SummerHaven Investment Management LLC Takes $707,000 Position in Oxford Industries, Inc. $OXM

SummerHaven Investment Management LLC acquired a new position in shares of Oxford Industries, Inc. (NYSE:OXM) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 17,440 shares of the textile maker’s stock, valued at approximately $707,000. SummerHaven Investment Management LLC owned about 0.12% of Oxford Industries at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of OXM. CWM LLC grew its stake in shares of Oxford Industries by 61.5% in the 3rd quarter. CWM LLC now owns 801 shares of the textile maker’s stock valued at $32,000 after buying an additional 305 shares during the period. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Oxford Industries in the second quarter valued at $34,000. Blue Trust Inc. raised its holdings in shares of Oxford Industries by 124.8% in the 2nd quarter. Blue Trust Inc. now owns 1,448 shares of the textile maker’s stock valued at $58,000 after buying an additional 804 shares during the period. BNP Paribas Financial Markets lifted its stake in Oxford Industries by 44.8% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,507 shares of the textile maker’s stock worth $61,000 after acquiring an additional 466 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in Oxford Industries by 127.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,812 shares of the textile maker’s stock valued at $73,000 after acquiring an additional 1,014 shares during the period. 91.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on OXM shares. Wall Street Zen cut shares of Oxford Industries from a “hold” rating to a “sell” rating in a research report on Saturday, December 20th. Zacks Research lowered Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, December 12th. UBS Group increased their price objective on Oxford Industries from $35.00 to $36.00 and gave the company a “neutral” rating in a research note on Thursday, January 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Oxford Industries in a research note on Monday, December 29th. Finally, Citigroup reduced their price target on Oxford Industries from $35.00 to $33.00 and set a “neutral” rating on the stock in a research report on Friday, December 12th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $45.40.

Oxford Industries Trading Down 0.6%

Shares of Oxford Industries stock opened at $36.98 on Thursday. The company has a fifty day simple moving average of $37.21 and a 200-day simple moving average of $39.65. Oxford Industries, Inc. has a 12-month low of $30.57 and a 12-month high of $87.93. The company has a current ratio of 1.33, a quick ratio of 0.62 and a debt-to-equity ratio of 0.27. The stock has a market cap of $550.28 million, a price-to-earnings ratio of -112.06 and a beta of 1.08.

Oxford Industries (NYSE:OXM) last released its quarterly earnings data on Wednesday, December 10th. The textile maker reported ($0.92) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.95) by $0.03. The company had revenue of $307.34 million during the quarter, compared to the consensus estimate of $304.42 million. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.35%. Oxford Industries’s revenue for the quarter was down .2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.11) earnings per share. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. On average, equities analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $0.69 per share. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.5%. Oxford Industries’s payout ratio is -836.36%.

Insiders Place Their Bets

In other news, CEO Thomas Caldecot Chubb III acquired 5,000 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was acquired at an average cost of $35.12 per share, with a total value of $175,600.00. Following the completion of the acquisition, the chief executive officer owned 22,709 shares of the company’s stock, valued at $797,540.08. The trade was a 28.23% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 6.00% of the company’s stock.

Oxford Industries 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.