Squarepoint Ops LLC Makes New $1.95 Million Investment in Oxford Industries, Inc. $OXM

Key Points

• Squarepoint Ops LLC acquired 55,920 Oxford Industries shares worth approximately $1.95 million, while institutional investors collectively owned 91.16% of the company.
• Oxford Industries reported quarterly EPS of $1.34, slightly above expectations, but revenue fell 2.2% year over year. The stock opened at $30.91, near its 52-week low, and analysts maintain a consensus “Reduce” rating with a $35.25 target price.
• The company declared a quarterly dividend of $0.70 per share, or $2.80 annualized, implying a high 9.1% yield; CEO Thomas Chubb also increased his personal stake by 11.59% through an open-market purchase.

Squarepoint Ops LLC acquired a new position in Oxford Industries, Inc. (NYSE:OXM - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 55,920 shares of the textile maker's stock, valued at approximately $1,950,000. Squarepoint Ops LLC owned approximately 0.37% of Oxford Industries at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in shares of Oxford Industries during the 2nd quarter valued at $41,098,000. California State Teachers Retirement System increased its stake in Oxford Industries by 3,895.4% in the 2nd quarter. California State Teachers Retirement System now owns 544,007 shares of the textile maker's stock worth $18,970,000 after buying an additional 530,391 shares in the last quarter. Bank of America Corp DE raised its holdings in Oxford Industries by 21.8% during the first quarter. Bank of America Corp DE now owns 407,094 shares of the textile maker's stock valued at $15,677,000 after acquiring an additional 72,999 shares during the period. Allianz Asset Management GmbH raised its holdings in Oxford Industries by 14.7% during the second quarter. Allianz Asset Management GmbH now owns 329,615 shares of the textile maker's stock valued at $11,494,000 after acquiring an additional 42,242 shares during the period. Finally, Heartland Advisors Inc. bought a new stake in Oxford Industries during the second quarter valued at about $8,516,000. 91.16% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, CEO Thomas Chubb, III acquired 3,500 shares of Oxford Industries stock in a transaction on Wednesday, September 9th. The shares were acquired at an average price of $30.93 per share, with a total value of $108,255.00. Following the purchase, the chief executive officer directly owned 33,700 shares in the company, valued at $1,042,341. The trade was a 11.59% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 6.50% of the stock is owned by corporate insiders.

Oxford Industries Stock Down 2.0%

OXM opened at $30.91 on Tuesday. The company has a market capitalization of $463.08 million, a PE ratio of -60.61 and a beta of 1.06. The firm has a 50-day simple moving average of $36.84 and a two-hundred day simple moving average of $38.80. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. Oxford Industries, Inc. has a 52 week low of $28.20 and a 52 week high of $49.58.

Oxford Industries (NYSE:OXM - Get Free Report) last issued its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The firm had revenue of $394.38 million for the quarter, compared to analysts' expectations of $394.55 million. During the same period in the previous year, the firm posted $1.26 earnings per share. The business's revenue was down 2.2% compared to the same quarter last year. Oxford Industries has set its Q3 2026 guidance at -1.400--1.200 EPS and its FY 2026 guidance at 1.600-2.000 EPS. Analysts forecast that Oxford Industries, Inc. will post 1.77 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 9.1%. The ex-dividend date is Friday, October 16th. Oxford Industries's dividend payout ratio (DPR) is currently -549.02%.

Analyst Ratings Changes

OXM has been the subject of a number of recent analyst reports. Telsey Advisory Group dropped their price objective on Oxford Industries from $44.00 to $35.00 and set a "market perform" rating for the company in a research note on Friday, September 4th. Citigroup lowered their price target on Oxford Industries from $36.00 to $33.00 and set a "neutral" rating on the stock in a report on Friday, September 4th. KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a research note on Thursday, June 11th. Weiss Ratings reaffirmed a "sell (d+)" rating on shares of Oxford Industries in a report on Wednesday, July 8th. Finally, Zacks Research cut shares of Oxford Industries from a "hold" rating to a "strong sell" rating in a research report on Tuesday, September 8th. Six research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Oxford Industries currently has a consensus rating of "Reduce" and a consensus target price of $35.25.

Oxford Industries Company Profile

Oxford Industries, Inc is an apparel and lifestyle company headquartered in Atlanta, Georgia. Founded in 1942 as a manufacturer of dress shirts, the company has expanded into a portfolio of premium lifestyle brands serving customers through retail stores, e-commerce platforms, wholesale distribution and other channels.

Its principal brands include Tommy Bahama, a resort-inspired lifestyle brand offering apparel, accessories, home furnishings, restaurants and hospitality experiences; Lilly Pulitzer, known for colorful women's, men's and children's apparel, accessories and home products; and Johnny Was, which specializes in distinctive women's apparel and accessories.

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