Cim LLC Acquires Shares of 46,753 The New York Times Company $NYT

Cim LLC acquired a new position in shares of The New York Times Company (NYSE:NYT) during the 1st quarter, Holdings Channel reports. The firm acquired 46,753 shares of the company’s stock, valued at approximately $3,915,000.

A number of other institutional investors also recently modified their holdings of NYT. Navalign LLC acquired a new position in shares of New York Times in the fourth quarter valued at about $25,000. Cornerstone Planning Group LLC increased its position in New York Times by 74.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the period. International Assets Investment Management LLC bought a new stake in New York Times in the 4th quarter valued at about $32,000. SOA Wealth Advisors LLC. bought a new stake in New York Times in the 4th quarter valued at about $34,000. Finally, SJS Investment Consulting Inc. grew its position in shares of New York Times by 313.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 567 shares of the company’s stock worth $47,000 after purchasing an additional 430 shares in the last quarter. Institutional investors own 95.37% of the company’s stock.

New York Times Stock Performance

Shares of NYT opened at $77.78 on Thursday. The New York Times Company has a 52-week low of $51.03 and a 52-week high of $87.10. The business’s fifty day moving average is $73.83 and its 200-day moving average is $76.19. The firm has a market cap of $12.59 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 1.56 and a beta of 0.96.

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

New York Times Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 8th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Wednesday, July 8th. New York Times’s dividend payout ratio (DPR) is presently 39.48%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on NYT. Wall Street Zen raised shares of New York Times from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Barclays boosted their price target on 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. Guggenheim increased their price target on New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Morgan Stanley set a $90.00 price objective on New York Times in a research note on Thursday, May 7th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $95.00 price objective on shares of New York Times in a report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, New York Times presently has an average rating of “Moderate Buy” and an average target price of $83.22.

Insider Activity

In related news, Director David S. Perpich sold 9,000 shares of New York Times stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $77.06, for a total transaction of $693,540.00. Following the sale, the director directly owned 28,469 shares of the company’s stock, valued at approximately $2,193,821.14. The trade was a 24.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Jacqueline M. Welch sold 4,000 shares of New York Times stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $74.14, for a total transaction of $296,560.00. Following the sale, the executive vice president directly owned 23,873 shares in the company, valued at $1,769,944.22. This trade represents a 14.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 17,121 shares of company stock worth $1,310,920. Corporate insiders own 1.90% of the company’s stock.

Key Stories Impacting New York Times

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

• Positive Sentiment: Strong financial backdrop: New York Times recently exceeded quarterly earnings and revenue expectations, with revenue rising 12% year over year. That performance supports confidence in the company’s digital-subscription strategy and helps explain continued strength in the stock.
• Positive Sentiment: Broad, high-profile coverage may support engagement: NYT published extensive coverage of artificial intelligence, the Federal Reserve, tariffs, geopolitical conflicts, natural disasters and entertainment. Sustained breadth across news and culture can help attract subscribers and maintain advertising and subscription engagement. Federal Reserve article
• Neutral Sentiment: Macro coverage remains important but not directly financial: Articles on interest-rate policy, AI infrastructure demand, tariffs, Medicare subsidies and international conflicts could influence the economic environment for advertisers and consumers, but they do not represent new NYT financial guidance. AI infrastructure article
• Negative Sentiment: $15 billion Trump lawsuit remains active: A federal judge declined to dismiss President Trump’s defamation case against The New York Times at this stage, although the complaint must be amended. The procedural ruling preserves legal uncertainty, potential defense costs and reputational risk, even though it does not determine the lawsuit’s merits. Trump lawsuit article

About New York Times

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.