Summary:
- Dupree Financial Group increased its stake in Macy’s by acquiring 286,027 additional shares, worth approximately $4.05 million.
- Macy’s became the 5th largest holding in Dupree’s portfolio, comprising 5.52% of their 13F AUM.
- Despite Macy’s positive performance, including revenue growth and debt reduction, the stock is not recommended for purchase at this time.
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Article:
What Occurred
As per a filing with the U.S. Securities and Exchange Commission dated October 28, 2025, Dupree Financial Group, LLC, a notable investment advisory firm, decided to boost its position in Macy’s by purchasing an additional 286,027 shares. The total value of this transaction was estimated to be around $4.05 million. This move brought Dupree’s total holdings in Macy’s to 810,473 shares, valued at $14.53 million by the end of the quarter.
What Else to Note
Following this acquisition, Macy’s now represents 5.52% of Dupree’s 13F AUM, ranking as the firm’s 5th largest holding. Other top holdings post-reporting period include AGNC, ENB, BTI, and VZ. As of October 28, 2025, Macy’s shares were priced at $19.70, exhibiting a 27% increase year-over-year, outperforming the S&P 500 by 8.4 percentage points.
Company Overview
Macy’s, Inc., a prominent omni-channel retailer, operates numerous department stores and digital platforms under renowned brands. They offer a wide range of products and operate through integrated sales channels. Macy’s caters to a broad consumer base in the U.S. and select international markets, showcasing a diverse assortment of apparel, accessories, cosmetics, home furnishings, and beauty products.
Foolish Take
Dupree Financial Group’s decision to enhance its stake in Macy’s signifies a significant move, placing the stock among the firm’s top five holdings. This action suggests confidence in Macy’s future performance. Despite Macy’s ongoing turnaround efforts, including store closures and revenue growth, the company’s financial situation, with total debt and negative free cash flow, indicates caution in considering Macy’s stock as a viable investment option presently.
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