Blue Trust Inc. Acquires 804 Shares of Oxford Industries, Inc. $OXM

Blue Trust Inc. raised its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 124.8% in the second quarter, HoldingsChannel.com reports. The firm owned 1,448 shares of the textile maker’s stock after buying an additional 804 shares during the period. Blue Trust Inc.’s holdings in Oxford Industries were worth $58,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Illinois Municipal Retirement Fund grew its stake in shares of Oxford Industries by 3.4% in the 1st quarter. Illinois Municipal Retirement Fund now owns 8,036 shares of the textile maker’s stock worth $471,000 after acquiring an additional 267 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its stake in shares of Oxford Industries by 12.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,024 shares of the textile maker’s stock worth $709,000 after acquiring an additional 1,358 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Oxford Industries by 2.5% in the 1st quarter. Principal Financial Group Inc. now owns 73,639 shares of the textile maker’s stock worth $4,320,000 after acquiring an additional 1,789 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Oxford Industries by 12.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 96,319 shares of the textile maker’s stock worth $5,651,000 after acquiring an additional 10,547 shares in the last quarter. Finally, Hussman Strategic Advisors Inc. bought a new stake in shares of Oxford Industries in the 1st quarter worth $493,000. Institutional investors own 91.16% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently issued reports on OXM shares. UBS Group reduced their target price on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a research note on Wednesday, August 27th. Zacks Research lowered shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, September 12th. Truist Financial upped their target price on shares of Oxford Industries from $47.00 to $50.00 and gave the stock a “hold” rating in a research note on Thursday, September 11th. Telsey Advisory Group reiterated a “market perform” rating and issued a $52.00 target price on shares of Oxford Industries in a research note on Thursday, September 11th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of Oxford Industries in a research note on Wednesday, October 8th. Four investment analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $54.40.

Oxford Industries Stock Performance

Shares of OXM stock opened at $38.01 on Friday. The firm has a market cap of $565.27 million, a price-to-earnings ratio of 10.27 and a beta of 1.29. Oxford Industries, Inc. has a 52 week low of $35.59 and a 52 week high of $89.86. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18. The firm’s 50-day simple moving average is $42.61 and its two-hundred day simple moving average is $45.83.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, beating the consensus estimate of $1.21 by $0.05. The business had revenue of $403.10 million for the quarter, compared to the consensus estimate of $406.14 million. Oxford Industries had a net margin of 3.80% and a return on equity of 10.99%. The company’s revenue was down 4.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.77 earnings per share. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. As a group, equities analysts forecast that Oxford Industries, Inc. will post 6.62 earnings per share for the current year.

Oxford Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be issued a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, October 17th. This represents a $2.76 annualized dividend and a yield of 7.3%. Oxford Industries’s dividend payout ratio is 74.59%.

Oxford Industries 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.