Kestra Private Wealth Services LLC Raises Holdings in The New York Times Company $NYT

Kestra Private Wealth Services LLC lifted its position in The New York Times Company (NYSE:NYT) by 174.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,660 shares of the company’s stock after purchasing an additional 9,945 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in New York Times were worth $1,311,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Navalign LLC bought a new stake in New York Times in the 4th quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its holdings in shares of New York Times by 74.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares in the last quarter. International Assets Investment Management LLC purchased a new position in shares of New York Times in the fourth quarter valued at $32,000. SOA Wealth Advisors LLC. bought a new stake in New York Times in the fourth quarter worth $34,000. Finally, Grove Bank & Trust bought a new stake in New York Times in the fourth quarter worth $42,000. 95.37% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, EVP Jacqueline M. Welch sold 4,000 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $74.14, for a total value of $296,560.00. Following the sale, the executive vice president directly owned 23,873 shares in the company, valued at approximately $1,769,944.22. This represents a 14.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director David S. Perpich sold 9,000 shares of the firm’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $77.06, for a total value of $693,540.00. Following the sale, the director directly owned 28,469 shares of the company’s stock, valued at $2,193,821.14. This represents a 24.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 17,121 shares of company stock valued at $1,310,920. 1.90% of the stock is currently owned by insiders.

More New York Times News

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

• Positive Sentiment: Multiple pieces of timely political and legal coverage, including several Supreme Court and election-related stories, could help drive readership and subscription engagement for NYT. Supreme Court to Weigh if Arizona Can Demand Proof of Citizenship to Vote
• Positive Sentiment: Live sports coverage from The Athletic, including World Cup match updates, may continue to support traffic and subscriber value for the company’s sports property. Netherlands vs Morocco live updates: Diop equalises World Cup 2026 match after emotional Gakpo goal
• Neutral Sentiment: Several articles are explanatory or feature pieces, including a look at polling methodology, A.I. in the workplace, and the best movies of 2026 so far, which are unlikely to move the stock by themselves. We’re Only Starting to Grasp the Pitfalls of Using A.I. at Work
• Neutral Sentiment: Other headlines, such as U.C. Berkeley naming an institute after Pelosi and additional World Cup coverage, are more likely to affect readership modestly than shift fundamentals. U.C. Berkeley Will Start Institute Named for Pelosi

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Barclays upped their price target on shares of New York Times from $60.00 to $66.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. UBS Group set a $80.00 target price on shares of New York Times in a report on Wednesday, June 24th. Citigroup restated a “neutral” rating on shares of New York Times in a research report on Wednesday, June 24th. Evercore reaffirmed an “outperform” rating and issued a $92.00 price target on shares of New York Times in a report on Thursday, May 7th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, New York Times has an average rating of “Moderate Buy” and a consensus target price of $83.22.

New York Times Stock Down 0.9%

NYT stock opened at $69.98 on Wednesday. The New York Times Company has a twelve month low of $51.03 and a twelve month high of $87.10. The stock has a market capitalization of $11.33 billion, a price-to-earnings ratio of 30.03, a price-to-earnings-growth ratio of 1.46 and a beta of 0.95. The firm’s fifty day simple moving average is $75.70 and its two-hundred day simple moving average is $75.55.

New York Times (NYSE:NYT) last released its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.12. The firm had revenue of $712.24 million during the quarter, compared to analyst estimates of $699.93 million. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The business’s revenue was up 12.0% on a year-over-year basis. During the same quarter last year, the business earned $0.41 EPS. As a group, equities research analysts expect that The New York Times Company will post 2.93 EPS for the current year.

New York Times Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, July 8th. New York Times’s payout ratio is 39.48%.

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.