Intech Investment Management LLC Boosts Stake in The New York Times Company $NYT

Intech Investment Management LLC grew its position in shares of The New York Times Company (NYSE:NYT) by 143.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 232,445 shares of the company’s stock after acquiring an additional 137,037 shares during the quarter. Intech Investment Management LLC’s holdings in New York Times were worth $13,342,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of NYT. AQR Capital Management LLC grew its holdings in shares of New York Times by 78.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock worth $233,265,000 after purchasing an additional 1,836,788 shares during the period. Geode Capital Management LLC grew its stake in New York Times by 1.2% during the second quarter. Geode Capital Management LLC now owns 3,826,905 shares of the company’s stock worth $214,257,000 after buying an additional 46,249 shares during the period. Burgundy Asset Management Ltd. grew its stake in New York Times by 1.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,368,819 shares of the company’s stock worth $132,606,000 after buying an additional 43,595 shares during the period. Acadian Asset Management LLC increased its position in shares of New York Times by 26.5% in the second quarter. Acadian Asset Management LLC now owns 2,232,830 shares of the company’s stock worth $124,973,000 after acquiring an additional 467,492 shares in the last quarter. Finally, Marshall Wace LLP raised its stake in shares of New York Times by 62.5% in the 2nd quarter. Marshall Wace LLP now owns 1,858,061 shares of the company’s stock valued at $104,014,000 after acquiring an additional 714,366 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently weighed in on NYT shares. Citigroup decreased their price target on shares of New York Times from $81.00 to $77.00 and set a “buy” rating for the company in a research report on Thursday, February 5th. Morgan Stanley set a $68.00 target price on New York Times in a research report on Thursday, December 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a research note on Thursday, January 22nd. Argus raised New York Times to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, JPMorgan Chase & Co. increased their price objective on shares of New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $68.43.

Insiders Place Their Bets

In other New York Times news, CAO R Anthony Benten sold 1,913 shares of the firm’s stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the completion of the transaction, the chief accounting officer directly owned 37,772 shares of the company’s stock, valued at $2,778,886.04. This trade represents a 4.82% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.90% of the stock is currently owned by corporate insiders.

Key Headlines Impacting New York Times

Here are the key news stories impacting New York Times this week:

• Positive Sentiment: Broad, high-engagement political coverage (State of the Union live and follow-ups) likely drove traffic and subscriber interest; heavy event coverage typically lifts pageviews and ad revenue. 6 Takeaways From Trump’s State of the Union
• Positive Sentiment: Health reporting on high-interest topics (GLP‑1/Ozempic and public-health leadership) can attract broad readership and subscriptions, strengthening the Times’ premium-news moat. Game-Changing Drugs
• Positive Sentiment: Breaking investigative/local stories (for example, the F.B.I. raid on the Los Angeles schools chief) tend to generate sustained engagement and subscriptions from targeted audiences. F.B.I. Raids Los Angeles Schools Chief’s Home and District Headquarters
• Positive Sentiment: Recent quarterly results (Feb. 4) showed revenue and EPS beats and double‑digit revenue growth, supporting a bullish fundamental case for multiple expansion and subscriber momentum.
• Neutral Sentiment: Regular features (books, music, sports, arts) — e.g., weekly book recommendations, sports and culture pieces — sustain steady engagement but are less likely to move the stock materially on their own. 7 New Books We Recommend This Week
• Neutral Sentiment: Other lifestyle and regional stories (arts, local arrests, design features) contribute to audience depth but have mixed monetization impact. Immigration Agents Arrest Student Inside Columbia Building, School Says
• Negative Sentiment: Short interest rose sharply in February (up ~19.6% to ~9.68M shares; ~6.1% of float), signaling growing bearish bets that could put downward pressure on the stock if sentiment shifts or news disappoints.

New York Times Stock Performance

Shares of NYSE NYT opened at $78.89 on Friday. The New York Times Company has a 1 year low of $44.83 and a 1 year high of $79.41. The stock’s 50-day simple moving average is $71.86 and its 200-day simple moving average is $64.19. The firm has a market cap of $12.81 billion, a price-to-earnings ratio of 37.75, a PEG ratio of 2.40 and a beta of 1.11.

New York Times (NYSE:NYT) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01. New York Times had a return on equity of 21.02% and a net margin of 12.18%.The firm had revenue of $802.31 million during the quarter, compared to analyst estimates of $791.55 million. During the same quarter last year, the firm earned $0.80 EPS. New York Times’s quarterly revenue was up 10.4% on a year-over-year basis. As a group, research analysts predict that The New York Times Company will post 2.08 EPS for the current year.

New York Times Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be issued a $0.23 dividend. This is a boost from New York Times’s previous quarterly dividend of $0.18. This represents a $0.92 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times’s dividend payout ratio is currently 44.02%.

New York Times Company Profile

The New York Times Company is a publicly traded media organization best known for publishing The New York Times newspaper and operating the NYTimes.com digital platform. The company produces daily print and digital journalism covering national and international news, opinion pieces, feature stories, and multimedia content. Alongside its flagship newspaper, the firm offers a range of subscription-based services, including Times Cooking, NYT Games, podcasts and newsletters, designed to engage a broad audience of readers and advertisers.

Founded in 1851 by Henry Jarvis Raymond and George Jones, The New York Times has built a reputation for in-depth reporting and investigative journalism.