173,460 Shares of Macy’s, Inc. $M Acquired by Knights of Columbus Asset Advisors LLC

Posted by Geri Gentry on Nov 11th, 2026

Macy's logo Knights of Columbus Asset Advisors LLC bought a new position in shares of Macy’s, Inc. (NYSE:M – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The firm bought 173,460 shares of the company’s stock, valued at approximately $3,950,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Dimensional Fund Advisors LP boosted its position in shares of Macy’s by 2.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 16,475,647 shares of the company’s stock valued at $298,035,000 after acquiring an additional 329,675 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Macy’s by 81.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 5,763,721 shares of the company’s stock worth $104,266,000 after purchasing an additional 2,594,549 shares during the last quarter. Bank of New York Mellon Corp bought a new position in shares of Macy’s in the second quarter worth approximately $67,450,000. Pacer Advisors Inc. raised its stake in Macy’s by 40.7% in the first quarter. Pacer Advisors Inc. now owns 1,881,348 shares of the company’s stock valued at $34,034,000 after purchasing an additional 543,867 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new stake in Macy’s in the second quarter valued at approximately $32,562,000. 87.36% of the stock is currently owned by institutional investors.

Macy’s Trading Up 0.8%

Shares of M stock opened at $25.14 on Wednesday. The company has a quick ratio of 0.48, a current ratio of 1.59 and a debt-to-equity ratio of 0.49. The business has a 50-day moving average price of $23.06 and a two-hundred day moving average price of $21.79. Macy’s, Inc. has a 12-month low of $16.69 and a 12-month high of $26.58. The firm has a market cap of $6.57 billion, a P/E ratio of 9.21 and a beta of 1.39.

Macy’s (NYSE:M – Get Free Report) last posted its quarterly earnings data on Thursday, September 10th. The company reported $0.63 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.37 by $0.26. The firm had revenue of $5.06 billion during the quarter, compared to analysts’ expectations of $4.81 billion. Macy’s had a return on equity of 13.21% and a net margin of 3.29%. The company’s revenue for the quarter was up 1.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.41 EPS. 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. Equities analysts anticipate that Macy’s, Inc. will post 2.32 EPS for the current fiscal year.

Macy’s Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 4th. Investors of record on Tuesday, December 15th will be given a $0.1915 dividend. The ex-dividend date is Tuesday, December 15th. This represents a $0.77 dividend on an annualized basis and a yield of 3.0%. Macy’s’s payout ratio is presently 27.84%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on M. Wall Street Zen upgraded shares of Macy’s from a “hold” rating to a “buy” rating in a research report on Saturday. TD Cowen started coverage on shares of Macy’s in a research note on Friday, October 30th. They issued a “hold” rating for the company. UBS Group reissued a “sell” rating on shares of Macy’s in a report on Thursday, September 17th. Citigroup raised their price objective on shares of Macy’s from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, August 25th. Finally, Weiss Ratings upgraded shares of Macy’s from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $22.78.

View Our Latest Stock Analysis on Macy’s

Macy’s Profile

(Free Report)

Macy’s, Inc. is a U.S. retailer operating department stores and digital shopping platforms under the Macy’s, Bloomingdale’s and Bluemercury brands. Its offerings include apparel, footwear, accessories, beauty products, jewelry, home furnishings and other consumer goods. The company traces its history to 1858, when Rowland Hussey Macy opened a dry-goods store in New York City. Macy’s, Inc. serves customers primarily in the United States through its stores and e-commerce businesses. Tony Spring, who previously led Bloomingdale’s, became Macy’s, Inc.’s chief executive officer in 2024.