Oxford Industries (NYSE:OXM) CEO Purchases $175,600.00 in Stock

by · The Cerbat Gem

Oxford Industries, Inc. (NYSE:OXM – Get Free Report) CEO Thomas Caldecot Chubb III acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was purchased at an average price of $35.12 per share, with a total value of $175,600.00. Following the completion of the acquisition, the chief executive officer owned 22,709 shares in the company, valued at $797,540.08. The trade was a 28.23% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink.

Oxford Industries Stock Performance

OXM stock traded up $3.01 on Friday, hitting $34.87. The company had a trading volume of 1,156,027 shares, compared to its average volume of 449,957. The stock’s 50-day simple moving average is $37.49 and its 200 day simple moving average is $41.95. The stock has a market cap of $518.47 million, a price-to-earnings ratio of -105.65 and a beta of 1.11. The company has a current ratio of 1.18, a quick ratio of 0.51 and a debt-to-equity ratio of 0.14. Oxford Industries, Inc. has a 12-month low of $30.57 and a 12-month high of $89.86.

Oxford Industries (NYSE:OXM – Get Free Report) last released its quarterly earnings results on Wednesday, December 10th. The textile maker reported ($0.92) EPS for the quarter, beating the consensus estimate of ($0.95) by $0.03. Oxford Industries had a negative net margin of 0.20% and a positive return on equity of 9.05%. The firm had revenue of $307.34 million during the quarter, compared to analyst estimates of $304.42 million. During the same quarter in the prior year, the firm earned ($0.11) EPS. The business’s revenue for the quarter was down .2% compared to the same quarter last year. Oxford Industries has set its FY 2025 guidance at -1.540–1.320 EPS and its Q4 2025 guidance at 0.000-0.200 EPS. As a group, equities research analysts expect that Oxford Industries, Inc. will post 6.62 earnings per share for the current fiscal year.

Oxford Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Friday, January 16th will be issued a $0.69 dividend. The ex-dividend date of this dividend is Friday, January 16th. This represents a $2.76 annualized dividend and a yield of 7.9%. Oxford Industries’s dividend payout ratio is currently -836.36%.

Institutional Investors Weigh In On Oxford Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Charles Schwab Investment Management Inc. raised its stake in Oxford Industries by 9.1% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 674,889 shares of the textile maker’s stock valued at $39,596,000 after purchasing an additional 56,235 shares during the last quarter. American Century Companies Inc. lifted its position in Oxford Industries by 6.0% in the third quarter. American Century Companies Inc. now owns 595,107 shares of the textile maker’s stock valued at $24,126,000 after buying an additional 33,871 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Oxford Industries by 7.3% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 471,502 shares of the textile maker’s stock valued at $19,115,000 after purchasing an additional 32,226 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of Oxford Industries by 3.3% in the 2nd quarter. Bank of America Corp DE now owns 442,334 shares of the textile maker’s stock valued at $17,804,000 after buying an additional 14,103 shares during the period. Finally, RBO & Co. LLC increased its stake in Oxford Industries by 49.1% during the third quarter. RBO & Co. LLC now owns 294,076 shares of the textile maker’s stock worth $11,922,000 after purchasing an additional 96,787 shares during the period. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Wall Street Analyst Weigh In

OXM has been the topic of a number of recent analyst reports. Zacks Research raised Oxford Industries from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. KeyCorp restated a “sector weight” rating on shares of Oxford Industries in a research note on Thursday. UBS Group reduced their price objective on shares of Oxford Industries from $47.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday. Citigroup dropped their target price on shares of Oxford Industries from $35.00 to $33.00 and set a “neutral” rating for the company in a research report on Friday. Finally, Telsey Advisory Group reduced their target price on Oxford Industries from $52.00 to $35.00 and set a “market perform” rating on the stock in a report on Thursday. Six research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $43.60.

Check Out Our Latest Stock Analysis on Oxford Industries

About Oxford Industries

(Get Free Report)

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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