Kesler Norman & Wride LLC Has $1.15 Million Holdings in The New York Times Company $NYT

Kesler Norman & Wride LLC trimmed its holdings in shares of The New York Times Company (NYSE:NYT) by 28.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,987 shares of the company’s stock after selling 7,854 shares during the period. Kesler Norman & Wride LLC’s holdings in New York Times were worth $1,147,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of NYT. AQR Capital Management LLC grew its holdings in 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 acquiring an additional 1,836,788 shares during the period. Abrams Bison Investments LLC bought a new position in shares of New York Times in the 2nd quarter worth $78,932,000. Boston Trust Walden Corp acquired a new stake in shares of New York Times during the third quarter worth $58,209,000. Marshall Wace LLP grew its stake in shares of New York Times by 62.5% during the second quarter. Marshall Wace LLP now owns 1,858,061 shares of the company’s stock worth $104,014,000 after purchasing an additional 714,366 shares during the period. Finally, Wedge Capital Management L L P NC bought a new stake in New York Times in the second quarter valued at about $37,328,000. Institutional investors and hedge funds own 95.37% of the company’s stock.

Analyst Ratings Changes

NYT has been the subject of several analyst reports. Citigroup boosted their target price on New York Times from $72.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, December 23rd. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a report on Wednesday, October 8th. Evercore ISI reaffirmed an “outperform” rating on shares of New York Times in a research note on Thursday, November 6th. Morgan Stanley set a $68.00 price target on shares of New York Times in a research report on Thursday, December 18th. Finally, Barclays raised their price objective on New York Times from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research note on Thursday, November 6th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $65.71.

Trending Headlines about New York Times

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

• Positive Sentiment: Analysts maintain a favorable view — NYT has a consensus “moderate buy,” which supports demand and gives investors cover to hold or add. The New York Times Company (NYSE:NYT) Receives Consensus Rating of “Moderate Buy” from Analysts
• Positive Sentiment: Momentum narrative: coverage noting NYT at a 52‑week high highlights positive price momentum and investor interest; analysts and momentum traders may keep buying on strength. The New York Times Company (NYT) Hits Fresh High: Is There Still Room to Run?
• Neutral Sentiment: Geopolitical/tail events that drive traffic: U.S. boarding of Venezuelan tankers and related Venezuela coverage can increase page views and subscriptions short term, supporting ad and subscription revenue, but these are event-driven and unpredictable. U.S. Boards Another Tanker Carrying Venezuelan Oil
• Neutral Sentiment: Big news and breaking coverage (Iran protests) typically boosts engagement and subscriber retention; good for NYT’s traffic but not a guaranteed earnings driver. Iran’s Supreme Leader Vows to ‘Not Back Down’ as Protests Swell
• Neutral Sentiment: Russia’s reported use of a nuclear-capable missile in Ukraine is high‑impact news that can drive sustained international readership and subscriptions, supporting revenue variability. Russia Says It Used Nuclear-Capable Missile to Strike Western Ukraine
• Neutral Sentiment: Economic coverage: NYT’s live jobs‑report updates and business reporting can attract engaged readers and subscribers interested in markets and the economy; positive for engagement but less direct near‑term impact on stock price. Live Updates: Jobs Report to Provide Insight on Murky Hiring Picture
• Neutral Sentiment: Opinion/brand presence: columnist Tom Friedman’s TV appearance raises NYT’s profile and can indirectly support subscriptions and influence. NYT’s Tom Friedman: Our oil companies need a legal structure in order to operate in Venezuela

New York Times Stock Down 0.9%

Shares of NYT stock opened at $70.98 on Friday. The firm has a 50 day moving average price of $66.19 and a two-hundred day moving average price of $60.02. The New York Times Company has a 12-month low of $44.83 and a 12-month high of $71.90. The company has a market capitalization of $11.52 billion, a PE ratio of 34.62, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12.

New York Times (NYSE:NYT) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.05. New York Times had a net margin of 12.29% and a return on equity of 20.30%. The business had revenue of $700.82 million during the quarter, compared to analysts’ expectations of $692.01 million. During the same quarter in the previous year, the company earned $0.45 EPS. The business’s revenue was up 9.5% on a year-over-year basis. As a group, research analysts expect that The New York Times Company will post 2.08 EPS for the current year.

New York Times Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Investors of record on Tuesday, January 6th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Tuesday, January 6th. New York Times’s payout ratio is 35.12%.

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.