Macerich Company (The) $MAC Shares Bought by Northwestern Mutual Wealth Management Co.

Posted by Francis Steltz on May 25th, 2026

Northwestern Mutual Wealth Management Co. raised its stake in shares of Macerich Company (The) (NYSE:MAC – Free Report) by 3,027.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 194,494 shares of the real estate investment trust’s stock after buying an additional 188,276 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Macerich were worth $3,590,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of MAC. State Street Corp grew its holdings in Macerich by 2.4% during the second quarter. State Street Corp now owns 15,162,075 shares of the real estate investment trust’s stock worth $245,322,000 after acquiring an additional 351,907 shares during the period. JPMorgan Chase & Co. grew its holdings in Macerich by 73.2% during the third quarter. JPMorgan Chase & Co. now owns 11,521,554 shares of the real estate investment trust’s stock worth $209,692,000 after acquiring an additional 4,868,844 shares during the period. Ameriprise Financial Inc. grew its holdings in Macerich by 13.4% during the second quarter. Ameriprise Financial Inc. now owns 3,894,230 shares of the real estate investment trust’s stock worth $63,014,000 after acquiring an additional 461,351 shares during the period. Dimensional Fund Advisors LP grew its holdings in Macerich by 5.8% during the third quarter. Dimensional Fund Advisors LP now owns 3,746,730 shares of the real estate investment trust’s stock worth $68,185,000 after acquiring an additional 203,828 shares during the period. Finally, Bamco Inc. NY grew its holdings in Macerich by 18.9% during the third quarter. Bamco Inc. NY now owns 2,909,869 shares of the real estate investment trust’s stock worth $52,960,000 after acquiring an additional 463,102 shares during the period. Institutional investors and hedge funds own 87.38% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms recently commented on MAC. Scotiabank raised their target price on Macerich from $22.00 to $24.00 and gave the stock an “outperform” rating in a report on Tuesday, May 19th. The Goldman Sachs Group raised their target price on Macerich from $17.00 to $19.00 and gave the stock a “sell” rating in a report on Friday, May 15th. Wall Street Zen raised Macerich from a “strong sell” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup raised their target price on Macerich from $21.00 to $24.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, Evercore set a $22.00 target price on Macerich in a report on Friday, May 8th. Seven analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Macerich presently has an average rating of “Hold” and an average price target of $22.17.

Get Our Latest Stock Analysis on Macerich

Macerich Stock Down 0.2%

NYSE MAC opened at $22.12 on Monday. The business has a fifty day moving average price of $20.66 and a 200 day moving average price of $19.22. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.83 and a current ratio of 0.83. The company has a market cap of $5.78 billion, a P/E ratio of -31.15, a P/E/G ratio of 1.51 and a beta of 2.12. Macerich Company has a one year low of $14.82 and a one year high of $22.56.

Macerich (NYSE:MAC – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The real estate investment trust reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.03. The company had revenue of $241.54 million during the quarter, compared to analysts’ expectations of $233.06 million. Macerich had a negative net margin of 18.22% and a negative return on equity of 6.95%. Macerich’s revenue was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 EPS. Research analysts anticipate that Macerich Company will post 1.46 EPS for the current fiscal year.

Macerich Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders of record on Monday, June 15th will be paid a $0.17 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.1%. Macerich’s dividend payout ratio (DPR) is -95.77%.

Macerich Profile

(Free Report)

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich’s core activities encompass property and asset management, leasing, marketing and redevelopment services.