Macy's
About: Founded in 1858 and based in New York City, Macy's operates about 450 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and more than 170 freestanding Bluemercury specialty beauty stores. Macy's also operates e-commerce sites and licenses Bloomingdale's stores in the United Arab Emirates and Kuwait. Women's apparel, accessories, shoes, cosmetics, and fragrances constitute about 62% of Macy's sales.
Employees: 94,189
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
25% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 5 (+1) [Q4]
19% more capital invested
Capital invested by funds: $3.24B [Q3] → $3.85B (+$618M) [Q4]
7.58% more ownership
Funds ownership: 74.35% [Q3] → 81.93% (+7.58%) [Q4]
6% more repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 131
9% less first-time investments, than exits
New positions opened: 60 | Existing positions closed: 66
3% less funds holding
Funds holding: 419 [Q3] → 407 (-12) [Q4]
28% less call options, than puts
Call options by funds: $243M | Put options by funds: $336M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
5 analyst ratings
Citigroup Paul Lejuez 39% 1-year accuracy 18 / 46 met price target | 2%upside $11 | Neutral Maintained | 17 Apr 2025 |
JP Morgan Matthew Boss 38% 1-year accuracy 31 / 81 met price target | 21%upside $13 | Neutral Maintained | 14 Apr 2025 |
Telsey Advisory Group Dana Telsey 25% 1-year accuracy 46 / 181 met price target | 39%upside $15 | Market Perform Maintained | 2 Apr 2025 |
Goldman Sachs Brooke Roach 47% 1-year accuracy 15 / 32 met price target | 58%upside $17 | Buy Maintained | 7 Mar 2025 |
UBS Jay Sole 28% 1-year accuracy 16 / 58 met price target | 26%downside $8 | Sell Maintained | 7 Mar 2025 |
Financial journalist opinion
Based on 13 articles about M published over the past 30 days
