Macy’s (NYSE: M) reported second-quarter 2026 net sales of $4.866 billion, up 1.1% from a year earlier, while total revenue was $5.059 billion. GAAP net income doubled to $169 million, and diluted earnings per share rose to $0.62 from $0.31.
The retailer raised its fiscal 2026 net-sales outlook to $21.675 billion to $21.825 billion and its adjusted diluted EPS outlook to $2.15 to $2.35.
- Comparable sales increased 2.7%, marking Macy’s fifth consecutive quarter of comparable-sales growth.
- Bloomingdale’s comparable sales rose 11.3%, while Bluemercury comparable sales increased 6.2%.
- Gross margin was 41.5%, up 180 basis points, including a net tariff-refund benefit.
- Macy’s repurchased 2.2 million shares for $50 million during the quarter and returned $51 million through dividends.
$M Insider Trading Activity
$M insiders have traded $M stock on the open market 20 times in the past 6 months. Of those trades, 0 have been purchases and 20 have been sales.
Here’s a breakdown of recent trading of $M stock by insiders over the last 6 months:
- ANTONY SPRING (Chairman & CEO) has made 0 purchases and 5 sales selling 136,575 shares for an estimated $2,446,869.
- DANIELLE L. KIRGAN (EVP, Chief HR Officer) has made 0 purchases and 5 sales selling 40,206 shares for an estimated $722,899.
- THOMAS JR. EDWARDS (EVP, COO & CFO) sold 16,419 shares for an estimated $408,726
- OLIVIER BRON (CEO, Bloomingdale's) has made 0 purchases and 3 sales selling 14,991 shares for an estimated $268,094.
- TRACY M PRESTON (EVP, CLO & Corporate Secretary) has made 0 purchases and 2 sales selling 8,007 shares for an estimated $143,017.
- PAUL GRISCOM (SVP and Controller) has made 0 purchases and 4 sales selling 4,476 shares for an estimated $80,446.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$M Hedge Fund Activity
We have seen 233 institutional investors add shares of $M stock to their portfolio, and 275 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 9,800,523 shares (+inf%) to their portfolio in Q2 2026, for an estimated $230,802,316
- SCHRODER INVESTMENT MANAGEMENT GROUP removed 5,019,982 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $90,811,474
- BERKSHIRE HATHAWAY INC added 4,309,071 shares (+141.8%) to their portfolio in Q2 2026, for an estimated $101,478,622
- CITADEL ADVISORS LLC removed 3,172,107 shares (-66.1%) from their portfolio in Q1 2026, for an estimated $57,383,415
- ALLIANZ ASSET MANAGEMENT GMBH added 3,005,520 shares (+119.2%) to their portfolio in Q1 2026, for an estimated $54,369,856
- BALYASNY ASSET MANAGEMENT L.P. added 2,926,748 shares (+inf%) to their portfolio in Q2 2026, for an estimated $68,924,915
- MARSHALL WACE, LLP added 2,637,161 shares (+9463.7%) to their portfolio in Q2 2026, for an estimated $62,105,141
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
