Investment Analysts’ Recent Ratings Changes for Macy’s (M)

A number of research firms have changed their ratings and price targets for Macy’s (NYSE: M):

• 9/18/2025 – Macy’s had its price target raised by analysts at Morgan Stanley from $12.00 to $16.00. They now have an “equal weight” rating on the stock.
• 9/18/2025 – Macy’s was upgraded by analysts at Zacks Research from a “hold” rating to a “strong-buy” rating.
• 9/4/2025 – Macy’s had its price target raised by analysts at UBS Group AG from $6.00 to $6.50. They now have a “sell” rating on the stock.
• 9/4/2025 – Macy’s had its price target raised by analysts at Citigroup Inc. from $12.00 to $16.00. They now have a “neutral” rating on the stock.
• 9/4/2025 – Macy’s had its price target raised by analysts at The Goldman Sachs Group, Inc. from $13.00 to $14.50. They now have a “neutral” rating on the stock.
• 9/4/2025 – Macy’s had its price target raised by analysts at Barclays PLC from $12.00 to $15.00. They now have an “equal weight” rating on the stock.
• 9/3/2025 – Macy’s had its price target raised by analysts at Jefferies Financial Group Inc. from $14.50 to $18.50. They now have a “buy” rating on the stock.
• 9/3/2025 – Macy’s had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $17.00 price target on the stock, up previously from $14.00.
• 8/27/2025 – Macy’s had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $14.00 price target on the stock.
• 7/28/2025 – Macy’s had its price target raised by analysts at JPMorgan Chase & Co. from $12.00 to $16.00. They now have a “neutral” rating on the stock.

Macy’s Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 1st. Shareholders of record on Monday, September 15th will be paid a $0.1824 dividend. This represents a $0.73 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Monday, September 15th. Macy’s’s dividend payout ratio is 41.71%.

Insiders Place Their Bets

In other Macy’s news, SVP Paul Griscom sold 12,843 shares of the company’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $17.26, for a total value of $221,670.18. Following the completion of the transaction, the senior vice president owned 23,379 shares in the company, valued at $403,521.54. This represents a 35.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Danielle L. Kirgan sold 100,000 shares of the company’s stock in a transaction on Friday, September 5th. The shares were sold at an average price of $17.30, for a total value of $1,730,000.00. Following the completion of the transaction, the executive vice president owned 286,161 shares of the company’s stock, valued at $4,950,585.30. This trade represents a 25.90% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 212,843 shares of company stock valued at $3,726,670 in the last 90 days. Corporate insiders own 1.09% of the company’s stock.

Macy’s, Inc engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm’s brands include Macy’s, Bloomingdale’s, and Bluemercury. It offers men’s, women’s, and children’s apparel, women’s accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products.