Oxford Industries (NYSE:OXM) Hits New 12-Month Low on Analyst Downgrade

Key Points

• Oxford Industries shares hit a new 52-week low after Citigroup cut its price target to $33 from $36 and maintained a Neutral rating. The stock fell to $28.20 and closed its latest trading session at $31.22.
• The company’s second-quarter adjusted EPS of $1.34 slightly exceeded estimates, but revenue declined 2.2% to $394.4 million as Lilly Pulitzer and Johnny Was sales weakened.
• Fiscal 2026 guidance was reduced sharply to adjusted EPS of $1.60–$2.00, while analysts remain broadly cautious with a consensus “Reduce” rating and $35.25 price target. Oxford maintained its $0.70 quarterly dividend, implying an approximately 9% yield.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report) reached a new 52-week low on Friday after Citigroup lowered their price target on the stock from $36.00 to $33.00. Citigroup currently has a neutral rating on the stock. Oxford Industries traded as low as $28.20 and last traded at $31.22, with a volume of 2054504 shares changing hands. The stock had previously closed at $36.63.

A number of other equities analysts have also commented on OXM. Truist Financial cut their price objective on Oxford Industries from $40.00 to $33.00 and set a "hold" rating on the stock in a research note on Friday. KeyCorp restated a "sector weight" rating on shares of Oxford Industries in a report on Thursday, June 11th. Zacks Research raised shares of Oxford Industries from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 26th. Telsey Advisory Group lowered their target price on shares of Oxford Industries from $44.00 to $35.00 and set a "market perform" rating for the company in a research note on Friday. Finally, BTIG Research reaffirmed a "neutral" rating on shares of Oxford Industries in a research report on Friday. Seven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Oxford Industries currently has a consensus rating of "Reduce" and a consensus price target of $35.25.

Insider Activity at Oxford Industries

In related news, CEO Thomas Chubb, III acquired 2,500 shares of the stock in a transaction dated Friday, June 12th. The stock was purchased at an average cost of $36.90 per share, with a total value of $92,250.00. Following the completion of 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 purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 6.50% of the stock is currently owned by insiders.

Key Headlines Impacting Oxford Industries

Here are the key news stories impacting Oxford Industries this week:

• Positive Sentiment: Adjusted earnings beat estimates: Second-quarter adjusted EPS rose to $1.34 from $1.26 a year earlier, slightly above the roughly $1.31-$1.32 consensus. Tommy Bahama sales increased 0.8%, while the company generated $97 million in operating cash flow during the first half and reduced borrowings to $73 million. OXM Q2 Deep Dive: Guidance Cut as Lilly Pulitzer Weighs on Mixed Portfolio
• Positive Sentiment: Dividend maintained: OXM declared a quarterly dividend of $0.70 per share, payable October 30 to shareholders of record October 16, supporting the stock’s income appeal. Oxford Second Quarter Results
• Neutral Sentiment: Analyst targets moved lower: Citigroup cut its price target to $33 from $36 and retained a Neutral rating, while Telsey Advisory lowered its target to $35 from $44 and kept a Market Perform rating. The revisions reflect reduced expectations rather than a bullish change in sentiment. Telsey Advisory Adjusts Price Target
• Negative Sentiment: Full-year guidance was cut: OXM now expects fiscal 2026 adjusted EPS of $1.60-$2.00, below the prior consensus of $2.61 and below fiscal 2025’s $2.11. Revenue guidance of $1.43-$1.47 billion also implies a decline from the prior year. Third-quarter adjusted EPS is expected to be a loss of $1.20-$1.40, with revenue of $280-$300 million versus $307 million a year earlier. Oxford Industries Cuts Annual Outlook
• Negative Sentiment: Portfolio weakness outweighed the earnings beat: Consolidated sales fell 2.2% to $394.4 million. Lilly Pulitzer sales dropped 5.6% and Johnny Was sales declined 8.8%; management cited product, marketing, and macroeconomic consumer challenges. The company plans heavier promotions at Lilly Pulitzer, which could pressure future margins. Reported GAAP EPS also benefited from a $42 million tariff refund, making the headline profit improvement less representative of recurring performance. Oxford Industries Stumbles as Lilly Pulitzer Sales Weigh

Institutional Trading of Oxford Industries

Several institutional investors and hedge funds have recently made changes to their positions in the company. Quarry LP bought a new stake in shares of Oxford Industries during the 3rd quarter valued at $38,000. Public Employees Retirement System of Ohio purchased a new position in shares of Oxford Industries during the 2nd quarter valued at $38,000. BNP Paribas Financial Markets increased its holdings in shares of Oxford Industries by 44.8% in the second 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 during the period. Tower Research Capital LLC TRC increased its holdings in shares of Oxford Industries by 127.1% in the second 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 during the period. Finally, Meeder Asset Management Inc. purchased a new stake in shares of Oxford Industries in the second quarter worth $81,000. Hedge funds and other institutional investors own 91.16% of the company's stock.

Oxford Industries Stock Down 14.8%

The company has a market cap of $466.11 million, a PE ratio of -61.21 and a beta of 1.06. The stock has a 50-day moving average of $37.40 and a 200-day moving average of $39.22. The company has a quick ratio of 0.60, a current ratio of 1.17 and a debt-to-equity ratio of 0.27.

Oxford Industries (NYSE:OXM - Get Free Report) last released its quarterly earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, beating the consensus estimate of $1.31 by $0.03. The firm had revenue of $394.38 million for the quarter, compared to analysts' expectations of $394.55 million. Oxford Industries had a positive return on equity of 4.97% and a negative net margin of 0.46%.The company's revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 EPS. 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. Sell-side analysts predict that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a dividend of $0.70 per share. The ex-dividend date is Friday, October 16th. This represents a $2.80 annualized dividend and a dividend yield of 9.0%. Oxford Industries's dividend payout ratio is -106.06%.

Oxford Industries Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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