Telsey Advisory Group Reaffirms Market Perform Rating for Macy’s (NYSE:M)

Macy’s (NYSE:M)‘s stock had its “market perform” rating reissued by research analysts at Telsey Advisory Group in a report released on Wednesday, MarketBeat.com reports. They presently have a $20.00 price target on the stock, down from their prior price target of $25.00. Telsey Advisory Group’s price objective would suggest a potential upside of 10.75% from the company’s current price.

A number of other analysts also recently issued reports on the stock. Evercore increased their price target on shares of Macy’s from $14.00 to $21.00 and gave the stock a “cautious” rating in a report on Friday, December 5th. Zacks Research cut shares of Macy’s from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. UBS Group upped their price objective on shares of Macy’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research report on Monday, March 9th. The Goldman Sachs Group increased their target price on shares of Macy’s from $16.50 to $22.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Finally, Guggenheim initiated coverage on Macy’s in a research report on Tuesday, December 9th. They set a “neutral” rating on the stock. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $18.90.

Macy’s Stock Up 1.9%

Shares of M stock opened at $18.06 on Wednesday. Macy’s has a twelve month low of $9.76 and a twelve month high of $24.41. The stock has a market cap of $4.80 billion, a P/E ratio of 7.78 and a beta of 1.51. The stock has a 50 day moving average of $20.36 and a 200 day moving average of $20.02. The company has a current ratio of 1.49, a quick ratio of 0.18 and a debt-to-equity ratio of 0.50.

Macy’s (NYSE:M) last released its quarterly earnings data on Wednesday, March 18th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.55 by $0.12. The business had revenue of $7.92 billion for the quarter, compared to analyst estimates of $7.48 billion. Macy’s had a return on equity of 14.22% and a net margin of 2.84%.The business’s quarterly revenue was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.80 EPS. As a group, sell-side analysts expect that Macy’s will post 2.39 EPS for the current year.

Institutional Trading of Macy’s

A number of hedge funds have recently bought and sold shares of M. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Macy’s by 38.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 162,989 shares of the company’s stock worth $2,047,000 after purchasing an additional 45,149 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Macy’s by 5.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,116,170 shares of the company’s stock valued at $14,019,000 after purchasing an additional 55,821 shares during the last quarter. Focus Partners Wealth lifted its position in Macy’s by 33.1% during the first quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock worth $731,000 after buying an additional 14,489 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in Macy’s by 3.6% during the second quarter. PNC Financial Services Group Inc. now owns 26,306 shares of the company’s stock worth $307,000 after buying an additional 907 shares during the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its stake in Macy’s by 5.8% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 105,312 shares of the company’s stock worth $1,228,000 after buying an additional 5,781 shares during the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Key Stories Impacting Macy’s

Here are the key news stories impacting Macy’s this week:

• Positive Sentiment: Q4 beat on revenue and EPS; Macy’s reported $7.92B in revenue and $1.67 adjusted EPS, both topping estimates and driven by positive comps. Macy’s (NYSE:M) Q4 CY2025: Beats On Revenue, Stock Soars
• Positive Sentiment: Management attributes the turnaround to AI, reimagined stores and better use of loyalty data — a structural change that supports sustainable comp recovery. Macy’s Credits AI, Reimagined Stores and Loyalty Data for Return to Growth
• Positive Sentiment: Market reaction: shares jumped after the print as investors rotated back into the name on the surprise sales metric and progress at Bloomingdale’s. Why Are Macy’s (M) Shares Soaring Today
• Neutral Sentiment: Company provided slides and an earnings presentation for the quarter — useful for investors evaluating the durability of the comp rebound and store-refresh plans. Macy’s, Inc. 2025 Q4 – Results – Earnings Call Presentation
• Neutral Sentiment: Several firms pared price targets and kept neutral/hold ratings (TD Cowen to $20 hold; JPMorgan to $21 neutral; Telsey reaffirmed market perform at $20) — these cuts temper upside despite the beat. Macy’s Analysts Slash Their Forecasts After Q4 Results
• Negative Sentiment: Macy’s issued cautious full-year guidance (forecasting weaker annual sales/profit), and Reuters highlights the company’s warning on tight consumer spending and only mid-year tariff relief — a near-term headwind for estimates. Macy’s forecasts weak annual sales, profit; sees tariff relief
• Negative Sentiment: Some analysts cut targets aggressively (Citigroup to $18, roughly in line with the current price) — indicates skepticism about upside absent clearer evidence that comps will sustain. Benzinga: Analyst Coverage

About Macy’s

Macy’s, Inc is a leading American omnichannel retailer operating under the Macy’s brand, as well as specialty divisions Bloomingdale’s and Bluemercury. The company’s retail portfolio encompasses full-line department stores, fashion-focused specialty outlets and a high-end beauty chain, offering consumers a wide array of apparel, footwear, accessories, cosmetics and home furnishings. Through its integrated network of physical stores and digital platforms, Macy’s seeks to deliver a seamless shopping experience that blends in-store service with online convenience.

The company’s product assortment spans men’s, women’s and children’s clothing, beauty and personal care products, housewares and home décor.