SCHEDULE: Vanguard Discloses 9.82% Stake in Macy's Inc.

The Vanguard Group reported a 9.82% beneficial ownership stake in Macy's Inc., holding 26,371,100 shares of common stock.

Summary

• The Vanguard Group, an investment adviser, reported beneficial ownership of 26,371,100 shares of Macy's Inc. common stock.
• This represents 9.82% of the class of securities.
• Vanguard holds sole dispositive power over 24,339,405 shares and shared dispositive power over 2,031,695 shares.
• Shared voting power is held over 1,693,656 shares, with no sole voting power.
• The securities 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: The filing is a standard beneficial ownership disclosure by a large institutional investor, providing factual information about their stake in Macy's Inc. It does not contain performance data or forward-looking statements that would typically influence sentiment positively or negatively.

Positives

• A significant institutional investor, The Vanguard Group, maintains a substantial stake (9.82%) in Macy's Inc., indicating continued confidence in the company as an investment.
• The holding is for ordinary course of business, not for control influence, suggesting a passive investment strategy.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake, potentially influencing market perception of stability and institutional confidence.

Key Dates

Keywords

Macy's Inc, Vanguard Group, Beneficial Ownership, Schedule 13G, Common Stock, Institutional Investor, Retail Sector, Investment Adviser