Berkshire Hathaway Invests $55M in Macy's Amid Retail Challenges
In a contrarian move, Berkshire Hathaway CEO Greg Abel has invested approximately $55 million into Macy’s (M), acquiring 3.04 million shares as of Q1 2026. The investment comes despite the stock being down nearly 16% year-to-date and trading at an 8x P/E ratio, suggesting significant pessimism in the market.
Topics: 13F Filing Berkshire Hathaway Macy's Value Investing