Oxford Industries (NYSE:OXM) Receives “Sector Weight” Rating from KeyCorp

Oxford Industries (NYSE:OXM)‘s stock had its “sector weight” rating reissued by investment analysts at KeyCorp in a report released on Friday, MarketBeat.com reports. KeyCorp also issued estimates for Oxford Industries’ FY2027 earnings at $5.64 EPS.

A number of other research analysts have also recently commented on the company. UBS Group lowered their target price on Oxford Industries from $81.00 to $80.00 and set a “neutral” rating for the company in a research note on Thursday, December 12th. Telsey Advisory Group dropped their target price on shares of Oxford Industries from $86.00 to $68.00 and set a “market perform” rating on the stock in a report on Monday, March 24th.

Oxford Industries Price Performance

Shares of Oxford Industries stock opened at $58.93 on Friday. The business has a 50 day moving average of $69.73 and a 200 day moving average of $76.68. Oxford Industries has a 52 week low of $53.23 and a 52 week high of $111.46. The company has a market cap of $925.26 million, a PE ratio of 66.21 and a beta of 1.61. The company has a quick ratio of 0.71, a current ratio of 1.42 and a debt-to-equity ratio of 0.09.

Oxford Industries (NYSE:OXM) last issued its quarterly earnings data on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, topping the consensus estimate of $1.28 by $0.09. The business had revenue of $390.51 million during the quarter, compared to analyst estimates of $383.94 million. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.90 EPS. As a group, equities research analysts forecast that Oxford Industries will post 6.62 earnings per share for the current year.

Insider Buying and Selling at Oxford Industries

In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president now directly owns 1,681 shares in the company, valued at approximately $146,112.52. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 5.70% of the stock is owned by company insiders.

Institutional Investors Weigh In On Oxford Industries

A number of institutional investors have recently made changes to their positions in the company. Wellington Management Group LLP raised its holdings in Oxford Industries by 4.9% in the 4th quarter. Wellington Management Group LLP now owns 580,580 shares of the textile maker’s stock worth $45,738,000 after acquiring an additional 27,198 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Oxford Industries by 20.5% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 24,329 shares of the textile maker’s stock worth $1,917,000 after purchasing an additional 4,141 shares in the last quarter. Vident Advisory LLC raised its stake in shares of Oxford Industries by 9.0% in the fourth quarter. Vident Advisory LLC now owns 8,249 shares of the textile maker’s stock worth $650,000 after purchasing an additional 683 shares during the last quarter. ProShare Advisors LLC lifted its holdings in shares of Oxford Industries by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker’s stock valued at $352,000 after purchasing an additional 1,376 shares in the last quarter. Finally, Man Group plc purchased a new stake in shares of Oxford Industries during the fourth quarter valued at $3,119,000. Hedge funds and other institutional investors own 91.16% of the company’s stock.

Oxford Industries Company Profile

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.