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 157 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 composed 62% of Macy's 2023 sales.
Employees: 85,581
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
19% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 62
3% more funds holding
Funds holding: 403 [Q2] → 415 (+12) [Q3]
8% less repeat investments, than reductions
Existing positions increased: 133 | Existing positions reduced: 145
2.96% less ownership
Funds ownership: 77.32% [Q2] → 74.36% (-2.96%) [Q3]
21% less capital invested
Capital invested by funds: $4.1B [Q2] → $3.24B (-$868M) [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
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$9
45%
downside
Avg. target
$15.50
5%
downside
High target
$20
23%
upside
4 analyst ratings
1 positive
25%
2 neutral
50%
1 negative
25%
Gordon Haskett Chuck Grom 38% 1-year accuracy 3 / 8 met price target | 23%upside $20 | Buy Upgraded | 16 Dec 2024 |
UBS Jay Sole 69% 1-year accuracy 31 / 45 met price target | 45%downside $9 | Sell Maintained | 12 Dec 2024 |
Morgan Stanley Alex Straton 76% 1-year accuracy 22 / 29 met price target | 1%downside $16 | Equal-Weight Maintained | 12 Dec 2024 |
Telsey Advisory Group Dana Telsey 67% 1-year accuracy 126 / 189 met price target | 5%upside $17 | Market Perform Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 170 articles about M published over the past 30 days
Neutral
Accesswire
10 hours ago
The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Macy's, Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / December 21, 2024 / 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
1 day ago
Macy's Inc Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 20, 2024 / 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 Shareholder Contributions To An Inquiry Into Macy's Inc. For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / December 19, 2024 / 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.
Negative
New York Post
3 days ago
How Macy's can turn around its business as department store struggles
Shares of Macy's have fallen more than 16% over the past year.
Neutral
Accesswire
3 days ago
Macy's, Inc. Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Reach Out To The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 18, 2024 / 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.
Negative
Fox Business
3 days ago
How Macy's can turn around its business as department store struggles
Macy's needs to change its thinking in order to drive younger customers back to its brick-and-mortar stores, according to activist investor Barrington Capital.
Neutral
Accesswire
4 days ago
The Schall Law Firm Invites Shareholder Contributions To An Inquiry Into Macy's Inc For Securities Law Violations
LOS ANGELES, CA / ACCESSWIRE / December 17, 2024 / 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
CNBC Television
5 days ago
Final Trade: XLC, M, GAP, XLE
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Negative
Forbes
5 days ago
Activist Investors Call On Macy's To Spin Off Bloomingdale's And Bluemercury. Maybe It's Time.
Macy's Inc. just reported another disappointing quarter with net sales down 2.4% to $4.7 billion. Not since first quarter 2022 has Macy's Inc. reported positive year-over-year comps and that due to the post-pandemic bounce.
Neutral
Accesswire
5 days ago
Macy's, Inc. Is Being Investigated For Securities Fraud And Investors With Losses Are Urged To Contact The Schall Law Firm
LOS ANGELES, CA / ACCESSWIRE / December 16, 2024 / 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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