Private Client Services LLC lowered its position in shares of The New York Times Company (NYSE:NYT – Free Report) by 69.8% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,010 shares of the company’s stock after selling 11,592 shares during the period. Private Client Services LLC’s holdings in New York Times were worth $351,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently made changes to their positions in the company. Genus Capital Management Inc. purchased a new stake in New York Times in the 4th quarter valued at about $4,945,000. Horizon Investments LLC boosted its stake in New York Times by 52.8% during the fourth quarter. Horizon Investments LLC now owns 97,772 shares of the company’s stock worth $6,770,000 after buying an additional 33,804 shares during the period. LGT Fund Management Co Ltd. increased its position in shares of New York Times by 27.8% during the first quarter. LGT Fund Management Co Ltd. now owns 70,463 shares of the company’s stock valued at $5,900,000 after acquiring an additional 15,321 shares during the last quarter. Resona Asset Management Co. Ltd. acquired a new stake in shares of New York Times during the first quarter valued at about $1,752,000. Finally, Geode Capital Management LLC raised its stake in shares of New York Times by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 3,922,565 shares of the company’s stock valued at $272,347,000 after acquiring an additional 50,389 shares during the period. Hedge funds and other institutional investors own 95.37% of the company’s stock.
Insider Buying and Selling
In other news, EVP William Bardeen sold 4,121 shares of the business’s stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $77.85, for a total transaction of $320,819.85. Following the completion of the transaction, the executive vice president directly 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 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 company’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 transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 17,121 shares of company stock valued at $1,310,920 in the last three months. 1.90% of the stock is owned by corporate insiders.
Key New York Times News
- Positive Sentiment: Digital growth remains the key support. Analysts are watching whether continued subscriber gains, digital advertising and paid products can sustain NYT’s revenue growth and earnings trajectory ahead of the quarterly report. The New York Times Company Q2 Earnings Loom: Key Trends to Track
- Positive Sentiment: Broad, high-profile coverage may support engagement. Recent NYT output spans major political, international, climate, technology, entertainment and sports stories, including extensive MLB trade-deadline and Athletic coverage. Strong reader interest across these categories can help retention, traffic and the value of the company’s subscription bundle. 2026 MLB Trade Deadline live tracker
- Neutral Sentiment: Most other recent headlines are editorial rather than financial. Coverage of Iran, U.S. politics, climate grants, artificial intelligence regulation, culture and sports is unlikely to materially change NYT’s fundamentals immediately, but it reinforces the breadth of the company’s news and lifestyle offerings.
- Negative Sentiment: Execution risks remain ahead of earnings. The earnings preview specifically flags declining print revenue and rising operating expenses. With the shares valued at roughly 33 times earnings and trading near the 200-day moving average, results or guidance that fail to confirm digital-growth expectations could pressure the stock.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on NYT. Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a research report on Friday, July 17th. Guggenheim upped their price target on New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Citigroup restated a “neutral” rating on shares of New York Times in a research report on Wednesday, June 24th. JPMorgan Chase & Co. lifted their price objective 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. Finally, UBS Group set a $80.00 price objective on New York Times in a report on Wednesday, June 24th. Two research analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $83.22.
View Our Latest Analysis on New York Times
New York Times Stock Up 0.5%
Shares of NYT opened at $75.84 on Wednesday. The company has a market cap of $12.28 billion, a P/E ratio of 32.55, a PEG ratio of 1.56 and a beta of 0.95. The New York Times Company has a fifty-two week low of $53.48 and a fifty-two week high of $87.10. The firm’s 50 day moving average price is $73.89 and its 200 day moving average price is $76.31.
New York Times (NYSE:NYT – Get Free Report) last posted its quarterly earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, topping the consensus estimate 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 in the previous year, the firm posted $0.41 earnings per share. The company’s quarterly revenue was up 12.0% compared to the same quarter last year. Research analysts forecast that The New York Times Company will post 2.93 earnings per share for the current year.
New York Times Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Wednesday, July 8th were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Wednesday, July 8th. New York Times’s payout ratio is presently 39.48%.
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.
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