Macy's
About: Founded in 1858 and based in New York City, Macy's operates about 500 stores under the Macy's nameplate, nearly 60 stores under the Bloomingdale's (full-price and outlet) and Bloomie's nameplates, and more than 160 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 constituted 62% of Macy's 2023 sales.
Employees: 85,581
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 5 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
28% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 58
3% more funds holding
Funds holding: 404 [Q2] → 416 (+12) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 145
2.97% less ownership
Funds ownership: 77.66% [Q2] → 74.69% (-2.97%) [Q3]
21% less capital invested
Capital invested by funds: $4.12B [Q2] → $3.25B (-$872M) [Q3]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q2] → 4 (-2) [Q3]
40% less call options, than puts
Call options by funds: $135M | Put options by funds: $223M
Research analyst outlook
5 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$9
36%
downside
Avg. target
$16.40
17%
upside
High target
$20
43%
upside
5 analyst ratings
2 positive
40%
2 neutral
40%
1 negative
20%
Telsey Advisory Group Dana Telsey 60% 1-year accuracy 114 / 190 met price target | 22%upside $17 | Market Perform Maintained | 14 Jan 2025 |
JP Morgan Matthew Boss 47% 1-year accuracy 34 / 72 met price target | 43%upside $20 | Overweight Maintained | 8 Jan 2025 |
Gordon Haskett Chuck Grom 38% 1-year accuracy 3 / 8 met price target | 43%upside $20 | Buy Upgraded | 16 Dec 2024 |
UBS Jay Sole 67% 1-year accuracy 32 / 48 met price target | 36%downside $9 | Sell Maintained | 12 Dec 2024 |
Morgan Stanley Alex Straton 79% 1-year accuracy 23 / 29 met price target | 14%upside $16 | Equal-Weight Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 57 articles about M published over the past 30 days
Neutral
Accesswire
17 hours ago
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESS Newswire / January 20, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Invezz
19 hours ago
Retailers face mixed holiday season: Target and A&F excel, Macy's and Kohl's lag behind
American shoppers surprised industry watchers during the 2024 holiday season, with retail sales rising 4% compared to the previous year, according to Commerce Department data. This growth was driven by robust spending on cars, clothing, and electronics, defying concerns about inflation and economic pressures.
Neutral
Accesswire
1 day ago
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / January 19, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Accesswire
2 days ago
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESS Newswire / January 18, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Accesswire
3 days ago
Macy's, Inc. Is Being Investigated For Securities Fraud And Affected Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESS Newswire / January 17, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Accesswire
4 days ago
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's, Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESS Newswire / January 16, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Fox Business
5 days ago
Macy's wants Bloomingdale's, Bluemercury to stay put
Macy's CEO Tony Spring, who is trying to turn around the company, wants to prove to the public markets that its three-brand portfolio has more value than what it's showing today.
Neutral
Accesswire
5 days ago
Macy's Inc Is Being Investigated For Securities Fraud And Impacted Investors Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / January 15, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Neutral
Zacks Investment Research
6 days ago
Macy's Offers Update on Q4 Performance, Revises Sales Guidance
M's overall comparable sales for the nine-week period ended Jan. 4, 2025, remain flat year over year. Management slightly trims sales view for Q4.
Neutral
Accesswire
6 days ago
The Schall Law Firm Invites Shareholders With Losses To Join An Inquiry Into Macy's Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / January 14, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Macy's, Inc. ("Macy's" or "the Company") (NYSE:M) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
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