Trillium Asset Management LLC Sells 24,981 Shares of The New York Times Company $NYT

Trillium Asset Management LLC trimmed its position in shares of The New York Times Company (NYSE:NYT) by 16.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 126,575 shares of the company’s stock after selling 24,981 shares during the quarter. Trillium Asset Management LLC’s holdings in New York Times were worth $9,127,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in NYT. Empowered Funds LLC bought a new stake in New York Times during the first quarter worth about $442,000. Focus Partners Wealth grew its stake in New York Times by 52.2% during the first quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after buying an additional 3,990 shares during the last quarter. Geneos Wealth Management Inc. grew its stake in New York Times by 690.7% during the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock worth $42,000 after buying an additional 739 shares during the last quarter. Baird Financial Group Inc. bought a new stake in New York Times during the second quarter worth about $306,000. Finally, Cerity Partners LLC grew its stake in New York Times by 70.2% during the second quarter. Cerity Partners LLC now owns 55,423 shares of the company’s stock worth $3,103,000 after buying an additional 22,853 shares during the last quarter. 95.37% of the stock is owned by institutional investors.

Insider Activity

In other New York Times news, EVP William Bardeen sold 4,121 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $77.85, for a total value of $320,819.85. Following the transaction, the executive vice president directly owned 14,560 shares of the company’s stock, valued at approximately $1,133,496. This trade represents a 22.06% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Jacqueline M. Welch sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $74.14, for a total transaction of $296,560.00. Following the completion of the transaction, the executive vice president directly owned 23,873 shares in the company, valued at approximately $1,769,944.22. The trade was a 14.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 17,121 shares of company stock valued at $1,310,920 over the last three months. 1.90% of the stock is owned by insiders.

Analyst Ratings Changes

Several analysts have weighed in on the stock. Morgan Stanley set a $90.00 price objective on shares of New York Times in a research note on Thursday, May 7th. Guggenheim upped their price objective on shares of New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, May 7th. Argus raised shares of New York Times to a “strong-buy” rating in a research note on Thursday, February 19th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $95.00 price target on shares of New York Times in a research note on Thursday, May 7th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of New York Times in a research note on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, New York Times presently has a consensus rating of “Moderate Buy” and an average price target of $81.67.

New York Times Price Performance

NYT opened at $73.23 on Friday. The New York Times Company has a one year low of $51.03 and a one year high of $87.10. The company’s 50 day simple moving average is $78.14 and its 200-day simple moving average is $74.87. The stock has a market capitalization of $11.85 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 1.54 and a beta of 0.95.

New York Times (NYSE:NYT) last released its quarterly earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.49 by $0.12. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The business had revenue of $712.24 million for the quarter, compared to analysts’ expectations of $699.93 million. During the same period in the prior year, the firm earned $0.41 earnings per share. New York Times’s revenue was up 12.0% compared to the same quarter last year. As a group, analysts anticipate that The New York Times Company will post 2.93 EPS for the current year.

Key New York Times News

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

• Positive Sentiment: The New York Times Company declared a regular quarterly dividend of $0.23 per share, reinforcing its cash-generation profile and commitment to returning capital to shareholders. The New York Times Company Declares Regular Quarterly Dividend
• Neutral Sentiment: The company’s recent published coverage remains broad and high-volume, including politics, global affairs, business, sports, and culture, which supports ongoing audience engagement but does not by itself signal a major financial catalyst. Examples include World Cup coverage, geopolitical reporting, and U.S. politics articles.
• Neutral Sentiment: Recent earnings history remains constructive: NYT previously beat analyst expectations on both earnings and revenue, suggesting the core subscription and advertising business is still performing well.
• Negative Sentiment: Despite the dividend announcement, the stock has been under pressure relative to its recent trading range, which may reflect broader market rotation or profit-taking after a strong run rather than any new company-specific setback.

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.