Is Macy's a Buy After Investment Advisor Dupree Financial Boosted Its Position in the Stock?

Core Insights - Dupree Financial Group increased its stake in Macy's by acquiring 286,027 additional shares, bringing its total holdings to 810,473 shares valued at approximately $14.53 million as of September 30, 2025 [1][2][3] Company Overview - Macy's, Inc. is a leading omni-channel retailer with a revenue of $22.7 billion and a net income of $494 million for the trailing twelve months (TTM) [4][5] - The company operates a broad assortment of products through various sales channels, including department stores and digital platforms [5][7] Financial Performance - As of October 28, 2025, Macy's shares were priced at $19.70, reflecting a 27% increase over the past year, outperforming the S&P 500 by 8.4 percentage points [3] - In fiscal Q2, Macy's revenue declined to $5.0 billion from $5.1 billion in the prior year, but it achieved the best same-store sales growth in 12 quarters [9] - The company reduced long-term debt by $340 million in fiscal Q2, with total debt standing at $2.6 billion and cash reserves of $829 million [10] Investment Implications - Dupree Financial Group's significant purchase of Macy's shares indicates strong confidence in the company's future performance [8] - Despite the positive same-store sales growth, Macy's faced challenges with free cash flow, exiting Q2 with an outflow of $13 million, which may hinder its ability to manage debt and dividends [11]