Advisors Asset Management Inc. Increases Stake in The New York Times Company $NYT

Advisors Asset Management Inc. grew its stake in shares of The New York Times Company (NYSE:NYT) by 26.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 40,775 shares of the company’s stock after purchasing an additional 8,523 shares during the quarter. Advisors Asset Management Inc.’s holdings in New York Times were worth $2,340,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in NYT. AQR Capital Management LLC increased its stake in shares of New York Times by 78.1% in the second quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock worth $233,265,000 after buying an additional 1,836,788 shares during the period. Geode Capital Management LLC grew its holdings in New York Times by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 3,826,905 shares of the company’s stock worth $214,257,000 after acquiring an additional 46,249 shares during the last quarter. Burgundy Asset Management Ltd. increased its position in shares of New York Times by 1.9% in the second quarter. Burgundy Asset Management Ltd. now owns 2,368,819 shares of the company’s stock valued at $132,606,000 after acquiring an additional 43,595 shares during the period. Acadian Asset Management LLC raised its stake in shares of New York Times by 26.5% during the second quarter. Acadian Asset Management LLC now owns 2,232,830 shares of the company’s stock valued at $124,973,000 after acquiring an additional 467,492 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings 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. Institutional investors own 95.37% of the company’s stock.

New York Times Trading Up 1.0%

NYT opened at $73.00 on Monday. The company has a market cap of $11.85 billion, a price-to-earnings ratio of 34.93, a price-to-earnings-growth ratio of 2.25 and a beta of 1.11. The stock has a fifty day simple moving average of $70.37 and a two-hundred day simple moving average of $63.02. The New York Times Company has a 12-month low of $44.83 and a 12-month high of $74.04.

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

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.23 per share. This is a positive change from New York Times’s previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times’s payout ratio is 34.45%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NYT. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. UBS Group set a $62.00 target price on New York Times in a research note on Thursday, November 6th. JPMorgan Chase & Co. upped their target price on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a report on Thursday, February 5th. Citigroup cut their price target on shares of New York Times from $81.00 to $77.00 and set a “buy” rating on the stock in a report on Thursday, February 5th. Finally, Evercore ISI reissued an “outperform” rating on shares of New York Times in a research report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.43.

Trending Headlines about New York Times

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

• Positive Sentiment: Big investigative scoop: NYT published that Goldman’s top lawyer resigned amid revelations about ties to Jeffrey Epstein — a high-profile investigative story that typically drives spikes in paid readership and engagement. Goldman’s Top Lawyer Departs Amid Revelations About Her Ties to Epstein
• Positive Sentiment: Follow-on Epstein coverage and industry fallout — including reporting on agency departures and organizers tied to Epstein — extends the news cycle, increasing page views and potential subscriber conversions. L.A. 2028 Olympic Organizers Stand By Chairman Linked to Epstein
• Positive Sentiment: Another related personnel/exposure story (sports agency fallout) adds to sustained coverage that can monetize across newsletters, podcasts and video. Abby Wambach leaves Wasserman Agency over founder’s ties to Jeffrey Epstein
• Positive Sentiment: Macro tailwind: NYT reported that U.S. inflation eased at the start of the year, a development investors view as supportive for ad spending and consumer-facing revenues. That can help NYT’s ad revenue recovery alongside subscription growth. U.S. Inflation Eased at Start of the Year
• Neutral Sentiment: Live Olympic and sports coverage (men’s figure skating updates, other Olympic stories) is generating traffic but is more episodic; valuable for engagement though less predictive of sustained subscription growth. Men’s figure skating live updates: Ilia Malinin enters free skate final with lead at 2026 Winter Olympics
• Neutral Sentiment: Tech coverage on industry revenue challenges (OpenAI) and other national political pieces appear in today’s feed; they help overall audience breadth but have an indirect impact on NYT’s near-term revenue. OpenAI’s Biggest Challenge Is Turning Its A.I. Into a Cash Machine

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.