Bank of New York Mellon Corp decreased its position in shares of The New York Times Company (NYSE:NYT – Free Report) by 6.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,468,607 shares of the company’s stock after selling 103,620 shares during the quarter. Bank of New York Mellon Corp’s holdings in New York Times were worth $101,951,000 as of its most recent SEC filing.
Several other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC lifted its position in shares of New York Times by 78.1% during the 2nd quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock valued at $233,265,000 after acquiring an additional 1,836,788 shares during the period. Two Sigma Investments LP grew its position in shares of New York Times by 98.5% during the 3rd quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock valued at $117,993,000 after acquiring an additional 1,020,031 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of New York Times by 77.2% during the 4th quarter. Goldman Sachs Group Inc. now owns 1,924,396 shares of the company’s stock valued at $133,592,000 after buying an additional 838,305 shares during the last quarter. American Century Companies Inc. increased its stake in shares of New York Times by 73.0% in the third quarter. American Century Companies Inc. now owns 1,365,608 shares of the company’s stock worth $78,386,000 after purchasing an additional 576,466 shares in the last quarter. Finally, Qube Research & Technologies Ltd raised its holdings in New York Times by 35.4% during the 3rd quarter. Qube Research & Technologies Ltd now owns 1,574,005 shares of the company’s stock valued at $90,348,000 after acquiring an additional 411,125 shares during the period. 95.37% of the stock is owned by institutional investors.
New York Times Stock Performance
NYSE NYT opened at $76.79 on Monday. The company has a market capitalization of $12.43 billion, a P/E ratio of 32.96, a P/E/G ratio of 1.59 and a beta of 0.95. The New York Times Company has a 52-week low of $51.03 and a 52-week high of $87.10. The company has a fifty day moving average of $79.14 and a 200-day moving average of $74.61.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on NYT. Guggenheim increased their price target on shares of New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Barclays boosted their price target on shares of New York Times from $60.00 to $66.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Evercore reiterated an “outperform” rating and issued a $92.00 price objective on shares of New York Times in a research report on Thursday, May 7th. Bank of America assumed coverage on New York Times in a research note on Wednesday, April 22nd. They set a “neutral” rating and a $84.00 price objective for the company. Finally, Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, New York Times currently has an average rating of “Moderate Buy” and an average target price of $81.67.
Read Our Latest Stock Analysis on NYT
Trending Headlines about New York Times
Here are the key news stories impacting New York Times this week:
- Negative Sentiment: The Schall Law Firm said it is investigating potential breaches of fiduciary duty by The New York Times Company’s directors and management, which can create uncertainty and weigh on investor sentiment. NYT Investors Have the Opportunity to Join Investigation of The New York Times Company with the Schall Law Firm
- Neutral Sentiment: Several New York Times articles on elections and politics were published over the past day, including live primary results and Washington coverage, but these are routine content updates and are unlikely to materially affect NYT’s business outlook. Montana U.S. Senate Primary 2026: Live Election Results
- Neutral Sentiment: Zacks noted that NYT has fallen since its last earnings report, suggesting the market is still digesting recent results and looking for the next catalyst. Why Is New York Times (NYT) Down 6.2% Since Last Earnings Report?
Insider Activity at New York Times
In related news, EVP William Bardeen sold 4,121 shares of the business’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $77.85, for a total value of $320,819.85. Following the completion of the sale, the executive vice president owned 14,560 shares in the company, valued at $1,133,496. The trade was a 22.06% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available 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 value of $693,540.00. Following the completion of the sale, the director directly owned 28,469 shares of the company’s stock, valued at approximately $2,193,821.14. This represents a 24.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 17,121 shares of company stock valued at $1,310,920. Corporate insiders own 1.90% of the company’s stock.
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.
Further Reading
- Five stocks we like better than New York Times
- These 3 Insurance Stocks Made New 52-Week Highs: Still Time to Buy?
- 3 Stocks Under $20 to Buy Before a Broader Market Rally
- Petco Faces Tough Competition, But Momentum Is Building
- The Lock-In Effect Is Real—These 3 Homebuilders Are Betting on It
Want to see what other hedge funds are holding NYT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The New York Times Company (NYSE:NYT – Free Report).
Receive News & Ratings for New York Times Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for New York Times and related companies with MarketBeat.com's FREE daily email newsletter.
