Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint
Berkshire Hathaway has disclosed a $55 million stake in Macy's, acquiring approximately 3 million shares. This investment comes as Macy's undergoes a restructuring campaign aimed at improving its financial performance. Following the announcement, Macy's stock rose nearly 6% in after-hours trading.
- ▪Berkshire Hathaway revealed a new $55 million position in Macy's Inc. in its quarterly filing.
- ▪The stake represents roughly 3 million shares of the department store chain.
- ▪Macy's stock jumped about 5.9% in after-hours trading after the disclosure.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/19000130/berkshire-hathaway-takes-55m-stake-in-macy-s-amid-turnaround-1-800x420.jpeg" alt="Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint" class="w-full aspect-[19/10] object-cover" /> Berkshire Hathaway reveals $55M stake in Macy’s after Buffett’s hint Warren Buffett's conglomerate quietly picked up roughly 3 million shares of the department store chain during Q1, sending Macy's stock up nearly 6% after hours. Share Add us on Google by Editorial Team May. 19, 2026 Berkshire Hathaway, the conglomerate synonymous with Warren Buffett’s value investing philosophy, disclosed a new $55 million position in Macy’s Inc. in its latest quarterly filing.
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