Macy’s, Inc. $M Shares Sold by Savant Capital LLC

Savant Capital LLC lowered its stake in Macy’s, Inc. (NYSE:M) by 70.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 18,063 shares of the company’s stock after selling 43,065 shares during the quarter. Savant Capital LLC’s holdings in Macy’s were worth $398,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of M. Strengthening Families & Communities LLC acquired a new stake in Macy’s in the 4th quarter valued at about $28,000. V Square Quantitative Management LLC acquired a new stake in Macy’s in the 4th quarter valued at about $29,000. Bessemer Group Inc. raised its position in Macy’s by 41.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,023 shares of the company’s stock valued at $37,000 after purchasing an additional 592 shares in the last quarter. Hantz Financial Services Inc. raised its position in Macy’s by 101.1% in the 3rd quarter. Hantz Financial Services Inc. now owns 2,311 shares of the company’s stock valued at $41,000 after purchasing an additional 1,162 shares in the last quarter. Finally, CoreCap Advisors LLC raised its position in 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 Trading Down 3.7%

Shares of M stock opened at $22.19 on Friday. The business’s 50 day moving average is $19.62 and its two-hundred day moving average is $20.56. Macy’s, Inc. has a twelve month low of $10.54 and a twelve month high of $24.41. The company has a market capitalization of $5.85 billion, a P/E ratio of 9.17 and a beta of 1.48. The company has a current ratio of 1.48, a quick ratio of 0.50 and a debt-to-equity ratio of 0.50.

Macy’s (NYSE:M) last announced its earnings results on Wednesday, June 3rd. The company reported $0.13 earnings per share 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 company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.61 billion. During the same period last year, the business posted $0.16 EPS. The company’s revenue 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. Equities analysts forecast that Macy’s, Inc. will post 2.13 EPS for the current year.

Macy’s Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th will be paid a $0.1915 dividend. This represents a $0.77 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Monday, June 15th. Macy’s’s dividend payout ratio (DPR) is 31.82%.

Insider Buying and Selling

In other Macy’s news, CEO Olivier Bron sold 7,228 shares of Macy’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $17.92, for a total value of $129,525.76. Following the transaction, the chief executive officer directly owned 21,590 shares in the company, valued at approximately $386,892.80. This trade represents a 25.08% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Antony Spring sold 50,044 shares of Macy’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $17.92, for a total value of $896,788.48. Following the completion of the transaction, the chief executive officer owned 485,791 shares in the company, valued at $8,705,374.72. This trade represents a 9.34% 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. Over the last quarter, insiders have sold 94,967 shares of company stock valued at $1,705,276. Company insiders own 1.05% of the company’s stock.

Analyst Ratings Changes

M has been the topic of several research analyst reports. JPMorgan Chase & Co. raised their target price on Macy’s from $21.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday. Telsey Advisory Group raised their target price on Macy’s from $20.00 to $23.00 and gave the stock a “market perform” rating in a research report on Thursday. TD Cowen cut their target price on Macy’s from $21.00 to $20.00 and set a “hold” rating on the stock in a research report on Thursday, March 19th. UBS Group reissued a “sell” rating on shares of Macy’s in a research report on Thursday. Finally, Zacks Research raised Macy’s from a “strong sell” rating to a “hold” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Macy’s has a consensus rating of “Reduce” and an average price target of $20.30.

More Macy’s News

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

• Positive Sentiment: Macy’s reported earnings that topped estimates across the board, with comps rising 3% year over year and management raising its full-year outlook, signaling that the turnaround strategy is working. Why Is Macy’s (M) Stock Rocketing Higher Today
• Positive Sentiment: JPMorgan and Telsey both raised their price targets on Macy’s, reflecting improved confidence in the company’s earnings power and recovery trajectory. Price target raised by JPMorgan Chase & Co.
• Positive Sentiment: Traders bought significantly more call options than usual, a sign that some investors are positioning for additional upside after the earnings beat.
• Neutral Sentiment: Macy’s also announced it will participate in the Evercore Consumer and Retail Conference, which keeps the company in front of investors but does not materially change fundamentals. Macy’s, Inc. to Participate in 6th Annual Evercore Consumer and Retail Conference
• Neutral Sentiment: Coverage also highlighted Berkshire Hathaway’s new stake in Macy’s and broader interest in the retailer’s improving prospects, adding to the bullish narrative around the stock. Why Macy’s Stock Jumped 11% in May
• Negative Sentiment: The removal of Macy’s long-running Herald Square “shopping bag” billboard is a symbolic change, but it is more of a branding/cultural story than a direct financial driver. Macy’s 60-year-old ‘shopping bag’ billboard in Herald Square to be demolished

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.