Oxford Industries (NYSE:OXM) Price Target Lowered to $40.00 at Truist Financial

Oxford Industries (NYSE:OXM) had its price objective reduced by investment analysts at Truist Financial from $43.00 to $40.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the textile maker’s stock. Truist Financial’s target price would suggest a potential upside of 11.08% from the stock’s previous close.

Other equities analysts have also recently issued reports about the stock. Wall Street Zen upgraded shares of Oxford Industries from a “sell” rating to a “hold” rating in a research note on Saturday, May 30th. Telsey Advisory Group decreased their target price on shares of Oxford Industries from $51.00 to $44.00 and set a “market perform” rating for the company in a research note on Thursday. Citigroup boosted their target price on shares of Oxford Industries from $33.00 to $34.00 and gave the company a “neutral” rating in a research note on Monday, March 30th. UBS Group boosted their target price on shares of Oxford Industries from $33.00 to $42.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Finally, BTIG Research reiterated a “neutral” rating on shares of Oxford Industries in a research note on Thursday. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $40.00.

Oxford Industries Stock Performance

Shares of OXM stock traded down $7.27 during trading hours on Thursday, hitting $36.01. The company’s stock had a trading volume of 536,256 shares, compared to its average volume of 336,705. The company has a 50 day moving average of $42.87 and a 200 day moving average of $39.36. The stock has a market cap of $536.19 million, a PE ratio of -18.56 and a beta of 1.03. The company has a current ratio of 1.10, a quick ratio of 0.48 and a debt-to-equity ratio of 0.23. Oxford Industries has a 12-month low of $30.57 and a 12-month high of $51.61.

Oxford Industries (NYSE:OXM) last posted its earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.12. Oxford Industries had a negative net margin of 1.89% and a positive return on equity of 5.68%. The firm had revenue of $391.40 million during the quarter, compared to analysts’ expectations of $391.76 million. During the same period in the previous year, the business posted $1.82 EPS. The business’s revenue was down .4% compared to the same quarter last year. 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. On average, sell-side analysts forecast that Oxford Industries will post 2.51 EPS for the current fiscal year.

Hedge Funds Weigh In On Oxford Industries

A number of large investors have recently added to or reduced their stakes in OXM. AQR Capital Management LLC raised its position in Oxford Industries by 33.9% during the first quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock worth $381,000 after acquiring an additional 1,643 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Oxford Industries by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,817 shares of the textile maker’s stock worth $517,000 after acquiring an additional 387 shares during the period. Millennium Management LLC raised its position in Oxford Industries by 311.9% during the first quarter. Millennium Management LLC now owns 293,384 shares of the textile maker’s stock worth $17,213,000 after acquiring an additional 222,150 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Oxford Industries by 22.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 29,906 shares of the textile maker’s stock worth $1,755,000 after acquiring an additional 5,577 shares during the period. Finally, Norges Bank acquired a new position in Oxford Industries during the second quarter worth $369,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Oxford Industries News Roundup

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

• Positive Sentiment: Oxford Industries reported quarterly earnings of $1.39 per share, topping analyst estimates of $1.27, and revenue of $391.4 million was roughly in line with expectations. Article Title
• Positive Sentiment: The company declared a quarterly dividend of $0.70 per share, signaling continued shareholder returns and a dividend yield of about 6.4%. Article Title
• Neutral Sentiment: Telsey Advisory Group cut its price target on OXM to $44 from $51 and kept a market perform rating, reflecting a more cautious view but still implying upside from the current share price. Article Title
• Negative Sentiment: Management’s forward guidance disappointed, with Q2 EPS guidance of $1.20-$1.40 versus the Street’s $1.45 estimate and full-year EPS guidance of $2.30-$2.70 below consensus, raising concerns about demand and margin pressure. Article Title
• Negative Sentiment: Revenue declined slightly year over year and analysts noted slower sales and mixed margins, which helped drive the stock lower despite the earnings beat. Article Title

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.