Oxford Industries (NYSE:OXM) Upgraded to “Hold” at Zacks Research

Oxford Industries (NYSE:OXM) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

A number of other research firms have also recently issued reports on OXM. Weiss Ratings cut Oxford Industries from a “sell (d+)” rating to a “sell (d)” rating in a research report on Friday, October 16th. Telsey Advisory Group dropped their target price 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, September 4th. BTIG Research reaffirmed a “neutral” rating on shares of Oxford Industries in a report on Monday, October 5th. UBS Group reissued a “neutral” rating on shares of Oxford Industries in a research note on Wednesday, August 26th. Finally, Citigroup lowered their target price on Oxford Industries from $36.00 to $33.00 and set a “neutral” rating for the company in a report on Friday, September 4th. Seven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Oxford Industries currently has a consensus rating of “Reduce” and an average target price of $35.25.

Oxford Industries Stock Performance

NYSE OXM opened at $30.52 on Tuesday. The firm’s 50 day simple moving average is $28.98 and its 200 day simple moving average is $36.64. The firm has a market capitalization of $457.14 million, a price-to-earnings ratio of -59.84 and a beta of 1.11. The company has a current ratio of 1.17, a quick ratio of 0.56 and a debt-to-equity ratio of 0.13. Oxford Industries has a 1 year low of $24.19 and a 1 year high of $49.58.

Oxford Industries (NYSE:OXM) last issued its earnings results on Thursday, September 3rd. The textile maker reported $1.34 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $394.38 million for the quarter, compared to the consensus estimate of $394.55 million. During the same quarter last year, the business posted $1.26 EPS. The company’s revenue was down 2.2% compared to the same quarter last year. 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, research analysts expect that Oxford Industries will post 1.77 earnings per share for the current fiscal year.

Insider Buying and Selling at Oxford Industries

In other news, EVP K. Grassmyer purchased 1,000 shares of the company’s stock in a transaction on Tuesday, September 15th. The shares were acquired at an average price of $29.73 per share, for a total transaction of $29,730.00. Following the purchase, the executive vice president owned 38,636 shares in the company, valued at $1,148,648.28. This trade represents a 2.66% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Thomas Chubb, III bought 2,500 shares of the stock in a transaction on Thursday, September 24th. The shares were bought at an average cost of $26.15 per share, with a total value of $65,375.00. Following the purchase, the chief executive officer owned 36,200 shares of the company’s stock, valued at $946,630. This trade represents a 7.42% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders have bought a total of 7,000 shares of company stock worth $203,360 over the last 90 days. Insiders own 6.50% of the company’s stock.

Institutional Trading of Oxford Industries

Several institutional investors and hedge funds have recently made changes to their positions in OXM. BlackRock Inc. acquired a new position in shares of Oxford Industries during the second quarter worth about $41,098,000. Bank of America Corp DE increased its stake in shares of Oxford Industries by 21.8% during the first quarter. Bank of America Corp DE now owns 407,094 shares of the textile maker’s stock valued at $15,677,000 after acquiring an additional 72,999 shares during the period. Allianz Asset Management GmbH lifted its holdings in shares of Oxford Industries by 14.7% in the second quarter. Allianz Asset Management GmbH now owns 329,615 shares of the textile maker’s stock valued at $11,494,000 after buying an additional 42,242 shares during the period. Heartland Advisors Inc. acquired a new stake in shares of Oxford Industries during the second quarter worth $8,516,000. Finally, Punch & Associates Investment Management Inc. acquired a new position in shares of Oxford Industries in the first quarter worth about $4,754,000. 91.16% of the stock is currently owned by hedge funds and other institutional investors.

Oxford Industries Company Profile

Oxford Industries, Inc is an Atlanta-based apparel and lifestyle company that designs, sources, markets and distributes branded clothing, accessories and related products. Its products are sold through company-operated stores, e-commerce websites, wholesale partners and other distribution channels.

The company’s principal lifestyle brands include Tommy Bahama, which offers resort-inspired apparel, accessories, footwear, home furnishings and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s clothing and accessories; and Johnny Was, a premium women’s apparel and lifestyle brand.