<div id="readability-page-1"><p>Macy's, Inc. (NYSE:M - Get Free Report)'s stock price was down 3.9% during mid-day trading on Monday after Wall Street Zen downgraded the stock from a strong-buy rating to a buy rating. The stock traded as low as $22.95 and last traded at $22.9070. Approximately 2,400,853 shares were traded  during trading, a decline of 69% from the average daily volume of 7,690,005 shares. The stock had previously closed at $23.83.</p><ul><li>This ETF Caught a Major Tailwind After the Fed’s Rate Cut</li></ul><p>Several other research firms have also commented on M. Evercore ISI lifted their price target on Macy's from $14.00 to $21.00 and gave the company a &#34;cautious&#34; rating in a report on Friday, December 5th. BTIG Research assumed coverage on Macy's in a research report on Tuesday, October 14th. They set a &#34;neutral&#34; rating for the company. UBS Group  set a $21.00 price target on Macy's in a research report on Thursday, December 4th. Jefferies Financial Group upped their price target on shares of Macy's from $26.00 to $27.00 and gave the company a &#34;buy&#34; rating in a report on Friday, December 12th. Finally, The Goldman Sachs Group raised their price objective on shares of Macy's from $16.50 to $22.00 and gave the stock a &#34;neutral&#34; rating in a research note on Friday, December 5th. Two research analysts have rated the stock with a Strong Buy rating, one  has issued  a Buy rating, eleven have issued  a Hold rating and two have issued  a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Hold&#34; and a consensus price target of $20.50.</p><p><b>View Our Latest Analysis on Macy's</b></p><h2>Insider Buying and Selling</h2><ul><li>Smart Money Is Buying Auto Suppliers, Not Car Brands</li></ul><p>In related news, EVP Danielle L. Kirgan sold 85,000 shares of the firm's stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $23.92, for a total transaction of $2,033,200.00. Following the transaction, the executive vice president directly owned 51,161 shares of the company's stock, valued at approximately $1,223,771.12. This trade represents a 62.43% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 2.77% of the stock is currently owned by corporate insiders. </p><h2>Institutional Trading of Macy's</h2><p>Several institutional investors have recently added to or reduced their stakes in M. Cullen Frost Bankers Inc. bought a new position in shares of  Macy's in the third quarter worth about $31,000.  UMB Bank n.a. lifted its position in  Macy's by 523.0% in the second quarter. UMB Bank n.a. now owns 3,171 shares of the company's stock worth $37,000 after buying an additional 2,662 shares during the last quarter.  Bessemer Group Inc. boosted its position in shares of  Macy's by 41.4% during the third quarter. Bessemer Group Inc. now owns 2,023 shares of the company's stock valued at $37,000 after buying an additional 592 shares during the period.  Hantz Financial Services Inc. grew its holdings in shares of  Macy's by 101.1% in the third quarter. Hantz Financial Services Inc. now owns 2,311 shares of the company's stock worth $41,000 after purchasing an additional 1,162 shares during the last quarter.  Finally, Fifth Third Bancorp increased its holdings in  Macy's by 28.7% during the 2nd quarter. Fifth Third Bancorp now owns 4,876 shares of the company's stock worth $57,000 after purchasing an additional 1,087 shares during the period. 87.36% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>Macy's Stock Down 3.8%</h2><ul><li>3 Finance Stocks to Buy on Rising 10-Year Treasury Rates</li></ul><p>The company has a current ratio of 1.25, a quick ratio of 0.18 and a debt-to-equity ratio of 0.56. The firm has a market cap of $6.09 billion, a P/E ratio of 13.55 and a beta of 1.44. The business has a 50-day moving average price of $20.68 and a 200-day moving average price of $16.30. </p><p>Macy's (NYSE:M - Get Free Report) last released 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. The business had revenue of $4.91 billion during the quarter, compared to analyst estimates of $4.52 billion. Macy's had a net margin of 2.10% and a return on equity of 15.57%. The company's quarterly revenue was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.04 earnings per share. Macy's has set its FY 2025 guidance at 2.000-2.20 EPS.  On average, equities analysts forecast that  Macy's, Inc. will post 2.39 EPS for the current fiscal year. </p><h2>Macy's Dividend Announcement</h2><p>The business also recently announced a quarterly dividend, which will be paid on Friday, January 2nd. Shareholders 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 3.2%. The ex-dividend date of this dividend is Monday, December 15th. Macy's's dividend payout ratio (DPR) is 43.20%. </p><h2>Macy's Company Profile</h2> (Get Free Report)<p>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.  </p><p>The company's product assortment spans men's, women's and children's clothing, beauty and personal care products, housewares and home décor.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Macy's</li><li>The Fed Pivot Signal Smart Money’s Been Waiting For</li><li>This AI–Quantum Company Expects to Hit $274M in Revenue for 2025</li><li>Do not delete, read immediately</li><li>“$6.6 Trillion Of Customer Bank Deposits At Risk”</li><li>Nvidia’s Dirty Secret</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Macy's Right Now?</h2><p>Before you consider Macy's, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Macy's wasn't on the list.</p><p>While Macy's currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Macy's stock fell 3.9% after Wall Street Zen downgraded it from strong-buy to buy. The stock traded at $22.95, with a volume decline of 69% from average. Analysts have mixed ratings, with a consensus of "Hold" and a price target of $20.50. Insider trading and institutional investments are noted, with 87.36% owned by institutions. Macy's reported better-than-expected earnings and announced a quarterly dividend.</p>

Macy's (NYSE:M) Stock Price Down 3.9% on Analyst Downgrade