Deprince Race & Zollo Inc. acquired a new stake in shares of Oxford Industries, Inc. (NYSE:OXM – Free Report) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 120,954 shares of the textile maker’s stock, valued at approximately $4,658,000.
A number of other institutional investors and hedge funds have also made changes to their positions in the company. AQR Capital Management LLC boosted its holdings in Oxford Industries by 33.9% in the first quarter. AQR Capital Management LLC now owns 6,495 shares of the textile maker’s stock valued at $381,000 after acquiring an additional 1,643 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake 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 last quarter. Millennium Management LLC increased its stake 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Oxford Industries by 22.9% in the 1st 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 purchasing an additional 5,577 shares during the period. Finally, Norges Bank purchased a new position in shares of Oxford Industries in the 2nd quarter worth about $369,000. 91.16% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have recently issued reports on the company. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a report on Thursday, June 11th. Zacks Research upgraded shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Citigroup raised their price target on shares of Oxford Industries from $34.00 to $36.00 and gave the company a “neutral” rating in a report on Tuesday, June 16th. BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a research report on Thursday, June 11th. Finally, Wall Street Zen upgraded 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 company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $40.00.
Oxford Industries Trading Down 2.9%
NYSE:OXM opened at $34.94 on Friday. The business’s 50-day moving average is $40.97 and its two-hundred day moving average is $39.16. The firm has a market capitalization of $521.68 million, a PE ratio of -13.24 and a beta of 1.06. Oxford Industries, Inc. has a 12 month low of $30.57 and a 12 month high of $51.61. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.17 and a quick ratio of 0.60.
Oxford Industries (NYSE:OXM – Get Free Report) last issued its earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share for the quarter, topping the consensus estimate of $1.27 by $0.12. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The company had revenue of $391.40 million during the quarter, compared to the consensus estimate of $391.76 million. During the same quarter in the prior year, the business earned $1.82 earnings per share. The company’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. Research analysts predict that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.
Oxford Industries Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a $0.70 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, July 17th. Oxford Industries’s dividend payout ratio is currently -106.06%.
Insider Transactions at Oxford Industries
In other news, CEO Thomas Caldecot Chubb III acquired 2,500 shares of the stock in a transaction on Friday, June 12th. The stock was bought at an average price of $36.90 per share, with a total value of $92,250.00. Following the completion of the transaction, the chief executive officer directly owned 30,200 shares of the company’s stock, valued at $1,114,380. The trade was a 9.03% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 6.50% of the stock is owned by company insiders.
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.
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