Oxford Industries (NYSE:OXM) Trading Up 5.7% - Still a Buy?

Key Points

• Oxford Industries shares rose 5.7% to $38.88, although trading volume was 42% below the average session volume.
• Analyst sentiment remains cautious: seven analysts rate the stock Hold and one rates it Sell, resulting in a consensus “Reduce” rating and an average price target of $40.
• The company beat quarterly EPS expectations ($1.39 versus $1.27) but revenue fell 0.4% year over year. Oxford also pays a $0.70 quarterly dividend, equivalent to a 7.2% annualized yield, though its payout ratio is negative.

Oxford Industries, Inc. (NYSE:OXM - Get Free Report)'s share price rose 5.7% during trading on Wednesday . The company traded as high as $38.96 and last traded at $38.88. 213,339 shares changed hands during trading, a decline of 42% from the average session volume of 370,638 shares. The stock had previously closed at $36.80.

Analyst Ratings Changes

Several brokerages have issued reports on OXM. Zacks Research upgraded Oxford Industries from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 26th. UBS Group reiterated a "neutral" rating on shares of Oxford Industries in a report on Wednesday. Citigroup boosted their price target on shares of Oxford Industries from $34.00 to $36.00 and gave the company a "neutral" rating in a research report on Tuesday, June 16th. Weiss Ratings restated a "sell (d+)" rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Finally, Wall Street Zen raised shares of Oxford Industries from a "sell" rating to a "hold" rating in a research note on Saturday, May 30th. Seven analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Oxford Industries currently has an average rating of "Reduce" and an average target price of $40.00.

Oxford Industries Stock Performance

The firm has a 50 day simple moving average of $37.20 and a 200-day simple moving average of $39.29. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.17 and a quick ratio of 0.60. The company has a market cap of $578.69 million, a price-to-earnings ratio of -14.68 and a beta of 1.06.

Oxford Industries (NYSE:OXM - Get Free Report) last announced its quarterly earnings results on Wednesday, June 10th. The textile maker reported $1.39 EPS for the quarter, beating the consensus estimate of $1.27 by $0.12. The business had revenue of $391.40 million for the quarter, compared to analyst estimates 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 quarterly revenue was down .4% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, analysts predict that Oxford Industries, Inc. will post 2.5 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Friday, July 17th were paid a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 7.2%. The ex-dividend date of this dividend was Friday, July 17th. Oxford Industries's dividend payout ratio (DPR) is -106.06%.

Insider Buying and Selling at Oxford Industries

In related news, CEO Thomas Caldecot Chubb III purchased 2,500 shares of the company'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 completion of the transaction, the chief executive officer directly owned 30,200 shares in the company, valued at approximately $1,114,380. The trade was a 9.03% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available at this link. 6.50% of the stock is currently owned by corporate insiders.

Institutional Trading of Oxford Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in OXM. BlackRock Inc. purchased a new position in shares of Oxford Industries during the second quarter worth $41,098,000. California State Teachers Retirement System lifted its stake in Oxford Industries by 3,895.4% during the 2nd quarter. California State Teachers Retirement System now owns 544,007 shares of the textile maker's stock worth $18,970,000 after acquiring an additional 530,391 shares in the last quarter. Bank of America Corp DE acquired a new position in Oxford Industries during the 2nd quarter worth about $14,625,000. Millennium Management LLC boosted its holdings in Oxford Industries by 1,374.3% during the 4th quarter. Millennium Management LLC now owns 326,607 shares of the textile maker's stock valued at $11,170,000 after acquiring an additional 304,454 shares during the period. Finally, Heartland Advisors Inc. purchased a new position in Oxford Industries during the 2nd quarter valued at about $8,516,000. Hedge funds and other institutional investors own 91.16% of the company's stock.

About Oxford Industries

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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