SCHEDULE: FMR LLC Discloses 5.2% Stake in Macy's Inc.
Beneficial Ownership Disclosure
FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 5.2% in Macy's Inc. common stock as of June 30, 2025.
Summary
- FMR LLC and Abigail P. Johnson reported beneficial ownership of 14,026,410.51 shares of Macy's Inc. common stock.
- This represents 5.2% of the total outstanding common stock of Macy's Inc.
- The filing is made under Rule 13d-1(b), indicating a passive investment by a qualified institutional investor.
- FMR LLC holds sole voting power over 13,788,843.35 shares and sole dispositive power over 14,026,410.51 shares.
- Abigail P. Johnson, as a predominant owner and CEO of FMR LLC, is also deemed to beneficially own the same aggregate amount of shares.
- The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Macy's Inc.
Sentiment
Score: 5
Explanation: Neutral, as this is a factual disclosure of beneficial ownership without commentary on the issuer's performance or prospects.
Positives
- A significant institutional investor, FMR LLC, holds a substantial stake, potentially signaling confidence in Macy's Inc.
- The passive nature of the investment (Rule 13d-1(b)) suggests FMR LLC is not seeking to influence or control the company, which can be viewed as a stable, long-term investment.
Future Outlook
NA
Management Comments
- The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11.
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional holder's passive stake, which may be viewed positively as a vote of confidence.
- Management: No direct impact on management or operations as the stake is passive.
Key Dates
| Date | Description |
|---|---|
| 2023-05-23 | Effective date of Power of Attorney for Richard Bourgelas. |
| 2023-08-08 | Date of previous Schedule 13G filing by FMR LLC (accession number -23-002397) where the Power of Attorney is incorporated by reference. |
| 2025-06-30 | Date of event which requires filing of this statement (beneficial ownership snapshot date). |
| 2025-08-05 | Date of signing of the Schedule 13G filing. |
Keywords
Macy's Inc, M, FMR LLC, Abigail P. Johnson, Schedule 13G, beneficial ownership, common stock, institutional investment, retail, department store
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