BlackRock Amends Oxford Industries Stake, Signals Passive Investment
Ticker: OXM · Form: SC 13G/A · Filed: Jan 22, 2024 · CIK: 75288
| Field | Detail |
|---|---|
| Company | Oxford Industries Inc (OXM) |
| Form Type | SC 13G/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock updated its passive stake in Oxford Industries, no major changes.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 22, 2024, indicating its ownership of Oxford Industries Inc. common stock as of December 31, 2023. This filing, an amendment number 3, updates BlackRock's passive investment in the apparel company. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in confidence or strategy regarding Oxford Industries Inc. stock.
Why It Matters
This filing shows BlackRock's continued, albeit passive, interest in Oxford Industries Inc., which can influence market perception and investor confidence in the stock.
Risk Assessment
Risk Level: low — This is a routine amendment by a large institutional investor, indicating a passive stake, which typically carries low immediate risk.
Analyst Insight
Investors should note BlackRock's continued passive stake in Oxford Industries Inc. as a sign of institutional presence, but this filing alone doesn't suggest an immediate need for action, as it's a routine update of a passive investment.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Oxford Industries Inc. (company) — the subject company whose securities are being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 22, 2024 (date) — the filing date of the SC 13G/A amendment
- 691497309 (number) — the CUSIP number for Oxford Industries Inc. Common Stock
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G, as indicated by 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 3)'.
Who is the reporting person in this filing?
The reporting person is BlackRock Inc., as stated under 'FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc.' and '(1)Names of reporting persons. BlackRock, Inc.'.
What is the subject company of this filing?
The subject company is OXFORD INDUSTRIES INC, as identified under 'SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: OXFORD INDUSTRIES INC'.
What is the date of the event that required this filing?
The date of the event which required the filing of this statement is December 31, 2023, as specified by 'December 31, 2023 (Date of Event Which Requires Filing of this Statement)'.
What rule is BlackRock Inc. filing under for this Schedule 13G?
BlackRock Inc. is filing under Rule 13d-1(b), indicated by '[X] Rule 13d-1(b)' on the cover page.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 22, 2024 regarding OXFORD INDUSTRIES INC (OXM).