LGT Fund Management Co Ltd. raised its holdings in The New York Times Company (NYSE:NYT – Free Report) by 27.8% in the first quarter, Holdings Channel reports. The fund owned 70,463 shares of the company’s stock after acquiring an additional 15,321 shares during the period. LGT Fund Management Co Ltd.’s holdings in New York Times were worth $5,900,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of NYT. Citizens Financial Group Inc. RI lifted its holdings in shares of New York Times by 30.6% during the 1st quarter. Citizens Financial Group Inc. RI now owns 15,033 shares of the company’s stock valued at $1,259,000 after purchasing an additional 3,519 shares in the last quarter. Fifth Third Bancorp raised its holdings in New York Times by 745.2% during the 1st quarter. Fifth Third Bancorp now owns 84,473 shares of the company’s stock worth $7,073,000 after buying an additional 74,479 shares during the period. AlpenGlobal Capital LLC bought a new position in New York Times in the first quarter valued at approximately $5,292,000. Hsbc Holdings PLC boosted its holdings in shares of New York Times by 19.1% in the first quarter. Hsbc Holdings PLC now owns 28,933 shares of the company’s stock valued at $2,423,000 after buying an additional 4,630 shares during the period. Finally, Kestra Advisory Services LLC boosted its holdings in shares of New York Times by 4.1% in the first quarter. Kestra Advisory Services LLC now owns 6,635 shares of the company’s stock valued at $556,000 after buying an additional 263 shares during the period. Institutional investors and hedge funds own 95.37% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently commented on NYT. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a report on Tuesday, April 21st. Evercore reiterated an “outperform” rating and set a $92.00 target price on shares of New York Times in a report on Thursday, May 7th. JPMorgan Chase & Co. lifted their price target on New York Times from $74.00 to $82.00 and gave the company an “overweight” rating in a research note on Friday, May 29th. Citigroup restated a “neutral” rating on shares of New York Times in a report on Wednesday, June 24th. Finally, Morgan Stanley set a $90.00 price objective on New York Times in a research report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, New York Times presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.22.
Insider Activity at New York Times
In related news, EVP William Bardeen sold 4,121 shares of New York Times stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $77.85, for a total value of $320,819.85. Following the sale, the executive vice president owned 14,560 shares of the company’s stock, valued at approximately $1,133,496. The trade was a 22.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David S. Perpich sold 9,000 shares of the company’s stock in a transaction dated 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 owned 28,469 shares in the company, valued at $2,193,821.14. The trade was a 24.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 17,121 shares of company stock valued at $1,310,920. 1.90% of the stock is owned by insiders.
New York Times News Roundup
Here are the key news stories impacting New York Times this week:
- Positive Sentiment: The New York Times continued to publish high-traffic original content across news, sports, travel, and culture, helping reinforce audience engagement and subscription value. An Insider’s Guide to 6 of Vienna’s Splendid Public Pools
- Positive Sentiment: Coverage of major live sports events, including Wimbledon, World Cup updates, and The Athletic’s breaking analysis, supports readership and engagement in premium sports content. Wimbledon 2026 live updates
- Positive Sentiment: The company and other publishers asked a court to sanction OpenAI in the copyright dispute, signaling a more aggressive legal stance that could strengthen NYT’s position in a potentially important revenue and IP case. Reuters article on OpenAI sanctions request
- Neutral Sentiment: The NYT’s broad mix of political, international, and feature reporting keeps the brand highly visible, but these stories are not likely to move the stock on their own. Why Some Women in Maine Are Mourning the End of Graham Platner’s Campaign
- Negative Sentiment: The escalating OpenAI litigation could be costly and prolonged, creating legal expense and uncertainty even if it ultimately supports the company’s content-rights claims. New York Times says OpenAI hid evidence in ChatGPT copyright trial
New York Times Stock Up 0.7%
NYT traded up $0.52 during trading hours on Friday, hitting $74.82. 1,213,304 shares of the company’s stock were exchanged, compared to its average volume of 1,666,283. The New York Times Company has a 1-year low of $51.03 and a 1-year high of $87.10. The stock’s 50-day moving average is $74.67 and its two-hundred day moving average is $75.78. The stock has a market cap of $12.11 billion, a price-to-earnings ratio of 32.11, a PEG ratio of 1.55 and a beta of 0.96.
New York Times (NYSE:NYT – Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.12. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The business had revenue of $712.24 million during the quarter, compared to the consensus estimate of $699.93 million. During the same quarter last year, the firm earned $0.41 earnings per share. The firm’s revenue for the quarter was up 12.0% compared to the same quarter last year. On average, equities research analysts anticipate that The New York Times Company will post 2.93 EPS for the current year.
New York Times Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 8th will be issued a $0.23 dividend. The ex-dividend date is Wednesday, July 8th. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. New York Times’s dividend payout ratio (DPR) is presently 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.
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