Royce & Associates LP Has $24.70 Million Position in Macy’s, Inc. $M

Posted by Brian Himes on May 27th, 2026

Macy's logo Royce & Associates LP lowered its position in Macy’s, Inc. (NYSE:M – Free Report) by 12.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,120,000 shares of the company’s stock after selling 166,000 shares during the quarter. Royce & Associates LP’s holdings in Macy’s were worth $24,696,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in M. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Macy’s by 38.3% in the first 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 during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Macy’s by 5.3% in 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 valued at $14,019,000 after buying an additional 55,821 shares during the period. Focus Partners Wealth increased its stake in shares of Macy’s by 33.1% in the first quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock valued at $731,000 after buying an additional 14,489 shares during the period. Cetera Investment Advisers increased its stake in shares of Macy’s by 49.6% in the second quarter. Cetera Investment Advisers now owns 24,300 shares of the company’s stock valued at $283,000 after buying an additional 8,053 shares during the period. Finally, Invesco Ltd. increased its stake in shares of Macy’s by 160.5% in the second quarter. Invesco Ltd. now owns 4,283,107 shares of the company’s stock valued at $49,941,000 after buying an additional 2,639,132 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

Insider Activity at Macy’s

In other news, CEO Olivier Bron sold 7,228 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $17.92, for a total transaction of $129,525.76. Following the completion of the sale, the chief executive officer owned 21,590 shares of the company’s stock, valued at $386,892.80. This trade represents a 25.08% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Antony Spring sold 50,044 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $17.92, for a total transaction of $896,788.48. Following the sale, the chief executive officer directly owned 485,791 shares of the company’s stock, valued at approximately $8,705,374.72. This trade represents a 9.34% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 94,967 shares of company stock worth $1,705,276. Corporate insiders own 1.05% of the company’s stock.

Macy’s Stock Performance

Shares of M stock opened at $21.62 on Wednesday. The company has a market cap of $5.70 billion, a price-to-earnings ratio of 9.32 and a beta of 1.47. Macy’s, Inc. has a 52 week low of $10.54 and a 52 week high of $24.41. The company has a quick ratio of 0.50, a current ratio of 1.49 and a debt-to-equity ratio of 0.50. The firm has a 50 day moving average of $18.95 and a 200-day moving average of $20.47.

Macy’s (NYSE:M – Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The company reported $1.67 EPS for the quarter, topping the consensus estimate of $1.55 by $0.12. The company had revenue of $7.92 billion during the quarter, compared to the consensus estimate of $7.48 billion. Macy’s had a net margin of 2.84% and a return on equity of 14.22%. The company’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.80 EPS. On average, equities analysts forecast that Macy’s, Inc. will post 2.09 earnings per share for the current year.

Macy’s Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th will be given a dividend of $0.1915 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $0.77 annualized dividend and a dividend yield of 3.5%. Macy’s’s dividend payout ratio (DPR) is 33.19%.

Analyst Ratings Changes

M has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price objective on Macy’s from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, March 18th. Zacks Research raised Macy’s from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $20.00 price objective on shares of Macy’s in a research note on Wednesday, April 1st. Citigroup decreased their target price on shares of Macy’s from $24.00 to $18.00 and set a “neutral” rating for the company in a research report on Thursday, March 19th. Finally, UBS Group increased their target price on shares of Macy’s from $8.00 to $9.00 and gave the company a “sell” rating in a research report on Monday, March 9th. One research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and a consensus target price of $18.90.

Read Our Latest Analysis on M

Macy’s Profile

(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.