By otakuyassine3@gmail.com 
Oxford Industries, Inc. (NYSE:OXM – Free Report) – Analysts at Telsey Advisory Group issued their FY2027 earnings per share estimates for shares of Oxford Industries in a note issued to investors on Friday, March 28th. Telsey Advisory Group analyst D. Telsey anticipates that the textile maker will post earnings per share of $5.47 for the year. Telsey Advisory Group currently 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 equities research analysts have also recently issued reports on OXM. UBS Group dropped their price target on shares of Oxford Industries from $66.00 to $57.00 and set a “neutral” rating on the stock in a research note on Friday. KeyCorp reiterated a “sector weight” rating on shares of Oxford Industries in a research report on Friday.
Read Our Latest Stock Report on OXM
Oxford Industries Stock Performance
Shares of OXM stock opened at $58.93 on Monday. The company has a current ratio of 1.42, a quick ratio of 0.71 and a debt-to-equity ratio of 0.09. Oxford Industries has a 12-month low of $53.23 and a 12-month high of $111.46. The business’s 50 day moving average is $69.73 and its two-hundred day moving average is $76.63. The company has a market capitalization of $925.26 million, a P/E ratio of 66.21 and a beta of 1.61.
Oxford Industries (NYSE:OXM – Get Free Report) last released its quarterly earnings results on Thursday, March 27th. The textile maker reported $1.37 EPS for the quarter, beating the consensus estimate of $1.28 by $0.09. Oxford Industries had a net margin of 0.98% and a return on equity of 19.09%. The company had revenue of $390.51 million for the quarter, compared to analyst estimates of $383.94 million. During the same quarter last year, the business earned $1.90 earnings per share. The firm’s revenue was down 3.4% on a year-over-year basis.
Hedge Funds Weigh In On Oxford Industries
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP increased its stake in shares of 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 position in Oxford Industries by 20.5% during the fourth 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 during the last quarter. Vident Advisory LLC increased its position in Oxford Industries by 9.0% during 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 raised its stake in Oxford Industries by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 4,467 shares of the textile maker’s stock worth $352,000 after purchasing an additional 1,376 shares during the period. Finally, Man Group plc acquired a new position in Oxford Industries in the 4th quarter valued at about $3,119,000. Institutional investors and hedge funds own 91.16% of the company’s stock.
Insiders Place Their Bets
In other Oxford Industries news, SVP Tracey Hernandez sold 1,250 shares of the firm’s stock in a transaction that occurred on Tuesday, January 14th. The shares were sold at an average price of $86.92, for a total value of $108,650.00. Following the transaction, the senior vice president now directly owns 1,681 shares of the company’s stock, valued at $146,112.52. This trade represents a 42.65 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 5.70% of the stock is currently owned by corporate insiders.
Oxford Industries Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 2nd. Shareholders of record on Thursday, April 17th will be issued a $0.69 dividend. The ex-dividend date is Thursday, April 17th. This represents a $2.76 dividend on an annualized basis and a yield of 4.68%. This is a positive change from Oxford Industries’s previous quarterly dividend of $0.67. Oxford Industries’s dividend payout ratio (DPR) is presently 301.12%.
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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