Macy’s (NYSE:M) Stock Crosses Above 200 Day Moving Average – What’s Next?

Shares of Macy’s, Inc. (NYSE:M) passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $20.91 and traded as high as $25.07. Macy’s shares last traded at $23.6630, with a volume of 5,597,202 shares trading hands.

Analysts Set New Price Targets

M has been the subject of a number of research reports. Wall Street Zen raised Macy’s from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Zacks Research raised shares of Macy’s from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. Telsey Advisory Group lifted their price objective on shares of Macy’s from $20.00 to $23.00 and gave the company a “market perform” rating in a research note on Thursday, June 4th. UBS Group restated a “sell” rating on shares of Macy’s in a research note on Thursday, June 4th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Macy’s in a report on Wednesday, July 8th. Two investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Macy’s has an average rating of “Hold” and an average price target of $21.70.

Macy’s Price Performance

The stock has a 50 day simple moving average of $22.51 and a two-hundred day simple moving average of $20.91. The firm has a market cap of $6.22 billion, a PE ratio of 9.78 and a beta of 1.46. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.44 and a current ratio of 1.48.

Macy’s (NYSE:M) last issued its quarterly earnings data on Wednesday, June 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.11. Macy’s had a return on equity of 13.68% and a net margin of 2.94%.The business had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.61 billion. During the same quarter in the previous year, the firm posted $0.16 EPS. The company’s revenue for the quarter was up 1.8% on a year-over-year basis. Macy’s has set its Q2 2026 guidance at 0.290-0.340 EPS and its FY 2026 guidance at 2.000-2.200 EPS. Sell-side analysts expect that Macy’s, Inc. will post 2.19 earnings per share for the current year.

Macy’s Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were issued a $0.1915 dividend. The ex-dividend date of this dividend was Monday, June 15th. This represents a $0.77 dividend on an annualized basis and a yield of 3.2%. Macy’s’s payout ratio is presently 31.40%.

Insider Activity at Macy’s

In other news, SVP Paul Griscom sold 10,077 shares of Macy’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $25.63, for a total transaction of $258,273.51. Following the completion of the transaction, the senior vice president directly owned 25,373 shares of the company’s stock, valued at $650,309.99. The trade was a 28.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thomas Jr. Edwards sold 16,419 shares of Macy’s stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $24.89, for a total transaction of $408,668.91. Following the transaction, the executive vice president directly owned 20,000 shares of the company’s stock, valued at approximately $497,800. This trade represents a 45.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Corporate insiders own 1.05% of the company’s stock.

Institutional Trading of Macy’s

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC acquired a new position in shares of Macy’s in the fourth quarter worth about $28,000. V Square Quantitative Management LLC acquired a new stake in shares of Macy’s during the 4th quarter valued at about $29,000. Smartleaf Asset Management LLC grew its position in shares of Macy’s by 51.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock valued at $34,000 after acquiring an additional 526 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Macy’s by 35.9% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,838 shares of the company’s stock valued at $41,000 after purchasing an additional 486 shares in the last quarter. Finally, CoreCap Advisors LLC increased its stake in shares of Macy’s by 7,265.6% in the 4th quarter. CoreCap Advisors LLC now owns 2,357 shares of the company’s stock valued at $52,000 after purchasing an additional 2,325 shares in the last quarter. Institutional investors and hedge funds own 87.36% of the company’s stock.

Macy’s Company Profile

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.