Vanguard Group Inc. Sells 260,060 Shares of Macerich Company (The) $MAC

Vanguard Group Inc. cut its stake in Macerich Company (The) (NYSE:MAC) by 0.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 38,609,253 shares of the real estate investment trust’s stock after selling 260,060 shares during the period. Vanguard Group Inc. owned approximately 15.28% of Macerich worth $702,688,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Nordea Investment Management AB bought a new stake in shares of Macerich in the 3rd quarter worth approximately $5,326,000. VIRGINIA RETIREMENT SYSTEMS ET Al increased its position in shares of Macerich by 35.0% during the third quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 724,233 shares of the real estate investment trust’s stock valued at $13,181,000 after purchasing an additional 187,900 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of Macerich by 39.2% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 388,219 shares of the real estate investment trust’s stock valued at $7,066,000 after purchasing an additional 109,413 shares in the last quarter. SG Americas Securities LLC lifted its position in Macerich by 1,110.2% in the third quarter. SG Americas Securities LLC now owns 185,832 shares of the real estate investment trust’s stock worth $3,382,000 after purchasing an additional 170,477 shares during the period. Finally, American Century Companies Inc. bought a new position in Macerich in the second quarter worth $18,368,000. Institutional investors and hedge funds own 87.38% of the company’s stock.

Macerich Stock Down 0.1%

NYSE MAC opened at $20.27 on Tuesday. The stock’s 50 day simple moving average is $18.71 and its 200 day simple moving average is $17.97. Macerich Company has a one year low of $12.48 and a one year high of $20.85. The firm has a market cap of $5.19 billion, a PE ratio of -26.33, a price-to-earnings-growth ratio of 4.51 and a beta of 2.16. The company has a debt-to-equity ratio of 2.01, a current ratio of 1.02 and a quick ratio of 1.03.

Macerich (NYSE:MAC) last posted its quarterly earnings data on Wednesday, February 18th. The real estate investment trust reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.50). Macerich had a negative return on equity of 7.32% and a negative net margin of 19.44%.The business had revenue of $261.70 million during the quarter, compared to analyst estimates of $260.48 million. During the same period in the prior year, the firm posted $0.47 EPS. Macerich’s revenue for the quarter was down 4.4% compared to the same quarter last year. As a group, sell-side analysts forecast that Macerich Company will post 1.55 earnings per share for the current fiscal year.

Macerich Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Monday, March 16th will be given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 3.4%. The ex-dividend date is Monday, March 16th. Macerich’s dividend payout ratio (DPR) is presently -88.31%.

Macerich News Roundup

Here are the key news stories impacting Macerich this week:

• Positive Sentiment: KeyCorp raised Macerich to a “Strong-Buy” and published multi-year, quarter-by-quarter EPS forecasts that imply earnings growth into FY2027 (KeyCorp sees FY2027 EPS of $1.69 vs. current consensus ~ $1.55). This upgrade and the more constructive outlook are the primary drivers lifting investor sentiment. KeyCorp estimates / MarketBeat
• Positive Sentiment: KeyBanc also upgraded Macerich (reported by MSN), adding further momentum from the broker community and reinforcing the trade that the REIT’s turnaround and cash-flow recovery are gaining traction. KeyBanc upgrade
• Neutral Sentiment: Multiple analyst notes from KeyCorp break down expected quarterly cadence (Q1–Q4 2026 and Q1–Q4 2027) showing gradual EPS improvement — useful for modeling but not a guarantee; these provide a basis for valuation upgrades if results track the plan. KeyCorp detailed estimates
• Negative Sentiment: Macerich’s recent Q4 2025 results and earnings call highlighted a revenue increase but an EPS miss (reported -$0.07 vs. expectations) and continued losses, which remain a near-term risk if operating trends or occupancy/re-leasing progress slow. Investors are weighing the upgrades against this execution risk. Q4 2025 results article
• Negative Sentiment: The Q4 2025 earnings call transcript provides additional color on margin pressure, re-leasing timelines and capital allocation questions that could temper enthusiasm if management doesn’t show sustained improvement. Earnings call transcript

Analyst Upgrades and Downgrades

MAC has been the topic of several recent research reports. Scotiabank upped their target price on shares of Macerich from $18.00 to $19.00 and gave the company a “sector perform” rating in a research note on Thursday, November 13th. KeyCorp set a $25.00 price objective on Macerich and gave the company an “overweight” rating in a report on Monday. Weiss Ratings reiterated a “sell (d+)” rating on shares of Macerich in a research note on Thursday, January 22nd. Jefferies Financial Group reissued a “buy” rating and issued a $21.00 target price on shares of Macerich in a report on Monday, December 15th. Finally, Mizuho set a $21.00 price target on Macerich in a research note on Friday, January 9th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $20.20.

Macerich Profile

The Macerich Company (NYSE: MAC) is a real estate investment trust (REIT) that specializes in the acquisition, development, ownership and management of regional shopping centers in the United States. Headquartered in Santa Monica, California, the company focuses on high-quality retail properties, including enclosed malls, open-air centers and mixed-use lifestyle destinations. Since its establishment as a REIT in 1994, Macerich has pursued a disciplined strategy of investing in properties that serve strong consumer demographics and offer long-term growth potential.

Macerich’s core activities encompass property and asset management, leasing, marketing and redevelopment services.