Macy’s, Inc. (NYSE:M) Stock Now Rated “Hold” by Wall Street Brokerages

Shares of Macy’s, Inc. (NYSE:M) have been given a consensus rating of “Hold” by the thirteen research firms that are covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The average 1 year price target among analysts that have issued a report on the stock in the last year is $22.78.

A number of equities research analysts have recently issued reports on M shares. Weiss Ratings upgraded shares of Macy’s from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. BTIG Research reissued a “neutral” rating on shares of Macy’s in a research note on Friday, September 11th. Morgan Stanley reissued an “overweight” rating and issued a $30.00 price target on shares of Macy’s in a research note on Monday, July 6th. TD Cowen reiterated a “hold” rating on shares of Macy’s in a report on Monday, September 14th. Finally, UBS Group reissued a “sell” rating on shares of Macy’s in a research note on Thursday, September 17th.

Macy’s Trading Up 0.1%

Macy’s stock opened at $23.44 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.48 and a current ratio of 1.59. The firm has a market cap of $6.12 billion, a price-to-earnings ratio of 8.59 and a beta of 1.44. Macy’s has a 1 year low of $16.69 and a 1 year high of $26.58. The firm’s 50 day moving average price is $22.69 and its two-hundred day moving average price is $22.30.

Macy’s (NYSE:M) last posted its quarterly earnings results on Thursday, September 10th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.26. Macy’s had a return on equity of 13.21% and a net margin of 3.29%. The company had revenue of $5.06 billion for the quarter, compared to analysts’ expectations of $4.81 billion. During the same quarter in the prior year, the company earned $0.41 earnings per share. The firm’s revenue was up 1.1% on a year-over-year basis. Macy’s has set its Q3 2026 guidance at -0.230–0.190 EPS and its FY 2026 guidance at 2.150-2.350 EPS. On average, research analysts predict that Macy’s will post 2.34 EPS for the current fiscal year.

Macy’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Tuesday, September 15th were paid a $0.1915 dividend. The ex-dividend date was Tuesday, September 15th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 3.3%. Macy’s’s payout ratio is presently 28.21%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Crossmark Global Holdings Inc. grew its position in Macy’s by 8.5% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 341,051 shares of the company’s stock worth $7,766,000 after purchasing an additional 26,597 shares during the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Macy’s by 1.2% during the 3rd quarter. Quadrant Capital Group LLC now owns 38,035 shares of the company’s stock worth $865,000 after purchasing an additional 461 shares in the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of Macy’s by 2.1% during the 3rd quarter. Nisa Investment Advisors LLC now owns 39,427 shares of the company’s stock worth $905,000 after purchasing an additional 804 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in shares of Macy’s by 54.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 31,798 shares of the company’s stock worth $724,000 after purchasing an additional 11,211 shares in the last quarter. Finally, V Square Quantitative Management LLC increased its position in shares of Macy’s by 48.4% during the third quarter. V Square Quantitative Management LLC now owns 1,939 shares of the company’s stock valued at $44,000 after purchasing an additional 632 shares during the period. 87.36% of the stock is currently owned by institutional investors and hedge funds.

Macy’s Company Profile

Macy’s, Inc (NYSE: M) is an American omnichannel retailer that operates department stores and e-commerce businesses. Its merchandise includes apparel, accessories, beauty products, fragrances, home furnishings, jewelry, and other consumer goods.

The company operates through three primary retail brands: Macy’s, Bloomingdale’s, and Bluemercury. Macy’s serves a broad customer base with fashion, beauty, and home products, while Bloomingdale’s focuses on premium and luxury merchandise. Bluemercury operates specialty beauty stores and provides skincare, cosmetics, and related services.

Founded in 1858 by Rowland Hussey Macy, the company has grown into one of the best-known department-store retailers in the United States.