Macy’s, Inc. (NYSE:M) Given Consensus Recommendation of “Hold” by Analysts

Shares of Macy’s, Inc. (NYSE:M) have been given a consensus rating of “Hold” by the fourteen analysts that are currently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and two have given a buy recommendation to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $21.70.

A number of brokerages have issued reports on M. Wall Street Zen raised shares of Macy’s from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. TD Cowen upped their target price on shares of Macy’s from $20.00 to $25.00 and gave the stock a “hold” rating in a research report on Monday, June 22nd. Jefferies Financial Group reaffirmed a “buy” rating and set a $22.00 target price on shares of Macy’s in a research note on Wednesday, March 18th. Morgan Stanley reiterated an “overweight” rating and issued a $30.00 price target on shares of Macy’s in a research note on Monday, July 6th. Finally, Citigroup lifted their target price on Macy’s from $18.00 to $22.00 and gave the stock a “neutral” rating in a report on Thursday, June 4th.

Macy’s Price Performance

Shares of Macy’s stock traded down $0.02 during trading hours on Tuesday, hitting $22.66. The company’s stock had a trading volume of 4,641,975 shares, compared to its average volume of 5,457,760. The business has a 50 day moving average price of $22.10 and a two-hundred day moving average price of $20.88. Macy’s has a 12-month low of $11.77 and a 12-month high of $26.10. The company has a market cap of $5.96 billion, a PE ratio of 9.36 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 released its earnings results on Wednesday, June 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.11. The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.61 billion. Macy’s had a return on equity of 13.68% and a net margin of 2.94%.The firm’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the business posted $0.16 earnings per share. 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. Analysts expect that Macy’s will post 2.19 earnings per share for the current fiscal year.

Macy’s Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were issued a $0.1915 dividend. The ex-dividend date was Monday, June 15th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 3.4%. Macy’s’s payout ratio is 31.40%.

Insider Activity at Macy’s

In other news, SVP Paul Griscom sold 10,077 shares of the firm’s stock in a transaction dated Thursday, June 25th. The shares were sold at an average price of $25.63, for a total value of $258,273.51. Following the completion of the sale, the senior vice president owned 25,373 shares in the company, valued at approximately $650,309.99. This trade represents a 28.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thomas Jr. Edwards sold 16,419 shares of the stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $24.89, for a total transaction of $408,668.91. Following the completion of the sale, the executive vice president directly owned 20,000 shares in the company, valued at $497,800. This trade represents a 45.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders own 1.05% of the company’s stock.

Institutional Trading of Macy’s

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