Farallon Capital Management LLC Cuts Stake in The New York Times Company $NYT

Farallon Capital Management LLC reduced its holdings in shares of The New York Times Company (NYSE:NYT) by 11.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,985,745 shares of the company’s stock after selling 623,801 shares during the period. New York Times comprises approximately 1.2% of Farallon Capital Management LLC’s portfolio, making the stock its 25th biggest holding. Farallon Capital Management LLC owned about 3.06% of New York Times worth $286,182,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the business. Employees Retirement System of Texas purchased a new stake in shares of New York Times in the 2nd quarter valued at $28,000. Nomura Asset Management Co. Ltd. raised its position in New York Times by 86.8% in the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company’s stock worth $40,000 after purchasing an additional 330 shares during the period. Whittier Trust Co. bought a new stake in New York Times in the third quarter worth $42,000. Hantz Financial Services Inc. lifted its stake in New York Times by 49.4% in the third quarter. Hantz Financial Services Inc. now owns 841 shares of the company’s stock worth $48,000 after purchasing an additional 278 shares during the last quarter. Finally, Geneos Wealth Management Inc. boosted its position in New York Times by 690.7% during the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock valued at $42,000 after buying an additional 739 shares during the period. 95.37% of the stock is owned by hedge funds and other institutional investors.

New York Times News Summary

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

• Positive Sentiment: Major international breaking coverage (Iran war) is driving high readership and engagement; live updates on oil-terminal closures and regional disruptions boost subscription and ad traffic. Iran War Live Updates: Iraq Closes Oil Terminals Amid Growing Disruption to Global Supplies
• Positive Sentiment: Broad analysis pieces on the war’s global impact keep readers engaged longer and support NYT’s reputation for deep coverage — a subscriber-retention positive. How Trump’s War With Iran Changed the World in a Week
• Positive Sentiment: Breaking domestic news (campus shooting at Old Dominion) generates immediate traffic spikes to news sites, supporting short-term ad revenue and conversion opportunities. 2 People Injured and Gunman Dead in Shooting at Old Dominion University
• Positive Sentiment: High-interest legal and cultural stories (Bill Cosby civil trial) and awards-season coverage (Oscars predictions) are audience drivers that boost engagement and subscriptions. Bill Cosby, Out of Prison and the Public Eye, Faces Civil Trial Oscars 2026 Predictions: Who Will Win Best Picture, Actor and Actress?
• Positive Sentiment: The Athletic (owned by NYT) published multiple sports features — MLB, NHL, Premier League and WBC coverage — showing continued content depth that supports subscriber retention and cross-selling. Can new Mets pitching coach Justin Willard revive the rotation? Toronto Maple Leafs are No. 29 in Scott Wheeler’s 2026 NHL prospect pool rankings
• Neutral Sentiment: Coverage of macro-economic and policy items (tariff refund delays, farmers’ pessimism due to war, Washington’s “millionaires’ tax”) is important for credibility but has uncertain direct near-term impact on NYT revenue. Trump Administration Suggests Tariff Refunds May Take Significant Time A State of Wealthy Entrepreneurs Passes a ‘Millionaires’ Tax’
• Neutral Sentiment: Specialty business and culture pieces (art-market recovery, EPA adviser controversy) add to authoritative coverage but are unlikely to move the stock materially on their own. Top-End Auction Sales Help Pull Global Art Market Out of Slump, Study Says

New York Times Stock Up 1.6%

NYSE:NYT opened at $79.30 on Monday. The firm’s fifty day simple moving average is $74.02 and its 200 day simple moving average is $65.84. The stock has a market cap of $12.87 billion, a P/E ratio of 37.94, a price-to-earnings-growth ratio of 2.46 and a beta of 1.09. The New York Times Company has a twelve month low of $44.83 and a twelve month high of $82.74.

New York Times (NYSE:NYT) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.88 by $0.01. The business had revenue of $802.31 million during the quarter, compared to analyst estimates of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.80 EPS. On average, analysts expect that The New York Times Company will post 2.08 EPS for the current fiscal year.

New York Times Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Wednesday, April 1st will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a 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 dividend payout ratio (DPR) is 34.45%.

Analysts Set New Price Targets

NYT has been the topic of a number of recent research reports. Guggenheim set a $63.00 price objective on New York Times and gave the company a “neutral” rating in a research note on Wednesday, February 4th. JPMorgan Chase & Co. boosted their target price on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Citigroup dropped 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. Argus upgraded New York Times to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, Wall Street Zen cut New York Times from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $68.43.

Insiders Place Their Bets

In other news, EVP William Bardeen sold 13,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total value of $1,034,280.00. Following the completion of the transaction, the executive vice president owned 18,681 shares of the company’s stock, valued at approximately $1,486,260.36. This represents a 41.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the completion of the transaction, the chairman owned 172,338 shares of the company’s stock, valued at approximately $13,778,423.10. The trade was a 7.01% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 27,913 shares of company stock worth $2,214,369 over the last three months. Company 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.