The New York Times Company $NYT Shares Purchased by Hillsdale Investment Management Inc.

Hillsdale Investment Management Inc. increased its holdings in shares of The New York Times Company (NYSE:NYT) by 33.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 76,200 shares of the company’s stock after buying an additional 18,900 shares during the quarter. Hillsdale Investment Management Inc.’s holdings in New York Times were worth $4,374,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. AQR Capital Management LLC lifted its holdings 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 worth $233,265,000 after acquiring 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 second quarter. Geode Capital Management LLC now owns 3,826,905 shares of the company’s stock valued at $214,257,000 after purchasing an additional 46,249 shares during the period. Burgundy Asset Management Ltd. increased its position in New York Times by 1.9% during the second quarter. Burgundy Asset Management Ltd. now owns 2,368,819 shares of the company’s stock worth $132,606,000 after purchasing an additional 43,595 shares during the last quarter. Acadian Asset Management LLC raised its stake in 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 worth $124,973,000 after purchasing an additional 467,492 shares during the period. Finally, Marshall Wace LLP boosted its holdings in shares of New York Times by 62.5% in the 2nd quarter. Marshall Wace LLP now owns 1,858,061 shares of the company’s stock valued at $104,014,000 after purchasing an additional 714,366 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company’s stock.

Insiders Place Their Bets

In related news, CAO R Anthony Benten sold 1,913 shares of New York Times stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the sale, the chief accounting officer owned 37,772 shares of the company’s stock, valued at $2,778,886.04. The trade was a 4.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 1.90% of the company’s stock.

Analyst Ratings Changes

A number of research firms have recently commented on NYT. JPMorgan Chase & Co. upped their price objective on New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a report on Thursday, February 5th. Barclays boosted their price target on New York Times from $55.00 to $60.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 20th. Guggenheim set a $63.00 price objective on New York Times and gave the stock a “neutral” rating in a report on Wednesday, February 4th. Citigroup decreased their target price on New York Times from $81.00 to $77.00 and set a “buy” rating for the company in a report on Thursday, February 5th. Finally, Morgan Stanley set a $68.00 target price on shares of New York Times in a research report on Thursday, December 18th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $68.43.

New York Times Price Performance

Shares of NYSE NYT opened at $77.98 on Monday. The New York Times Company has a 1-year low of $44.83 and a 1-year high of $78.25. The company has a market capitalization of $12.66 billion, a price-to-earnings ratio of 37.31, a PEG ratio of 2.42 and a beta of 1.11. The business has a 50-day moving average of $71.21 and a 200-day moving average of $63.74.

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

New York Times Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. This is a boost from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date is Wednesday, April 1st. New York Times’s payout ratio is currently 34.45%.

Key New York Times News

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

• Positive Sentiment: Argus upgraded NYT to a “strong‑buy,” a fresh buy‑side signal that can attract momentum investors and improve sentiment. Read More.
• Positive Sentiment: Institutional demand — disclosures show large fourth‑quarter buys (including a new Berkshire Hathaway position), which investors view as validation from major long‑term holders and supports higher share prices. Read More.
• Positive Sentiment: Dividend raise — NYT boosted its quarterly dividend to $0.23 (from $0.18), a yield lift and income signal that can appeal to dividend‑seeking investors; ex‑dividend date set for April 1. Read More.
• Positive Sentiment: Recent fundamentals — the Feb. 4 quarter beat on EPS and showed ~10% revenue growth, reinforcing the narrative that subscriptions and digital ad recovery are supporting growth. Read More.
• Neutral Sentiment: Analyst positioning is mixed — some firms raised targets or ratings while others trimmed them; consensus remains a moderate buy, so upside may be bounded by varied Street views.
• Neutral Sentiment: Broad market backdrop — equity markets are showing mixed signals today, which can amplify or dampen NYT’s move depending on overall risk appetite. Read More.
• Negative Sentiment: Cost and margin concerns — a Seeking Alpha piece warns that rising costs for legacy media could pressure margins as NYT invests in journalism and product, a narrative that can limit multiple expansion. Read More.
• Negative Sentiment: Insider sale — CAO R. Anthony Benten sold 1,913 shares (filed with the SEC), a modest insider reduction that some investors watch as a negative signal despite his continued large holding. Read More.

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.