Magnetar Financial LLC Purchases 13,868 Shares of The New York Times Company $NYT

Magnetar Financial LLC raised its position in The New York Times Company (NYSE:NYT) by 107.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,779 shares of the company’s stock after purchasing an additional 13,868 shares during the quarter. Magnetar Financial LLC’s holdings in New York Times were worth $1,537,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quadrant Capital Group LLC boosted its position in shares of New York Times by 2.0% during the third quarter. Quadrant Capital Group LLC now owns 10,809 shares of the company’s stock valued at $620,000 after buying an additional 207 shares during the period. Van ECK Associates Corp grew its stake in shares of New York Times by 2.3% during the third quarter. Van ECK Associates Corp now owns 123,564 shares of the company’s stock valued at $7,093,000 after buying an additional 2,833 shares during the last quarter. Capital Research Global Investors raised its holdings in shares of New York Times by 0.3% in the third quarter. Capital Research Global Investors now owns 1,692,846 shares of the company’s stock worth $97,169,000 after buying an additional 4,782 shares during the period. Vestcor Inc bought a new stake in shares of New York Times during the 3rd quarter worth approximately $236,000. Finally, Swiss National Bank lifted its stake in shares of New York Times by 1.1% during the 3rd quarter. Swiss National Bank now owns 298,800 shares of the company’s stock worth $17,151,000 after acquiring an additional 3,200 shares during the last quarter. Institutional investors own 95.37% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on NYT shares. JPMorgan Chase & Co. upped their price objective on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Wall Street Zen downgraded New York Times from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Morgan Stanley set a $68.00 target price on shares of New York Times in a research note on Thursday, December 18th. Argus upgraded shares of New York Times to a “strong-buy” rating in a report on Thursday, February 19th. Finally, Guggenheim set a $63.00 price target on shares of New York Times and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, New York Times presently has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

New York Times Trading Down 0.2%

Shares of NYT stock opened at $78.07 on Friday. The New York Times Company has a twelve month low of $44.83 and a twelve month high of $82.74. The stock has a fifty day simple moving average of $73.83 and a two-hundred day simple moving average of $65.62. The stock has a market capitalization of $12.67 billion, a price-to-earnings ratio of 37.35, a P/E/G ratio of 2.42 and a beta of 1.09.

New York Times (NYSE:NYT) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.88 by $0.01. New York Times had a return on equity of 20.73% and a net margin of 12.18%.The firm had revenue of $802.31 million for the quarter, compared to analyst estimates of $791.55 million. During the same quarter last year, the firm posted $0.80 earnings per share. The business’s revenue for the quarter was up 10.4% on a year-over-year basis. Research analysts predict that The New York Times Company will post 2.08 EPS for the current fiscal year.

New York Times Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Wednesday, April 1st will be given a dividend of $0.23 per share. This is a positive change from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, April 1st. This represents a $0.92 dividend on an annualized basis and a yield of 1.2%. New York Times’s payout ratio is 34.45%.

Insider Activity

In related news, Chairman Arthur G. Sulzberger sold 13,000 shares of New York Times stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total transaction of $1,039,350.00. Following the transaction, the chairman directly owned 172,338 shares of the company’s stock, valued at $13,778,423.10. This trade represents a 7.01% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, EVP William Bardeen sold 13,000 shares of the business’s stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the completion of the transaction, the executive vice president directly owned 18,681 shares of the company’s stock, valued at $1,486,260.36. This trade represents a 41.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 27,913 shares of company stock worth $2,214,369. 1.90% of the stock is currently owned by corporate insiders.

More New York Times News

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

• Positive Sentiment: Heavy, real‑time coverage of the war with Iran is driving traffic and engagement across NYT’s core news and live‑update formats — larger audiences can lift digital subscriptions and ad impressions in the near term. Iran War Live Updates
• Positive Sentiment: Energy and supply‑chain reporting (gas prices and ripple effects of the Iran conflict) tends to increase readership for NYT business coverage, supporting subscription conversion and retention. U.S. Gas Prices Jump for 11th Straight Day, and Oil Pushes Higher
• Positive Sentiment: The Athletic continues to publish sports content that strengthens engagement among paying readers (e.g., in‑depth baseball and NHL pieces), supporting NYT’s diversified subscriber base. Can new Mets pitching coach Justin Willard revive the rotation?
• Neutral Sentiment: Wide cultural and awards coverage (Oscars, arts, features) sustains brand value but has unclear short‑term revenue impact. Oscars 2026 Predictions
• Neutral Sentiment: Local news and human‑interest reporting (e.g., campus shooting, Chinatown piece) reinforce trust and subscriber value but are unlikely to move the stock by themselves. 2 People Injured and Gunman Dead in Shooting at Old Dominion University
• Negative Sentiment: Geopolitical and economic uncertainty — including market volatility tied to the Iran conflict and political decisions affecting trade/tariffs — can prompt advertisers to pull back and weigh on ad revenue, a headwind for total revenue near term. Trump Directs War With the Markets Top of Mind
• Negative Sentiment: No fresh NYT‑specific catalysts (guidance, M&A, or material beats) in the recent feed; with the stock trading at a premium multiple, lack of company news leaves shares vulnerable to macro headlines rather than company fundamentals.

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.