Sumitomo Mitsui Trust Group Inc. Makes New Investment in The New York Times Company $NYT

Sumitomo Mitsui Trust Group Inc. purchased a new stake in The New York Times Company (NYSE:NYT) in the 3rd quarter, according to its most recent filing with the SEC. The fund purchased 11,800 shares of the company’s stock, valued at approximately $677,000.

Several other hedge funds have also made changes to their positions in NYT. AQR Capital Management LLC increased its stake 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 valued at $233,265,000 after purchasing an additional 1,836,788 shares during the last quarter. 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 valued at $214,257,000 after buying an additional 46,249 shares during the period. Burgundy Asset Management Ltd. increased its stake in shares of New York Times by 1.9% during the 2nd 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 last quarter. Acadian Asset Management LLC increased its stake in shares of New York Times by 26.5% during the 2nd 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 lifted its holdings in shares of New York Times by 62.5% during the 2nd quarter. Marshall Wace LLP now owns 1,858,061 shares of the company’s stock worth $104,014,000 after acquiring an additional 714,366 shares during the period. Institutional investors and hedge funds own 95.37% of the company’s stock.

New York Times Stock Performance

NYT stock opened at $71.53 on Tuesday. The firm has a market cap of $11.61 billion, a P/E ratio of 34.89, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12. The New York Times Company has a 1 year low of $44.83 and a 1 year high of $72.32. The stock has a 50-day simple moving average of $67.62 and a 200-day simple moving average of $60.73.

New York Times (NYSE:NYT) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. New York Times had a return on equity of 20.30% and a net margin of 12.29%.The firm had revenue of $700.82 million during the quarter, compared to analysts’ expectations of $692.01 million. During the same quarter in the prior year, the business earned $0.45 EPS. New York Times’s quarterly revenue was up 9.5% compared to the same quarter last year. On average, equities research analysts predict that The New York Times Company will post 2.08 EPS for the current year.

New York Times Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 16th. Stockholders of record on Tuesday, January 6th were paid a $0.18 dividend. The ex-dividend date was Tuesday, January 6th. This represents a $0.72 annualized dividend and a dividend yield of 1.0%. New York Times’s dividend payout ratio is 35.12%.

More New York Times News

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

• Positive Sentiment: Extensive live political coverage of the Trump administration and the Greenland tariff dispute is likely boosting traffic and subscriptions; major international pushback (U.K. leader coverage) keeps readers engaged. Read More.
• Positive Sentiment: Follow-up reporting on trade policy and legal risk — including the administration’s immediate-response stance after a court loss — is high-interest national coverage that tends to increase engagement among NYT’s core subscriber base. Read More.
• Positive Sentiment: Coverage of Europe’s reaction (Starmer and EU officials pushing back or steering toward negotiation) deepens the Greenland/tariff narrative across markets and allied readerships, extending session length and cross-border readership. Read More.
• Positive Sentiment: Investigative/business reporting tying BlackRock to plans for Ukraine reconstruction is a high-profile enterprise story that can attract business and policy readers and strengthen NYT’s premium content value. Read More.
• Positive Sentiment: Sports coverage from The Athletic — including live updates for the College Football Playoff national championship and NFL playoff pieces — drives subscriptions and engagement for NYT’s sports vertical. Read More.
• Positive Sentiment: High-profile legal and cultural coverage (Prince Harry’s case, major investigations and opinion pieces) attracts broad readership and reinforces NYT’s role as a destination for exclusive coverage. Read More.
• Neutral Sentiment: Breaking international news (Spain high-speed train derailment, Pakistan mall fire) will spike short-term traffic but is less predictive of recurring subscription revenue. Read More.
• Neutral Sentiment: Culture and lifestyle pieces (streaming recommendations, essays about migration) add steady engagement but have smaller direct impact on revenue compared with major political or investigative scoops. Read More.
• Neutral Sentiment: Opinion essays on energy and geopolitics bolster thought-leadership but are typically less monetizable than breaking investigations or Sports/The Athletic content. Read More.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of New York Times from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Morgan Stanley set a $68.00 price objective on New York Times in a report on Thursday, December 18th. Evercore ISI reiterated an “outperform” rating on shares of New York Times in a report on Thursday, November 6th. Citigroup boosted their price target on New York Times from $72.00 to $81.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Finally, UBS Group set a $62.00 price objective on New York Times in a report on Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.71.

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.