Macy’s’ (M) Market Perform Rating Reaffirmed at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Macy’s (NYSE:M) in a report published on Tuesday,Benzinga reports. They currently have a $17.00 price target on the stock. Telsey Advisory Group also issued estimates for Macy’s’ Q3 2025 earnings at $0.10 EPS, Q4 2025 earnings at $1.79 EPS, Q3 2026 earnings at ($0.05) EPS and Q4 2026 earnings at $2.01 EPS.

Several other equities analysts have also recently issued reports on the company. Morgan Stanley lowered their price target on Macy’s from $18.00 to $17.00 and set an “equal weight” rating on the stock in a research report on Thursday, August 22nd. Argus raised Macy’s to a “hold” rating in a research note on Thursday, October 10th. Finally, StockNews.com started coverage on shares of Macy’s in a research report on Sunday, November 10th. They issued a “hold” rating on the stock. Six analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Macy’s has an average rating of “Hold” and an average price target of $19.86.

Macy’s Trading Up 0.4 %

Macy’s stock opened at $15.96 on Tuesday. Macy’s has a 12-month low of $14.06 and a 12-month high of $22.10. The stock has a market capitalization of $4.43 billion, a PE ratio of 24.94 and a beta of 2.11. The firm has a 50 day simple moving average of $15.50 and a 200-day simple moving average of $16.76. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.48 and a quick ratio of 0.34.

Macy’s Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Friday, December 13th will be given a $0.1737 dividend. The ex-dividend date is Friday, December 13th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 4.35%. Macy’s’s dividend payout ratio (DPR) is 107.81%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in M. Price T Rowe Associates Inc. MD lifted its position in shares of Macy’s by 6.3% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 141,529 shares of the company’s stock valued at $2,830,000 after acquiring an additional 8,403 shares in the last quarter. B. Riley Wealth Advisors Inc. grew its position in Macy’s by 32.2% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 16,943 shares of the company’s stock worth $339,000 after purchasing an additional 4,122 shares in the last quarter. Tidal Investments LLC acquired a new stake in Macy’s during the 1st quarter valued at $392,000. Virtu Financial LLC purchased a new stake in shares of Macy’s in the first quarter valued at $1,043,000. Finally, CWM LLC boosted its position in shares of Macy’s by 7.7% in the second quarter. CWM LLC now owns 8,398 shares of the company’s stock worth $161,000 after buying an additional 598 shares during the period. 87.36% of the stock is currently owned by institutional investors and hedge funds.

About Macy’s

Macy's, Inc, an omni-channel retail organization, operates stores, websites, and mobile applications in the United States. The company sells a range of merchandise, such as apparel and accessories for men, women, and kids; cosmetics; home furnishings; and other consumer goods under the Macy's, Bloomingdale's, and bluemercury brands.