Macy’s Sees Unusually High Options Volume (NYSE:M)

Posted by on Sep 9th, 2026

Macy’s, Inc. (NYSE:M – Get Free Report) was the target of some unusual options trading on Wednesday. Stock traders acquired 16,077 call options on the stock. This is an increase of 39% compared to the average volume of 11,540 call options.

Wall Street Analysts Forecast Growth

M has been the subject of several recent research reports. JPMorgan Chase & Co. increased their price objective on shares of Macy’s from $21.00 to $27.00 and gave the stock a “neutral” rating in a research report on Thursday, June 4th. Morgan Stanley restated an “overweight” rating and set a $30.00 target price on shares of Macy’s in a report on Monday, July 6th. UBS Group upped their price target on shares of Macy’s from $9.00 to $10.00 and gave the stock a “sell” rating in a research report on Wednesday, August 26th. TD Cowen increased their price target on Macy’s from $20.00 to $25.00 and gave the company a “hold” rating in a report on Monday, June 22nd. Finally, Citigroup raised their price objective on Macy’s from $22.00 to $24.00 and gave the company a “neutral” rating in a research report on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $22.78.

Get Our Latest Report on M

Insider Transactions at Macy’s

In related news, EVP Thomas Edwards, Jr. sold 16,419 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $24.89, for a total transaction of $408,668.91. Following the completion of the sale, the executive vice president owned 20,000 shares of the company’s stock, valued at approximately $497,800. This represents a 45.08% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, SVP Paul Griscom sold 10,077 shares of the firm’s stock in a transaction that occurred on Thursday, June 25th. The shares were sold at an average price of $25.63, for a total transaction of $258,273.51. Following the completion of the transaction, the senior vice president owned 25,373 shares in the company, valued at $650,309.99. The trade was a 28.43% decrease in their position. The disclosure for this sale is available in the SEC filing. 1.05% of the stock is currently owned by insiders.

Institutional Trading of Macy’s

Several large investors have recently modified their holdings of the business. Smartleaf Asset Management LLC boosted its holdings in Macy’s by 51.7% in the fourth quarter. Smartleaf Asset Management LLC now owns 1,543 shares of the company’s stock valued at $34,000 after purchasing an additional 526 shares during the last quarter. CIBC Private Wealth Group LLC grew its stake in Macy’s by 35.9% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,838 shares of the company’s stock valued at $41,000 after purchasing an additional 486 shares in the last quarter. Allworth Financial LP increased its holdings in Macy’s by 37.0% during the 2nd quarter. Allworth Financial LP now owns 2,270 shares of the company’s stock worth $53,000 after purchasing an additional 613 shares during the last quarter. IFP Advisors Inc increased its holdings in Macy’s by 263.3% during the 4th quarter. IFP Advisors Inc now owns 2,427 shares of the company’s stock worth $54,000 after purchasing an additional 1,759 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Macy’s in the 4th quarter valued at approximately $54,000. 87.36% of the stock is currently owned by institutional investors and hedge funds.

Macy’s Stock Down 1.3%

Shares of M stock traded down $0.29 on Wednesday, hitting $22.16. The stock had a trading volume of 3,183,227 shares, compared to its average volume of 6,348,610. The stock’s 50 day moving average is $23.59 and its 200-day moving average is $21.44. The firm has a market capitalization of $5.83 billion, a price-to-earnings ratio of 9.16 and a beta of 1.41. Macy’s has a 52-week low of $16.41 and a 52-week high of $26.58. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.44 and a current ratio of 1.48.

Macy’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Tuesday, September 15th will be given a $0.1915 dividend. This represents a $0.77 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Tuesday, September 15th. Macy’s’s dividend payout ratio is presently 31.82%.

About Macy’s

(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.

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