The New York Times Company $NYT Stock Position Lowered by LGT Group Foundation

LGT Group Foundation trimmed its position in shares of The New York Times Company (NYSE:NYT) by 38.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 367,464 shares of the company’s stock after selling 226,532 shares during the quarter. LGT Group Foundation’s holdings in New York Times were worth $20,460,000 at the end of the most recent quarter.

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

New York Times Stock Performance

Shares of NYSE NYT opened at $80.39 on Monday. The business has a 50 day simple moving average of $73.08 and a 200 day simple moving average of $65.16. The New York Times Company has a 52 week low of $44.83 and a 52 week high of $82.74. The stock has a market cap of $13.05 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 2.49 and a beta of 1.09.

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 the consensus estimate of $0.88 by $0.01. The firm had revenue of $802.31 million for the quarter, compared to analyst estimates of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same quarter last year, the firm earned $0.80 earnings per share. On average, analysts predict that The New York Times Company will post 2.08 EPS for the current year.

New York Times Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a boost from New York Times’s previous quarterly dividend of $0.18. New York Times’s dividend payout ratio (DPR) is presently 34.45%.

Key New York Times News

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

• Positive Sentiment: Heavy, breaking coverage of Iran’s leadership change is driving large-scale news demand (live updates, analysis), which tends to increase site traffic, subscriber conversions and engagement for NYT. Live Updates: Iran Names Khamenei’s Son Supreme Leader
• Positive Sentiment: Reporting on U.S. strikes and the video of a Tomahawk hitting a base near a school (and related attacks on infrastructure) is high-impact journalism that typically lifts short-term traffic and subscription interest. U.S. Tomahawk Hit Naval Base Beside Iranian School, Video Shows
• Positive Sentiment: Surging oil and gasoline prices are producing political and consumer stories that attract readers (and ad impressions) — NYT is covering the political fallout and consumer pain points, which can boost engagement and monetization. Gas Prices Continue to Surge in U.S., Rising 14% in a Week
• Neutral Sentiment: Extensive sports and lifestyle content (Athletic features, F1, Paralympics, club soccer previews) provides steady, engaged readership but is less likely to move the stock materially in the short term. Example: coverage of Newcastle’s buildup to Barcelona. What Newcastle must do before ‘the biggest game in their history’ against Barcelona
• Neutral Sentiment: Arts and local-interest reporting (e.g., the Met Opera’s funding search, museum moves) sustains brand value and long-term subscriber loyalty but usually doesn’t trigger immediate stock moves. The Met Opera’s Desperate Hunt for Money
• Negative Sentiment: Despite strong content flow, investors may be trimming NYT shares on broader market/sector weakness and profit-taking—the stock trades at a premium (P/E ~38.5) after recent gains (near its 52‑week high), leaving it vulnerable to rotation away from expensive growth/consumer-media names.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Barclays increased their price target on shares of New York Times from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 20th. Wall Street Zen lowered shares of New York Times from a “buy” rating to a “hold” rating in a research note on Saturday. JPMorgan Chase & Co. increased their target price on shares of New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Morgan Stanley set a $68.00 target price on shares of New York Times in a research note on Thursday, December 18th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a research note on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $68.43.

Insiders Place Their Bets

In other news, EVP William Bardeen sold 13,000 shares of the company’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the completion of the sale, the executive vice president owned 18,681 shares in the company, valued at approximately $1,486,260.36. This represents a 41.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the completion of the transaction, the chairman directly owned 172,338 shares in the company, valued at $13,778,423.10. The trade was a 7.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,913 shares of company stock valued at $2,214,369 over the last three months. 1.90% of the stock is currently owned by insiders.

New York Times 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.