Macy’s, Inc. (NYSE:M) Receives Average Rating of “Hold” from Brokerages

Posted by Stanley Muller on Aug 8th, 2026

Macy's logo Macy’s, Inc. (NYSE:M – Get Free Report) has received an average recommendation of “Hold” from the fourteen research firms that are covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $21.70.

M has been the subject of a number of recent analyst reports. Wall Street Zen lowered Macy’s from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 2nd. Zacks Research upgraded Macy’s from a “hold” rating to a “strong-buy” rating in a report on Monday, July 27th. Evercore set a $22.00 price target on Macy’s in a research report on Thursday, June 4th. UBS Group reaffirmed a “sell” rating on shares of Macy’s in a research report on Thursday, June 4th. Finally, Citigroup raised their price objective on Macy’s from $18.00 to $22.00 and gave the stock a “neutral” rating in a research report on Thursday, June 4th.

Get Our Latest Research Report on Macy’s

Macy’s Stock Up 1.0%

Shares of M stock opened at $25.38 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.44 and a current ratio of 1.48. The business’s fifty day moving average is $23.94 and its 200-day moving average is $21.16. Macy’s has a 1 year low of $11.89 and a 1 year high of $26.58. The stock has a market cap of $6.68 billion, a PE ratio of 10.49 and a beta of 1.47.

Macy’s (NYSE:M – Get Free Report) last posted its quarterly earnings data 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 net margin of 2.94% and a return on equity of 13.68%. The company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.61 billion. During the same quarter last year, the firm posted $0.16 EPS. The business’s revenue for the quarter 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 expect that Macy’s will post 2.19 earnings per share for the current fiscal year.

Macy’s Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Monday, June 15th were paid a dividend of $0.1915 per share. This represents a $0.77 annualized dividend and a yield of 3.0%. The ex-dividend date was Monday, June 15th. Macy’s’s dividend payout ratio is currently 31.82%.

Insider Activity at Macy’s

In related news, SVP Paul Griscom sold 10,077 shares of the stock in a transaction that occurred on Thursday, June 25th. The stock was sold at an average price of $25.63, for a total transaction of $258,273.51. Following the sale, the senior vice president directly owned 25,373 shares in the company, valued at $650,309.99. This represents a 28.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thomas Jr. Edwards sold 16,419 shares of the business’s stock in a transaction dated Wednesday, June 24th. The stock was sold at an average price of $24.89, for a total transaction of $408,668.91. Following the completion of the transaction, the executive vice president directly owned 20,000 shares of the company’s stock, valued at approximately $497,800. This represents a 45.08% 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. 1.05% of the stock is owned by insiders.

Hedge Funds Weigh In On Macy’s

Several institutional investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Macy’s by 38.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 162,989 shares of the company’s stock valued at $2,047,000 after buying an additional 45,149 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Macy’s by 5.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,116,170 shares of the company’s stock worth $14,019,000 after acquiring an additional 55,821 shares in the last quarter. Focus Partners Wealth grew its position in shares of Macy’s by 33.1% in the 1st quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock valued at $731,000 after acquiring an additional 14,489 shares during the period. Cetera Investment Advisers increased its position in Macy’s by 49.6% during the second quarter. Cetera Investment Advisers now owns 24,300 shares of the company’s stock worth $283,000 after buying an additional 8,053 shares during the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Macy’s by 160.5% during the 2nd quarter. Invesco Ltd. now owns 4,283,107 shares of the company’s stock worth $49,941,000 after acquiring an additional 2,639,132 shares during the last quarter. 87.36% of the stock is currently owned by institutional investors and hedge funds.

Macy’s Company Profile

(Get Free Report)

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.