Macy’s’ (M) Market Perform Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Macy’s (NYSE:M) in a research report sent to investors on Wednesday, MarketBeat reports. Telsey Advisory Group currently has a $21.00 price target on the stock. Telsey Advisory Group also issued estimates for Macy’s’ Q3 2025 earnings at ($0.01) EPS, FY2025 earnings at $2.70 EPS, Q1 2026 earnings at $0.33 EPS, Q2 2026 earnings at $0.42 EPS, Q4 2026 earnings at $2.03 EPS and FY2026 earnings at $2.70 EPS.

Other analysts have also issued reports about the stock. JPMorgan Chase & Co. increased their price target on shares of Macy’s from $25.00 to $27.00 and gave the company an overweight rating in a research report on Wednesday, May 22nd. StockNews.com started coverage on shares of Macy’s in a research report on Wednesday, August 14th. They issued a hold rating on the stock. TD Cowen increased their price target on shares of Macy’s from $20.00 to $21.00 and gave the company a hold rating in a research report on Wednesday, May 22nd. Finally, Evercore ISI lowered their price target on shares of Macy’s from $22.00 to $17.00 and set an in-line rating on the stock in a research report on Tuesday, July 16th. Seven analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, Macy’s currently has an average rating of Hold and a consensus target price of $19.50.

Macy’s Trading Up 5.1 %

Shares of Macy’s stock opened at $15.95 on Wednesday. Macy’s has a 12-month low of $10.54 and a 12-month high of $22.10. The company has a current ratio of 1.38, a quick ratio of 0.35 and a debt-to-equity ratio of 0.72. The stock has a market cap of $4.41 billion, a PE ratio of 531.67 and a beta of 2.18. The company has a 50-day moving average of $17.38 and a two-hundred day moving average of $18.72.

Macy’s (NYSE:M) last issued its earnings results on Wednesday, August 21st. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.23. The company had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $5.06 billion. Macy’s had a net margin of 0.05% and a return on equity of 21.40%. The firm’s quarterly revenue was down 3.8% compared to the same quarter last year. During the same period last year, the company posted $0.26 earnings per share. On average, research analysts anticipate that Macy’s will post 2.79 EPS for the current fiscal year.

Macy’s Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 1st. Investors of record on Friday, September 13th will be given a dividend of $0.1737 per share. This represents a $0.69 dividend on an annualized basis and a yield of 4.36%. Macy’s’s dividend payout ratio (DPR) is currently 2,300.00%.

Insider Buying and Selling

In other Macy’s news, CEO Antony Spring sold 18,981 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $18.96, for a total transaction of $359,879.76. Following the transaction, the chief executive officer now owns 267,265 shares of the company’s stock, valued at $5,067,344.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other Macy’s news, EVP Danielle L. Kirgan sold 24,147 shares of the stock in a transaction that occurred on Wednesday, July 10th. The shares were sold at an average price of $18.96, for a total transaction of $457,827.12. Following the transaction, the executive vice president now owns 348,000 shares of the company’s stock, valued at $6,598,080. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Antony Spring sold 18,981 shares of the stock in a transaction that occurred on Wednesday, July 10th. The stock was sold at an average price of $18.96, for a total transaction of $359,879.76. Following the transaction, the chief executive officer now directly owns 267,265 shares in the company, valued at approximately $5,067,344.40. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 43,464 shares of company stock worth $824,081. 2.77% of the stock is owned by insiders.

Hedge Funds Weigh In On Macy’s

Hedge funds have recently made changes to their positions in the business. Glassman Wealth Services raised its stake in shares of Macy’s by 154.5% in the 4th quarter. Glassman Wealth Services now owns 1,224 shares of the company’s stock valued at $25,000 after acquiring an additional 743 shares during the period. Lindbrook Capital LLC raised its stake in shares of Macy’s by 253.1% in the 4th quarter. Lindbrook Capital LLC now owns 1,317 shares of the company’s stock valued at $26,000 after acquiring an additional 944 shares during the period. Riverview Trust Co purchased a new position in shares of Macy’s in the 1st quarter valued at $27,000. Fidelis Capital Partners LLC purchased a new position in shares of Macy’s in the 1st quarter valued at $42,000. Finally, Future Financial Wealth Managment LLC purchased a new position in shares of Macy’s in the 1st quarter valued at $50,000. Hedge funds and other institutional investors own 87.36% of the company’s stock.

About Macy’s

Macy's, Inc, an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands.