BI Asset Management Fondsmaeglerselskab A S Invests $8.94 Million in The New York Times Company $NYT

BI Asset Management Fondsmaeglerselskab A S acquired a new position in The New York Times Company (NYSE:NYT) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 106,737 shares of the company’s stock, valued at approximately $8,937,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NYT. Andina Capital Management LLC grew its stake in New York Times by 1.7% in the 4th quarter. Andina Capital Management LLC now owns 8,814 shares of the company’s stock valued at $612,000 after buying an additional 147 shares in the last quarter. Jackson Thornton Wealth Management LLC raised its holdings in New York Times by 3.5% during the 4th quarter. Jackson Thornton Wealth Management LLC now owns 4,355 shares of the company’s stock valued at $302,000 after acquiring an additional 148 shares during the period. Brown Advisory Inc. lifted its position in shares of New York Times by 1.1% during the fourth quarter. Brown Advisory Inc. now owns 17,944 shares of the company’s stock worth $1,246,000 after acquiring an additional 189 shares in the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of New York Times by 74.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares during the period. Finally, WPG Advisers LLC boosted its holdings in shares of New York Times by 15.1% in the fourth quarter. WPG Advisers LLC now owns 1,531 shares of the company’s stock worth $106,000 after acquiring an additional 201 shares during the period. 95.37% of the stock is currently owned by institutional investors.

Key Stories Impacting New York Times

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

• Positive Sentiment: The Times published several prominent political and geopolitical stories, including coverage of Ukraine’s drone attacks on Moscow, the U.S.-Iran deal, and Trump administration developments, which can boost traffic on a news-heavy day. ‘Game Changer’? Too Soon to Tell. But Ukraine Flexed in Striking Moscow.
• Positive Sentiment: Sports coverage tied to the World Cup and Knicks celebrations may also draw strong readership, supporting engagement across The Athletic and core NYT products. USMNT vs Australia live updates: Latest score with Christian Pulisic out of World Cup 2026 match
• Neutral Sentiment: Several entertainment pieces, including coverage of “House of the Dragon” and “Toy Story 5,” add breadth to the content mix but are less likely to materially move the stock on their own. Joan Cusack and Jessie Take the Lead in ‘Toy Story 5’
• Neutral Sentiment: Zacks noted NYT’s year-to-date performance versus other consumer staples stocks, but the item is mainly comparative commentary rather than a direct business catalyst. Is The New York Times Company (NYT) Outperforming Other Consumer Staples Stocks This Year?

New York Times Stock Performance

New York Times stock opened at $73.11 on Monday. The New York Times Company has a fifty-two week low of $51.03 and a fifty-two week high of $87.10. The stock has a market cap of $11.83 billion, a P/E ratio of 31.38, a PEG ratio of 1.51 and a beta of 0.95. The firm’s fifty day moving average price is $76.96 and its 200-day moving average price is $75.26.

New York Times (NYSE:NYT) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.12. New York Times had a return on equity of 22.02% and a net margin of 13.18%.The company had revenue of $712.24 million during the quarter, compared to analyst estimates of $699.93 million. During the same quarter last year, the company earned $0.41 earnings per share. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. Sell-side analysts predict that The New York Times Company will post 2.93 earnings per share for the current year.

New York Times Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.92 annualized dividend and a dividend yield of 1.3%. New York Times’s dividend payout ratio (DPR) is presently 39.48%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on NYT shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $95.00 price target on shares of New York Times in a research report on Thursday, May 7th. Evercore reissued an “outperform” rating and set a $92.00 price objective on shares of New York Times in a report on Thursday, May 7th. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a research note on Tuesday, April 21st. Guggenheim lifted their target price on New York Times from $63.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Finally, Citigroup upped their price target on New York Times from $77.00 to $94.00 and gave the company a “buy” rating in a research report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, New York Times has a consensus rating of “Moderate Buy” and an average target price of $81.67.

Insider Activity

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 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 document filed 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 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 completion of the transaction, the director owned 28,469 shares in the company, valued at approximately $2,193,821.14. This trade represents a 24.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 17,121 shares of company stock worth $1,310,920. 1.90% of the stock is currently owned by insiders.

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.