Mirae Asset Global Investments Co. Ltd. Acquires 700 Shares of Oxford Industries, Inc. $OXM

Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Oxford Industries, Inc. (NYSE:OXM) by 5.8% in the second quarter, Holdings Channel.com reports. The firm owned 12,724 shares of the textile maker’s stock after buying an additional 700 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in Oxford Industries were worth $512,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OXM. GAMMA Investing LLC boosted its position in Oxford Industries by 406.0% during the second quarter. GAMMA Investing LLC now owns 2,095 shares of the textile maker’s stock worth $84,000 after purchasing an additional 1,681 shares during the period. State of Wyoming boosted its position in Oxford Industries by 159.4% during the first quarter. State of Wyoming now owns 2,511 shares of the textile maker’s stock worth $147,000 after purchasing an additional 1,543 shares during the period. PNC Financial Services Group Inc. boosted its position in Oxford Industries by 5.9% during the first quarter. PNC Financial Services Group Inc. now owns 3,328 shares of the textile maker’s stock worth $195,000 after purchasing an additional 185 shares during the period. AlphaQuest LLC boosted its position in Oxford Industries by 22.3% during the first quarter. AlphaQuest LLC now owns 3,604 shares of the textile maker’s stock worth $211,000 after purchasing an additional 657 shares during the period. Finally, Petrus Trust Company LTA bought a new position in Oxford Industries during the first quarter worth about $226,000. Institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. UBS Group cut their price objective on shares of Oxford Industries from $48.00 to $46.00 and set a “neutral” rating for the company in a research report on Wednesday, August 27th. Telsey Advisory Group restated a “market perform” rating and issued a $52.00 price objective on shares of Oxford Industries in a research report on Thursday, September 11th. Weiss Ratings restated a “sell (d+)” rating on shares of Oxford Industries in a research report on Wednesday. Zacks Research lowered shares of Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, September 12th. Finally, Truist Financial raised their price objective on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research report on Thursday, September 11th. Four investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, Oxford Industries has an average rating of “Reduce” and a consensus price target of $54.40.

Oxford Industries Trading Down 8.3%

OXM stock opened at $35.70 on Friday. The company has a market capitalization of $530.86 million, a PE ratio of 9.65 and a beta of 1.29. Oxford Industries, Inc. has a one year low of $35.59 and a one year high of $89.86. The company’s 50 day moving average price is $42.72 and its two-hundred day moving average price is $46.71. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.51 and a current ratio of 1.18.

Oxford Industries (NYSE:OXM) last posted its quarterly earnings results on Wednesday, September 10th. The textile maker reported $1.26 EPS for the quarter, topping the consensus estimate of $1.21 by $0.05. The firm 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 business’s revenue was down 4.0% compared to the same quarter last year. During the same period last year, the firm posted $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, analysts predict that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Shareholders of record on Friday, October 17th will be paid 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 dividend yield of 7.7%. Oxford Industries’s dividend payout ratio (DPR) is 74.59%.

Oxford Industries Company 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.