Goldman Sachs Group Inc. Trims Holdings in Oxford Industries, Inc. $OXM

Goldman Sachs Group Inc. trimmed its position in Oxford Industries, Inc. (NYSE:OXM) by 37.8% during the first quarter, Holdings Channel.com reports. The firm owned 126,311 shares of the textile maker’s stock after selling 76,746 shares during the period. Goldman Sachs Group Inc.’s holdings in Oxford Industries were worth $7,411,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in OXM. Ameriprise Financial Inc. increased its stake in shares of Oxford Industries by 11.4% during the 4th quarter. Ameriprise Financial Inc. now owns 83,403 shares of the textile maker’s stock valued at $6,570,000 after acquiring an additional 8,528 shares during the last quarter. Deutsche Bank AG increased its stake in shares of Oxford Industries by 51.8% during the 4th quarter. Deutsche Bank AG now owns 14,028 shares of the textile maker’s stock valued at $1,105,000 after acquiring an additional 4,787 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Oxford Industries by 3.4% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,430 shares of the textile maker’s stock valued at $664,000 after acquiring an additional 280 shares during the last quarter. Man Group plc acquired a new position in shares of Oxford Industries during the 4th quarter valued at about $3,119,000. Finally, ProShare Advisors LLC increased its stake in shares of Oxford Industries by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker’s stock valued at $352,000 after acquiring an additional 1,376 shares during the last quarter. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Oxford Industries

In other news, CEO Thomas Caldecot Chubb III bought 6,500 shares of the stock in a transaction that occurred on Monday, June 16th. The shares were purchased at an average cost of $40.12 per share, with a total value of $260,780.00. Following the completion of the acquisition, the chief executive officer directly owned 59,063 shares in the company, valued at approximately $2,369,607.56. The trade was a 12.37% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Robert S. Trauber purchased 10,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 18th. The stock was bought at an average cost of $41.38 per share, for a total transaction of $413,800.00. Following the purchase, the chief executive officer directly owned 13,364 shares in the company, valued at $553,002.32. This represents a 297.27% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders have purchased 16,818 shares of company stock worth $686,724. 6.00% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

OXM has been the subject of a number of research analyst reports. Citigroup dropped their price objective on shares of Oxford Industries from $47.00 to $44.00 and set a “sell” rating for the company in a research note on Thursday, June 12th. Truist Financial upped their price objective on shares of Oxford Industries from $47.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday. UBS Group dropped 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 note on Wednesday, August 27th. Zacks Research raised shares of Oxford Industries to a “hold” rating in a research report on Monday, August 11th. Finally, Telsey Advisory Group reissued a “market perform” rating and set a $52.00 target price on shares of Oxford Industries in a research report on Thursday. Five analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $54.40.

Oxford Industries Stock Performance

Shares of OXM opened at $47.23 on Friday. The business’s fifty day moving average price is $43.33 and its 200 day moving average price is $49.19. Oxford Industries, Inc. has a 12-month low of $36.25 and a 12-month high of $89.86. The stock has a market capitalization of $705.62 million, a PE ratio of 12.76 and a beta of 1.36. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.18 and a quick ratio of 0.64.

Oxford Industries (NYSE:OXM) last issued its earnings results on Wednesday, September 10th. The textile maker reported $1.26 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.05. Oxford Industries had a return on equity of 10.99% and a net margin of 3.80%.The firm had revenue of $403.10 million for the quarter, compared to analyst estimates of $406.14 million. During the same period last year, the company earned $2.77 earnings per share. The firm’s revenue for the quarter was down 4.0% on a year-over-year basis. Oxford Industries has set its FY 2025 guidance at 2.800-3.200 EPS. Q3 2025 guidance at -1.050–0.85 EPS. Equities research analysts forecast that Oxford Industries, Inc. will post 6.62 EPS for the current year.

Oxford Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be issued a dividend of $0.69 per share. This represents a $2.76 dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, October 17th. Oxford Industries’s payout ratio is presently 74.59%.

About Oxford Industries

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.