Oxford Industries, Inc. (NYSE:OXM – Free Report) – Equities researchers at Telsey Advisory Group lowered their Q3 2026 EPS estimates for Oxford Industries in a report issued on Monday, March 24th. Telsey Advisory Group analyst D. Telsey now forecasts that the textile maker will earn ($0.16) per share for the quarter, down from their prior estimate of ($0.09). Telsey Advisory Group has a “Market Perform” rating and a $68.00 price objective on the stock. The consensus estimate for Oxford Industries’ current full-year earnings is $6.62 per share.
A number of other research firms have also recently issued reports on OXM. UBS Group reduced their target price on shares of Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, December 12th. KeyCorp reduced their price objective on shares of Oxford Industries from $95.00 to $80.00 and set an “overweight” rating for the company in a research note on Tuesday, March 18th.
Oxford Industries Trading Up 1.5 %
Shares of NYSE OXM opened at $62.69 on Wednesday. The business has a 50 day simple moving average of $70.26 and a 200 day simple moving average of $76.88. Oxford Industries has a 52 week low of $54.02 and a 52 week high of $113.88. The stock has a market cap of $984.30 million, a price-to-earnings ratio of 70.44 and a beta of 1.61. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.71 and a current ratio of 1.42.
Oxford Industries (NYSE:OXM – Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.28 by $0.09. Oxford Industries had a return on equity of 19.09% and a net margin of 0.98%. The firm had revenue of $390.51 million during the quarter, compared to analysts’ expectations of $383.94 million. During the same quarter last year, the firm earned $1.90 earnings per share. The business’s revenue for the quarter was down 3.4% on a year-over-year basis.
Institutional Investors Weigh In On Oxford Industries
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Advisors Asset Management Inc. lifted its stake in shares of Oxford Industries by 223.3% in the third quarter. Advisors Asset Management Inc. now owns 1,568 shares of the textile maker’s stock valued at $136,000 after buying an additional 1,083 shares during the period. Intech Investment Management LLC bought a new stake in Oxford Industries in the third quarter valued at about $502,000. Charles Schwab Investment Management Inc. lifted its stake in Oxford Industries by 4.7% during the third quarter. Charles Schwab Investment Management Inc. now owns 568,234 shares of the textile maker’s stock worth $49,300,000 after purchasing an additional 25,619 shares during the period. Cerity Partners LLC lifted its stake in Oxford Industries by 25.6% during the third quarter. Cerity Partners LLC now owns 10,644 shares of the textile maker’s stock worth $923,000 after purchasing an additional 2,167 shares during the period. Finally, FMR LLC boosted its holdings in Oxford Industries by 36.8% during the third quarter. FMR LLC now owns 906,324 shares of the textile maker’s stock valued at $78,633,000 after purchasing an additional 244,022 shares in the last quarter. 91.16% of the stock is owned by institutional investors and hedge funds.
Insiders Place Their Bets
In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the business’s stock in a transaction on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total transaction of $108,650.00. Following the completion of the transaction, the senior vice president now owns 1,681 shares of the company’s stock, valued at $146,112.52. The trade was a 42.65 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 5.70% of the company’s stock.
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.
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