Oxford Industries (NYSE:OXM) Trading Down 7.6% – Here’s What Happened

Oxford Industries, Inc. (NYSE:OXM) shares dropped 7.6% on Thursday . The company traded as low as $37.86 and last traded at $37.58. Approximately 43,726 shares traded hands during trading, a decline of 89% from the average daily volume of 385,063 shares. The stock had previously closed at $40.66.

Analysts Set New Price Targets

Several research firms recently commented on OXM. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research note on Thursday, June 11th. Truist Financial dropped their price objective on shares of Oxford Industries from $43.00 to $40.00 and set a “hold” rating for the company in a research note on Thursday, June 11th. Weiss Ratings reissued a “sell (d+)” rating on shares of Oxford Industries in a report on Wednesday, July 8th. Telsey Advisory Group decreased their target price on shares of Oxford Industries from $51.00 to $44.00 and set a “market perform” rating on the stock in a research report on Thursday, June 11th. Finally, Zacks Research raised shares of Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 26th. Seven investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $40.00.

Oxford Industries Price Performance

The company has a fifty day simple moving average of $39.30 and a two-hundred day simple moving average of $39.39. The stock has a market capitalization of $565.12 million, a price-to-earnings ratio of -14.33 and a beta of 1.06. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.60 and a current ratio of 1.17.

Oxford Industries (NYSE:OXM) last released its earnings results on Wednesday, June 10th. The textile maker reported $1.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.12. Oxford Industries had a positive return on equity of 4.55% and a negative net margin of 2.65%.The company had revenue of $391.40 million for the quarter, compared to analyst estimates of $391.76 million. During the same period in the prior year, the firm posted $1.82 EPS. Oxford Industries’s quarterly revenue was down .4% on a year-over-year basis. Oxford Industries has set its FY 2026 guidance at 2.300-2.700 EPS and its Q2 2026 guidance at 1.200-1.400 EPS. As a group, equities research analysts expect that Oxford Industries, Inc. will post 2.5 earnings per share for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 7.4%. The ex-dividend date is Friday, July 17th. Oxford Industries’s dividend payout ratio is presently -106.06%.

Insider Transactions at Oxford Industries

In other news, CEO Thomas Caldecot Chubb III bought 2,500 shares of the firm’s stock in a transaction on Friday, June 12th. The shares were purchased at an average cost of $36.90 per share, with a total value of $92,250.00. Following the acquisition, the chief executive officer directly owned 30,200 shares in the company, valued at $1,114,380. This represents a 9.03% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.50% of the stock is owned by insiders.

Institutional Trading of Oxford Industries

A number of institutional investors and hedge funds have recently made changes to their positions in OXM. Bank of America Corp DE boosted its position in shares of Oxford Industries by 21.8% during 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 in the last quarter. Quantinno Capital Management LP bought a new position in Oxford Industries in the first quarter valued at approximately $224,000. SummitTX Capital L.P. raised its position in Oxford Industries by 144.9% during the first quarter. SummitTX Capital L.P. now owns 20,667 shares of the textile maker’s stock valued at $796,000 after purchasing an additional 12,227 shares in the last quarter. Punch & Associates Investment Management Inc. acquired a new position in Oxford Industries during the first quarter valued at approximately $4,754,000. Finally, Gabelli Funds LLC bought a new stake in Oxford Industries during the first quarter worth $385,000. Institutional investors own 91.16% of the company’s stock.

About Oxford Industries

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.