Alps Advisors Inc. Has $15.85 Million Stock Position in The New York Times Company $NYT

Alps Advisors Inc. lifted its holdings in The New York Times Company (NYSE:NYT) by 6.5% during the 3rd quarter, Holdings Channel reports. The fund owned 276,050 shares of the company’s stock after acquiring an additional 16,936 shares during the quarter. Alps Advisors Inc.’s holdings in New York Times were worth $15,845,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of NYT. Empowered Funds LLC bought a new position in New York Times in the 1st quarter valued at $442,000. Focus Partners Wealth raised its position in shares of New York Times by 52.2% during the first quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after acquiring an additional 3,990 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in New York Times by 690.7% in the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock valued at $42,000 after acquiring an additional 739 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in New York Times during the 2nd quarter worth about $380,000. Finally, Blue Trust Inc. lifted its position in New York Times by 20.0% during the 2nd quarter. Blue Trust Inc. now owns 1,769 shares of the company’s stock valued at $99,000 after purchasing an additional 295 shares during the period. 95.37% of the stock is currently owned by institutional investors.

New York Times Price Performance

NYSE:NYT opened at $68.07 on Monday. The business’s 50-day simple moving average is $69.69 and its 200-day simple moving average is $62.35. The New York Times Company has a fifty-two week low of $44.83 and a fifty-two week high of $74.04. The stock has a market capitalization of $11.05 billion, a PE ratio of 32.57, a price-to-earnings-growth ratio of 2.10 and a beta of 1.11.

New York Times (NYSE:NYT) last announced its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.88 by $0.01. New York Times had a net margin of 12.18% and a return on equity of 21.02%. The firm had revenue of $802.31 million for the quarter, compared to the consensus estimate of $791.55 million. During the same period last year, the company posted $0.80 EPS. The business’s quarterly revenue was up 10.4% on a year-over-year basis. On average, research analysts expect that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a boost from New York Times’s previous quarterly dividend of $0.18. New York Times’s dividend payout ratio (DPR) is currently 34.45%.

Analyst Ratings Changes

NYT has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted their price target on shares of New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a research note on Thursday. Evercore ISI reissued an “outperform” rating on shares of New York Times in a research note on Thursday. Evercore boosted their target price on New York Times from $69.00 to $75.00 and gave the stock an “outperform” rating in a research report on Thursday. Morgan Stanley set a $68.00 price target on New York Times in a research note on Thursday, December 18th. Finally, Guggenheim set a $63.00 price objective on shares of New York Times and gave the stock a “neutral” rating in a research note on Wednesday. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, New York Times has an average rating of “Moderate Buy” and a consensus price target of $68.43.

Key Stories Impacting New York Times

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

• Positive Sentiment: Q4 earnings showed continued digital momentum: revenue rose ~10.4%, digital subscriptions, ARPU and advertising strength lifted results and free cash flow was reported at $550.5M — a key fundamental positive for recurring-revenue growth. The New York Times’ Q4 Earnings Beat Highlights Digital Momentum
• Positive Sentiment: The board raised the quarterly dividend to $0.23 (a ~27.8% increase versus prior), which boosts income appeal and signals management confidence in cash flow.
• Positive Sentiment: Evercore ISI raised its price target to $75 and kept an outperform rating — a vote of confidence that implies meaningful upside from current levels. New York Times (NYSE:NYT) Price Target Raised to $75.00 at Evercore ISI
• Positive Sentiment: J.P. Morgan raised its target to $74 and carries an overweight rating, adding institutional validation for the stock’s growth thesis. New York Times (NYSE:NYT) Price Target Raised to $74.00 at JPMorgan Chase & Co.
• Neutral Sentiment: Analyst/commentary pieces highlight NYT as a long-term growth stock based on digital subscription trends; helpful for sentiment but not an immediate catalyst. Why New York Times Co. (NYT) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: High-profile content (Olympics coverage and other major stories) can lift traffic and engagement intermittently, but the immediate stock effect is uncertain. Example Olympic coverage: USA women’s hockey / norovirus story. USA downs Czech Republic on Day 1 of Olympic women’s hockey headlined by norovirus outbreak
• Negative Sentiment: Despite the positive newsflow, shares are lower today — likely reflecting near-term profit-taking after recent gains, a relatively high P/E (~32.6) and limited immediate upside for traders who had already priced in the beat and analyst raises. Investors should watch upcoming subscription trends and guidance for confirmation of sustained digital growth.

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.