Rep. Lisa C. McClain Sells The New York Times Company (NYSE:NYT) Shares

Representative Lisa C. McClain (R-Michigan) recently sold shares of The New York Times Company (NYSE:NYT). In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in New York Times stock on August 4th. The trade occurred in the Representative’s “CHARLES SCHWAB BROKERAGE ACCOUNT 924” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 – $100,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 8/28/2025.
• Purchased $1,001 – $15,000 in shares of ACI Worldwide (NASDAQ:ACIW) on 8/19/2025.
• Purchased $1,001 – $15,000 in shares of HCA Healthcare (NYSE:HCA) on 8/19/2025.
• Sold $1,001 – $15,000 in shares of Amedisys (NASDAQ:AMED) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Kite Realty Group Trust (NYSE:KRG) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of JD.com (NASDAQ:JD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of Trade Desk (NASDAQ:TTD) on 8/13/2025.
• Sold $1,001 – $15,000 in shares of US Foods (NYSE:USFD) on 8/13/2025.
• Purchased $1,001 – $15,000 in shares of Agree Realty (NYSE:ADC) on 8/13/2025.

New York Times Stock Performance

Shares of NYT opened at $58.42 on Monday. The New York Times Company has a 52-week low of $44.83 and a 52-week high of $62.24. The business’s fifty day moving average is $57.12 and its 200-day moving average is $54.08. The firm has a market cap of $9.51 billion, a price-to-earnings ratio of 30.11, a PEG ratio of 1.47 and a beta of 1.16.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, August 6th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.50 by $0.08. New York Times had a return on equity of 19.55% and a net margin of 11.92%.The company had revenue of $685.90 million for the quarter, compared to analyst estimates of $670.22 million. During the same quarter last year, the company posted $0.45 EPS. The company’s revenue for the quarter was up 9.7% compared to the same quarter last year. As a group, research analysts forecast that The New York Times Company will post 2.08 EPS for the current fiscal year.

New York Times Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Wednesday, July 9th were paid a $0.18 dividend. The ex-dividend date was Wednesday, July 9th. This represents a $0.72 annualized dividend and a dividend yield of 1.2%. New York Times’s dividend payout ratio (DPR) is presently 37.11%.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC boosted its holdings in 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 acquiring an additional 1,836,788 shares in the last quarter. Abrams Bison Investments LLC bought a new stake in shares of New York Times during the second quarter valued at approximately $78,932,000. Acadian Asset Management LLC raised its position in shares of New York Times by 383.0% during the first quarter. Acadian Asset Management LLC now owns 1,765,338 shares of the company’s stock worth $87,538,000 after purchasing an additional 1,399,865 shares during the period. Allianz Asset Management GmbH raised its position in shares of New York Times by 210.7% during the first quarter. Allianz Asset Management GmbH now owns 1,609,513 shares of the company’s stock worth $79,832,000 after purchasing an additional 1,091,430 shares during the period. Finally, Squarepoint Ops LLC lifted its holdings in shares of New York Times by 210.5% in the 4th quarter. Squarepoint Ops LLC now owns 1,382,695 shares of the company’s stock worth $71,969,000 after purchasing an additional 937,354 shares in the last quarter. 95.37% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, EVP Jacqueline M. Welch sold 5,500 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $60.04, for a total value of $330,220.00. Following the transaction, the executive vice president directly owned 14,470 shares in the company, valued at $868,778.80. This trade represents a 27.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP William Bardeen sold 5,000 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $58.04, for a total value of $290,200.00. Following the completion of the transaction, the executive vice president owned 11,243 shares in the company, valued at approximately $652,543.72. This represents a 30.78% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Evercore ISI boosted their price objective on New York Times from $60.00 to $67.00 and gave the stock an “outperform” rating in a research report on Friday, August 8th. Barclays set a $52.00 price objective on New York Times and gave the stock an “equal weight” rating in a research report on Thursday, August 7th. Guggenheim boosted their price objective on New York Times from $55.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Morgan Stanley boosted their price objective on New York Times from $54.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 7th. Finally, Zacks Research lowered New York Times from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 8th. Four investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $60.33.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About New York Times

The New York Times Company, together with its subsidiaries, creates, collects, and distributes news and information worldwide. The company operates through two segments, The New York Times Group and The Athletic. It offers The New York Times (The Times) through company’s mobile application, website, printed newspaper, and associated content, such as podcast.