Horizon Investments LLC Increases Stock Holdings in The New York Times Company $NYT

Horizon Investments LLC increased its position in shares of The New York Times Company (NYSE:NYT) by 52.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 97,772 shares of the company’s stock after acquiring an additional 33,804 shares during the quarter. Horizon Investments LLC’s holdings in New York Times were worth $6,770,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Quantbot Technologies LP increased its stake in New York Times by 233.4% in the third quarter. Quantbot Technologies LP now owns 63,083 shares of the company’s stock valued at $3,621,000 after purchasing an additional 44,161 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of New York Times by 28.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,642 shares of the company’s stock worth $8,188,000 after buying an additional 31,507 shares during the last quarter. Intech Investment Management LLC boosted its holdings in shares of New York Times by 143.6% in the 3rd quarter. Intech Investment Management LLC now owns 232,445 shares of the company’s stock valued at $13,342,000 after buying an additional 137,037 shares in the last quarter. Long Corridor Asset Management Ltd boosted its holdings in shares of New York Times by 14.5% in the 3rd quarter. Long Corridor Asset Management Ltd now owns 157,500 shares of the company’s stock valued at $9,040,000 after buying an additional 20,000 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its position in shares of New York Times by 35.0% in the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 94,722 shares of the company’s stock valued at $5,428,000 after buying an additional 24,574 shares during the last quarter. 95.37% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting New York Times

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

• Positive Sentiment: Heavy breaking political coverage (Trump/foreign policy live updates) can drive traffic and subscriber engagement, supporting NYT’s core digital-revenue growth. Trump Administration Live Updates
• Positive Sentiment: Large national-security and tech stories (Pentagon deals with A.I. companies) are high-interest topics that historically boost page views and premium subscriptions for investigative/analysis coverage. Pentagon Makes Deals With A.I. Companies
• Neutral Sentiment: Ongoing crime and security reporting (video release in Correspondents’ Dinner attack, Brown University shooting follow-ups) may lift temporary engagement but are hard to monetize long term. Authorities Release Video of Suspect
• Neutral Sentiment: Soft consumer-interest pieces (Broadway debuts) are audience-building but have limited direct ad or subscription impact versus hard news. These 5 Actors Are Already Screen Stars
• Negative Sentiment: Earnings preview: analysts expect Q1 results to hinge on digital subscription gains vs. print weakness; Zacks flags margin pressure from higher spending, which could temper upside even if revenue grows. This is the clearest near-term driver weighing on the stock. Key Factors to Watch Ahead of Q1 Earnings
• Negative Sentiment: Broader policy stories (Obamacare subsidy expiration and declining enrollments) and prolonged high-intensity news cycles can pressure ad markets and consumer budgets, creating uncertainty for advertising revenue and subscription growth sustainability. Since Congress Let Obamacare Subsidies Expire

Insider Activity at New York Times

In related news, EVP William Bardeen sold 13,000 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president owned 18,681 shares in the company, valued at $1,486,260.36. The trade was a 41.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CAO R Anthony Benten sold 1,913 shares of the company’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total value of $140,739.41. Following the sale, the chief accounting officer directly owned 37,772 shares of the company’s stock, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 27,913 shares of company stock worth $2,214,369 in the last quarter. Company insiders own 1.90% of the company’s stock.

New York Times Price Performance

Shares of New York Times stock opened at $78.62 on Friday. The firm’s fifty day simple moving average is $80.90 and its 200-day simple moving average is $71.51. The New York Times Company has a 12 month low of $51.03 and a 12 month high of $87.10. The stock has a market capitalization of $12.68 billion, a price-to-earnings ratio of 37.62, a PEG ratio of 2.12 and a beta of 0.98.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. The firm had revenue of $802.31 million during the quarter, compared to analysts’ expectations of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. New York Times’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.80 EPS. Analysts anticipate that The New York Times Company will post 2.79 earnings per share for the current year.

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st were paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. This is a positive change from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, April 1st. New York Times’s payout ratio is currently 44.02%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Bank of America started coverage on shares of New York Times in a research note on Wednesday, April 22nd. They set a “neutral” rating and a $84.00 price target on the stock. Citigroup raised their price objective on New York Times from $77.00 to $94.00 and gave the stock a “buy” rating in a report on Tuesday, March 24th. Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a research report on Tuesday, April 21st. Evercore reissued an “outperform” rating on shares of New York Times in a report on Thursday, February 5th. Finally, Wall Street Zen cut New York Times from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $72.50.

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.