380. This trade represents a 9.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 6.50% of the company's stock.

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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