Macy’s (NYSE:M) Receives Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Macy’s (NYSE:M) in a research note published on Wednesday,Benzinga reports. They currently have a $25.00 price objective on the stock.

A number of other analysts also recently weighed in on the stock. Evercore increased their price target on shares of Macy’s from $14.00 to $21.00 and gave the company a “cautious” rating in a report on Friday, December 5th. UBS Group raised their target price on Macy’s from $8.00 to $9.00 and gave the stock a “sell” rating in a research report on Monday, March 9th. Guggenheim initiated coverage on shares of Macy’s in a research report on Tuesday, December 9th. They issued a “neutral” rating on the stock. Citigroup reissued a “neutral” rating on shares of Macy’s in a research note on Wednesday, February 18th. Finally, Morgan Stanley increased their price target on shares of Macy’s from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Friday, December 5th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $20.00.

Macy’s Stock Up 4.8%

Shares of Macy’s stock opened at $17.73 on Wednesday. The company has a quick ratio of 0.18, a current ratio of 1.25 and a debt-to-equity ratio of 0.56. The stock has a 50 day moving average price of $20.47 and a two-hundred day moving average price of $20.03. The stock has a market capitalization of $4.71 billion, a P/E ratio of 10.49 and a beta of 1.51. Macy’s has a 12-month low of $9.76 and a 12-month high of $24.41.

Macy’s (NYSE:M) last posted its earnings results on Wednesday, March 18th. The company reported $1.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.12. Macy’s had a net margin of 2.10% and a return on equity of 15.57%. The business had revenue of $7.92 billion for the quarter, compared to analyst estimates of $7.48 billion. During the same period last year, the business posted $1.80 EPS. Macy’s’s revenue was down 1.7% compared to the same quarter last year. Equities analysts expect that Macy’s will post 2.39 earnings per share for the current year.

Macy’s Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Investors of record on Friday, March 13th will be paid a dividend of $0.1915 per share. This represents a $0.77 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, March 13th. This is a positive change from Macy’s’s previous quarterly dividend of $0.18. Macy’s’s dividend payout ratio (DPR) is currently 45.56%.

Hedge Funds Weigh In On Macy’s

Large investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Macy’s during the 2nd quarter worth approximately $58,743,000. Schroder Investment Management Group increased its position in Macy’s by 104.5% during the second quarter. Schroder Investment Management Group now owns 9,627,790 shares of the company’s stock worth $112,260,000 after buying an additional 4,920,821 shares during the last quarter. Marshall Wace LLP acquired a new position in shares of Macy’s during the 4th quarter worth approximately $69,562,000. Goldman Sachs Group Inc. raised its position in shares of Macy’s by 67.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 6,823,034 shares of the company’s stock valued at $150,448,000 after purchasing an additional 2,750,115 shares during the period. Finally, Invesco Ltd. raised its holdings in Macy’s by 160.5% in the 2nd quarter. Invesco Ltd. now owns 4,283,107 shares of the company’s stock valued at $49,941,000 after acquiring an additional 2,639,132 shares during the period. Institutional investors own 87.36% of the company’s stock.

Trending Headlines about Macy’s

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

• Positive Sentiment: Macy’s reported Q4 beat on both EPS and revenue, driven by positive comparable‑store sales across its nameplates and strong Bloomingdale’s results — a key catalyst for intraday buying. MarketBeat: Q4 Results & Call
• Positive Sentiment: Management credited a structural shift — greater use of loyalty data, AI and refreshed store formats — for returning the company to comparable‑sales growth, supporting a more constructive narrative on execution. PYMNTS: AI, Stores & Loyalty
• Neutral Sentiment: Investor interest ramped up ahead of the print — unusually large call‑option volume was recorded, signaling speculative/leveraged positioning that can amplify moves in either direction. (Options volume data)
• Neutral Sentiment: Analysts are split: Telsey reaffirmed market‑perform with a $25 target, while JPMorgan trimmed its target from $24 to $21 and moved to neutral — both signal cautious optimism but reduce conviction among some investors. Benzinga: Analyst Note
• Negative Sentiment: Management issued mixed/soft guidance for the coming year, forecasting weaker annual sales and profit amid tight consumer spending — this tempers the upside from the quarter and explains some profit‑taking pressure. Reuters: Weak Annual Sales Forecast
• Negative Sentiment: Hotter‑than‑expected producer inflation readings (PPI) add a macro risk: stickier input prices or broader inflation could pressure margins or further curb consumer spending. Zacks: PPI Comes in Hot

About Macy’s

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.