Citigroup Cuts Oxford Industries (NYSE:OXM) Price Target to $33.00

Oxford Industries (NYSE:OXM) had its price objective decreased by Citigroup from $36.00 to $33.00 in a research note released on Friday morning,Benzinga reports. Citigroup currently has a neutral rating on the textile maker’s stock.

A number of other analysts have also commented on OXM. Zacks Research raised Oxford Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, May 26th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. UBS Group restated a “neutral” rating on shares of Oxford Industries in a report on Wednesday, August 26th. Telsey Advisory Group decreased their price objective on shares of Oxford Industries from $44.00 to $35.00 and set a “market perform” rating for the company in a report on Friday. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday, July 8th. Seven research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Oxford Industries currently has a consensus rating of “Reduce” and an average target price of $35.25.

Oxford Industries Stock Performance

Shares of NYSE:OXM opened at $31.22 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.56 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $37.31 and a 200-day moving average price of $39.17. The company has a market cap of $466.11 million, a price-to-earnings ratio of -61.21 and a beta of 1.06. Oxford Industries has a 12 month low of $28.20 and a 12 month high of $51.61.

Oxford Industries (NYSE:OXM) last posted its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.31 by $0.03. Oxford Industries had a positive return on equity of 4.88% and a negative net margin of 0.46%.The company had revenue of $394.38 million for the quarter, compared to analysts’ expectations of $394.55 million. During the same period last year, the firm earned $1.26 earnings per share. Oxford Industries’s quarterly revenue was down 2.2% on a year-over-year basis. 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. As a group, equities analysts anticipate that Oxford Industries will post 1.8 EPS for the current year.

Oxford Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 9.0%. The ex-dividend date of this dividend is Friday, October 16th. Oxford Industries’s payout ratio is currently -549.02%.

Insider Transactions at Oxford Industries

In other news, CEO Thomas Chubb, III purchased 2,500 shares of the company’s stock in a transaction that occurred on Friday, June 12th. The shares were bought at an average price of $36.90 per share, for a total transaction of $92,250.00. Following the purchase, the chief executive officer directly owned 30,200 shares in the company, valued at approximately $1,114,380. This trade represents a 9.03% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 6.50% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Heartland Advisors Inc. grew its holdings in shares of Oxford Industries by 40.7% during the first quarter. Heartland Advisors Inc. now owns 211,093 shares of the textile maker’s stock valued at $8,129,000 after buying an additional 61,093 shares during the last quarter. Punch & Associates Investment Management Inc. bought a new stake in shares of Oxford Industries during the second quarter valued at approximately $4,270,000. Bank of America Corp DE raised its holdings in Oxford Industries by 21.8% in the 1st quarter. Bank of America Corp DE now owns 407,094 shares of the textile maker’s stock worth $15,677,000 after acquiring an additional 72,999 shares during the last quarter. BlackRock Inc. purchased a new position in Oxford Industries in the 2nd quarter worth approximately $41,098,000. Finally, Deprince Race & Zollo Inc. bought a new position in Oxford Industries in the 1st quarter valued at approximately $4,658,000. 91.16% of the stock is owned by hedge funds and other institutional investors.

Oxford Industries News Roundup

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

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.