Insider Buying: Oxford Industries (NYSE:OXM) EVP Acquires $29,730.00 in Stock

Oxford Industries, Inc. (NYSE:OXM) EVP K. Grassmyer purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was bought at an average cost of $29.73 per share, for a total transaction of $29,730.00. Following the completion of the acquisition, the executive vice president directly owned 38,636 shares in the company, valued at $1,148,648.28. The trade was a 2.66% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Oxford Industries Stock Performance

OXM traded down $1.13 during trading on Tuesday, hitting $29.66. 498,341 shares of the company traded hands, compared to its average volume of 388,680. Oxford Industries, Inc. has a one year low of $28.20 and a one year high of $49.58. The stock’s fifty day moving average is $36.84 and its 200 day moving average is $38.80. The company has a quick ratio of 0.56, a current ratio of 1.17 and a debt-to-equity ratio of 0.13. The firm has a market cap of $444.28 million, a P/E ratio of -58.16 and a beta of 1.06.

Oxford Industries (NYSE:OXM) last released 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 negative net margin of 0.46% and a positive return on equity of 4.88%. The firm had revenue of $394.38 million for the quarter, compared to analysts’ expectations of $394.55 million. During the same period in the previous year, the company earned $1.26 earnings per share. The company’s quarterly revenue was down 2.2% on a year-over-year basis. 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, equities analysts predict that Oxford Industries, Inc. will post 1.77 EPS for the current fiscal year.

Oxford Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a yield of 9.4%. The ex-dividend date of this dividend is Friday, October 16th. Oxford Industries’s dividend payout ratio is -549.02%.

Institutional Investors Weigh In On Oxford Industries

A number of institutional investors and hedge funds have recently made changes to their positions in OXM. Engineers Gate Manager LP bought a new stake in Oxford Industries during the second quarter valued at $605,000. Squarepoint Ops LLC bought a new position in Oxford Industries in the 2nd quarter worth about $1,950,000. Allianz Asset Management GmbH raised its holdings in shares of Oxford Industries by 14.7% in the 2nd quarter. Allianz Asset Management GmbH now owns 329,615 shares of the textile maker’s stock valued at $11,494,000 after acquiring an additional 42,242 shares in the last quarter. Empowered Funds LLC purchased a new stake in shares of Oxford Industries in the 2nd quarter valued at about $2,015,000. Finally, Public Employees Retirement System of Ohio bought a new stake in Oxford Industries during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

OXM has been the subject of several research reports. Truist Financial cut their price target on Oxford Industries from $40.00 to $33.00 and set a “hold” rating for the company in a research note on Friday, September 4th. UBS Group reiterated a “neutral” rating on shares of Oxford Industries in a research note on Wednesday, August 26th. Wall Street Zen raised shares of Oxford Industries from a “sell” rating to a “hold” rating in a research report on Saturday, May 30th. Telsey Advisory Group cut their price objective 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. Finally, Zacks Research downgraded Oxford Industries from a “hold” rating to a “strong sell” rating in a research report on Tuesday, September 8th. Six equities research analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $35.25.

About Oxford Industries

Oxford Industries, Inc is an apparel and lifestyle company headquartered in Atlanta, Georgia. Founded in 1942 as a manufacturer of dress shirts, the company has expanded into a portfolio of premium lifestyle brands serving customers through retail stores, e-commerce platforms, wholesale distribution and other channels.

Its principal brands include Tommy Bahama, a resort-inspired lifestyle brand offering apparel, accessories, home furnishings, restaurants and hospitality experiences; Lilly Pulitzer, known for colorful women’s, men’s and children’s apparel, accessories and home products; and Johnny Was, which specializes in distinctive women’s apparel and accessories.