Macy's (NYSE:M) Reaches New 1-Year Low - What's Next?

Market Beat
2025.04.01 15:12
portai
I'm PortAI, I can summarize articles.

Macy's (NYSE:M) reached a new 52-week low of $12.48 during trading, closing at $12.62. Analysts have mixed ratings, with a consensus price target of $15.30. The company reported $1.80 EPS, exceeding estimates, and announced a dividend increase to $0.1824. Insider selling activity was noted, with CEO Antony Spring selling shares. Institutional investors have also adjusted their positions, with notable increases in holdings from Charles Schwab and FMR LLC.