Macy's

M

Market cap $4.88B

Macy's Inc (NYSE:M) shares are trading higher Monday. Berkshire Hathaway position disclosed in a regulatory filing.

Macy's Inc (M) is in focus on Monday morning after Berkshire Hathaway's latest filing disclosed a new position worth roughly $55 million in the iconic retail chain. The strategic buy-in from one of the world's most revered conglomerates has boosted interest in M, with the company's share price up nearly 4% at the time of writing.

Berkshire Hathaway disclosed a small stake in Macy's in its latest 13-F filing. The retailer's low valuation, real-estate holdings, and Bloomingdale's franchise could explain the appeal.

Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE: BRK-B | BRK-B Price Prediction) on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire.

NEW YORK--(BUSINESS WIRE)--Macy's, Inc. (NYSE: M) will report its first quarter 2026 sales and earnings results on Wednesday, June 3. The company will host a call and webcast with financial analysts and investors at 8:00 a.m. ET. The call will be hosted by Tony Spring, Macy's, Inc.'s chairman and chief executive officer, and Tom Edwards, chief operating officer and chief financial officer. The general public and the media will be able to access the live webcast and associated presentation via t.

Berkshire Hathaway has revamped its investment portfolio of U.S. stocks under new CEO Greg Abel. It took a $2.6 billion stake in Delta Airlines, while increasing its Alphabet shares by 224%.

Macy's receives a buy rating, supported by Berkshire Hathaway's new 1% stake and an improved earnings outlook. M delivered solid Q4 results, with comp store sales up 1.8% and a strong performance at Bloomingdale's, despite a 2% revenue decline. Guidance for FY 2026 remains prudent amid macro uncertainty, but free cash flow yield exceeds 15% and valuation remains attractive at 12x P/E.

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Berkshire sold many of its smaller stock holdings including in Amazon and UnitedHealth.

The company exited positions in Amazon, Mastercard, Visa and UnitedHealth, among many others.