Macy’s, Inc. $M Shares Acquired by Hsbc Holdings PLC

09 Jul 2026, 09:21 by Tristan Rich · The Markets Daily

Hsbc Holdings PLC increased its position in Macy’s, Inc. (NYSE:M – Free Report) by 112.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 383,947 shares of the company’s stock after buying an additional 202,906 shares during the quarter. Hsbc Holdings PLC’s holdings in Macy’s were worth $8,442,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in M. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Macy’s by 38.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 162,989 shares of the company’s stock worth $2,047,000 after acquiring an additional 45,149 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Macy’s by 5.3% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,116,170 shares of the company’s stock valued at $14,019,000 after purchasing an additional 55,821 shares in the last quarter. Focus Partners Wealth lifted its stake in shares of Macy’s by 33.1% in the 1st quarter. Focus Partners Wealth now owns 58,197 shares of the company’s stock valued at $731,000 after purchasing an additional 14,489 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of Macy’s by 49.6% in the 2nd quarter. Cetera Investment Advisers now owns 24,300 shares of the company’s stock valued at $283,000 after purchasing an additional 8,053 shares in the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Macy’s by 160.5% during the 2nd quarter. Invesco Ltd. now owns 4,283,107 shares of the company’s stock worth $49,941,000 after purchasing an additional 2,639,132 shares during the period. Institutional investors and hedge funds own 87.36% of the company’s stock.

Macy’s Price Performance

Shares of NYSE M opened at $22.69 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.48 and a quick ratio of 0.44. Macy’s, Inc. has a 1-year low of $11.77 and a 1-year high of $26.10. The company has a market capitalization of $5.97 billion, a price-to-earnings ratio of 9.38 and a beta of 1.46. The business has a 50-day moving average of $21.97 and a 200-day moving average of $20.87.

Macy’s (NYSE:M – Get Free Report) last announced its earnings results on Wednesday, June 3rd. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.02 by $0.11. The business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.61 billion. Macy’s had a return on equity of 13.68% and a net margin of 2.94%.The company’s revenue was up 1.8% on a year-over-year basis. During the same period last year, the business posted $0.16 EPS. Macy’s has set its Q2 2026 guidance at 0.290-0.340 EPS and its FY 2026 guidance at 2.000-2.200 EPS. On average, equities analysts anticipate that Macy’s, Inc. will post 2.19 EPS for the current fiscal year.

Macy’s Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Monday, June 15th were paid a dividend of $0.1915 per share. The ex-dividend date was Monday, June 15th. This represents a $0.77 dividend on an annualized basis and a dividend yield of 3.4%. Macy’s’s dividend payout ratio (DPR) is currently 31.82%.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on M shares. Morgan Stanley reissued an “overweight” rating and set a $30.00 target price on shares of Macy’s in a research report on Monday. JPMorgan Chase & Co. boosted their price objective on shares of Macy’s from $21.00 to $27.00 and gave the stock a “neutral” rating in a research note on Thursday, June 4th. Jefferies Financial Group reissued a “buy” rating and issued a $22.00 price objective on shares of Macy’s in a research report on Wednesday, March 18th. Zacks Research raised shares of Macy’s from a “strong sell” rating to a “hold” rating in a research note on Monday, April 13th. Finally, UBS Group restated a “sell” rating on shares of Macy’s in a report on Thursday, June 4th. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $21.70.

View Our Latest Report on M

Insiders Place Their Bets

In other news, EVP Thomas Jr. Edwards sold 16,419 shares of the business’s stock in a transaction 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 transaction, the executive vice president directly owned 20,000 shares of the company’s stock, valued at approximately $497,800. The trade was a 45.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 company’s stock in a transaction 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 of the company’s stock, valued at $650,309.99. This trade represents a 28.43% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 1.05% of the company’s stock.

Macy’s Profile

(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.