Public Sector Pension Investment Board Purchases 10,085 Shares of Oxford Industries, Inc. $OXM

Key Points

• The Public Sector Pension Investment Board increased its stake in Oxford Industries, Inc. by 27.4% in the 1st quarter, now holding shares worth approximately $2.75 million.
• Several institutional investors have also boosted their positions in Oxford Industries, with a total of 91.16% of the company's stock now held by institutional investors.
• Oxford Industries recently declared a quarterly dividend of $0.69 per share, resulting in an annualized dividend yield of 6.1%.

Public Sector Pension Investment Board lifted its holdings in shares of Oxford Industries, Inc. (NYSE:OXM - Free Report) by 27.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 46,825 shares of the textile maker's stock after acquiring an additional 10,085 shares during the period. Public Sector Pension Investment Board owned 0.32% of Oxford Industries worth $2,747,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. increased its holdings in shares of Oxford Industries by 5.9% in the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker's stock valued at $195,000 after purchasing an additional 185 shares during the period. Brevan Howard Capital Management LP purchased a new position in Oxford Industries during the fourth quarter worth about $213,000. Blueshift Asset Management LLC purchased a new position in shares of Oxford Industries in the 1st quarter worth about $261,000. US Bancorp DE raised its holdings in shares of Oxford Industries by 67.2% in the 1st quarter. US Bancorp DE now owns 5,290 shares of the textile maker's stock worth $310,000 after purchasing an additional 2,127 shares during the period. Finally, ProShare Advisors LLC grew its stake in shares of Oxford Industries by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker's stock valued at $352,000 after buying an additional 1,376 shares in the last quarter. Institutional investors and hedge funds own 91.16% of the company's stock.

Wall Street Analyst Weigh In

OXM has been the subject of a number of recent analyst reports. Citigroup lowered their price objective on Oxford Industries from $47.00 to $44.00 and set a "sell" rating for the company in a research note on Thursday, June 12th. UBS Group boosted their price objective on Oxford Industries from $54.00 to $56.00 and gave the stock a "neutral" rating in a research note on Thursday, June 5th. Telsey Advisory Group reaffirmed a "market perform" rating and set a $52.00 target price on shares of Oxford Industries in a research report on Thursday, June 12th. Zacks Research upgraded Oxford Industries to a "hold" rating in a report on Monday, August 11th. Finally, Truist Financial lowered their target price on Oxford Industries from $56.00 to $47.00 and set a "hold" rating on the stock in a research note on Thursday, June 12th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Reduce" and a consensus price target of $55.80.

Oxford Industries Trading Down 2.6%

OXM traded down $1.2020 during mid-day trading on Monday, reaching $45.7980. The stock had a trading volume of 263,366 shares, compared to its average volume of 323,486. The stock has a market capitalization of $684.22 million, a P/E ratio of 8.89 and a beta of 1.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.64 and a current ratio of 1.32. The firm's fifty day simple moving average is $42.46 and its two-hundred day simple moving average is $51.79. Oxford Industries, Inc. has a 52 week low of $36.25 and a 52 week high of $89.86.

Oxford Industries (NYSE:OXM - Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The textile maker reported $1.82 earnings per share for the quarter, meeting analysts' consensus estimates of $1.82. The company had revenue of $392.86 million for the quarter, compared to the consensus estimate of $383.54 million. Oxford Industries had a return on equity of 14.97% and a net margin of 5.35%.The firm's quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the business 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. On average, equities analysts predict that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Announces Dividend

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

Insider Transactions at Oxford Industries

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

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.