Macy’s (NYSE:M) Hits New 12-Month High – Here’s What Happened

13 Dec 2025, 01:12 by Danessa Lincoln · The Markets Daily

Macy’s, Inc. (NYSE:M – Get Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $23.38 and last traded at $23.4650, with a volume of 3622244 shares changing hands. The stock had previously closed at $22.57.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on M. Jefferies Financial Group increased their price objective on shares of Macy’s from $26.00 to $27.00 and gave the company a “buy” rating in a research report on Friday. Citigroup increased their target price on Macy’s from $19.00 to $24.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Barclays increased their target price on shares of Macy’s from $12.00 to $15.00 and gave the company an “equal weight” rating in a research report on Thursday, September 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Macy’s in a report on Monday. Finally, Evercore ISI raised their target price on Macy’s from $14.00 to $21.00 and gave the stock a “cautious” rating in a research report on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, Macy’s has an average rating of “Hold” and an average target price of $20.45.

Get Our Latest Stock Analysis on M

Macy’s Price Performance

The business’s fifty day moving average price is $19.96 and its 200-day moving average price is $15.74. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.25 and a quick ratio of 0.18. The stock has a market capitalization of $6.49 billion, a price-to-earnings ratio of 14.31 and a beta of 1.44.

Macy’s (NYSE:M – Get Free Report) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $0.09 EPS for the quarter, beating the consensus estimate of ($0.13) by $0.22. Macy’s had a net margin of 2.10% and a return on equity of 15.57%. The firm had revenue of $4.91 billion during the quarter, compared to the consensus estimate of $4.52 billion. During the same period last year, the firm earned $0.04 EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. Macy’s has set its FY 2025 guidance at 2.000-2.20 EPS. On average, research analysts forecast that Macy’s, Inc. will post 2.39 EPS for the current year.

Macy’s Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Investors of record on Monday, December 15th will be paid a dividend of $0.1824 per share. This represents a $0.73 annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Monday, December 15th. Macy’s’s dividend payout ratio (DPR) is presently 43.20%.

Insider Transactions at Macy’s

In other Macy’s news, EVP Danielle L. Kirgan sold 85,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $23.92, for a total value of $2,033,200.00. Following the transaction, the executive vice president directly owned 51,161 shares in the company, valued at $1,223,771.12. This represents a 62.43% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 1.09% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Macy’s

A number of hedge funds and other institutional investors have recently bought and sold shares of M. Summit Securities Group LLC boosted its position in Macy’s by 106.0% during the first quarter. Summit Securities Group LLC now owns 2,200 shares of the company’s stock worth $28,000 after acquiring an additional 38,800 shares during the last quarter. Headlands Technologies LLC bought a new position in shares of Macy’s in the 1st quarter worth about $29,000. Cullen Frost Bankers Inc. acquired a new position in Macy’s during the 3rd quarter valued at about $31,000. UMB Bank n.a. increased its stake in Macy’s by 523.0% during the 2nd quarter. UMB Bank n.a. now owns 3,171 shares of the company’s stock valued at $37,000 after buying an additional 2,662 shares during the period. Finally, Bessemer Group Inc. raised its position in Macy’s by 41.4% in the third quarter. Bessemer Group Inc. now owns 2,023 shares of the company’s stock worth $37,000 after acquiring an additional 592 shares in the last quarter. 87.36% of the stock is currently owned by hedge funds and other institutional investors.

About Macy’s

(Get Free Report)

Macy’s, Inc engages in the retail of apparel, accessories, cosmetics, home furnishings, and other consumer goods. The firm’s brands include Macy’s, Bloomingdale’s, and Bluemercury. It offers men’s, women’s, and children’s apparel, women’s accessories, intimate apparel, shoes, cosmetics, fragrances, as well as home and miscellaneous products.