Weiss Asset Management LP Acquires 7,581 Shares of The New York Times Company $NYT

Weiss Asset Management LP raised its stake in shares of The New York Times Company (NYSE:NYT) by 15.1% during the first quarter, Holdings Channel reports. The firm owned 57,715 shares of the company’s stock after buying an additional 7,581 shares during the period. Weiss Asset Management LP’s holdings in New York Times were worth $4,832,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of NYT. Berkshire Hathaway Inc bought a new position in shares of New York Times during the 4th quarter worth approximately $351,664,000. Bank of Montreal Can raised its stake in New York Times by 10,018.3% during the fourth quarter. Bank of Montreal Can now owns 2,316,172 shares of the company’s stock worth $160,789,000 after acquiring an additional 2,293,281 shares in the last quarter. AQR Capital Management LLC lifted its holdings in shares of New York Times by 78.1% during the second quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock valued at $233,265,000 after acquiring an additional 1,836,788 shares during the period. Egerton Capital UK LLP acquired a new stake in shares of New York Times in the 4th quarter valued at $97,882,000. Finally, Two Sigma Investments LP grew its holdings in shares of New York Times by 98.5% in the 3rd quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock worth $117,993,000 after purchasing an additional 1,020,031 shares during the last quarter. 95.37% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting New York Times

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

• Positive Sentiment: Reuters reported that a U.S. judge will weigh subpoenas involving New York Times journalists who reported on Trump’s Qatari-donated Air Force One, a reminder that the paper remains at the center of major political coverage and legal attention. That kind of high-profile journalism can support subscriber engagement and reinforce the brand. Article Title
• Neutral Sentiment: Several recent New York Times articles focused on major global and U.S. issues, including Iran, tariffs, interest rates, measles, and public policy. These topics help drive audience traffic, but the direct financial impact on NYT is unclear. Article Title
• Neutral Sentiment: The company also published lifestyle, arts, sports, and feature coverage, including MLB trade-deadline analysis and entertainment pieces. These stories can support engagement, but they are not likely to materially move the stock on their own. Article Title
• Negative Sentiment: The broader news cycle remains dominated by war, tariffs, and economic uncertainty, which could pressure consumer sentiment and advertising conditions if the environment worsens. That is an indirect risk for media companies like NYT. Article Title

New York Times Price Performance

Shares of New York Times stock opened at $71.69 on Monday. The firm has a 50 day simple moving average of $73.85 and a 200 day simple moving average of $76.09. The New York Times Company has a fifty-two week low of $51.03 and a fifty-two week high of $87.10. The firm has a market cap of $11.60 billion, a P/E ratio of 30.77, a P/E/G ratio of 1.48 and a beta of 0.96.

New York Times (NYSE:NYT) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.12. The firm had revenue of $712.24 million for the quarter, compared to analyst estimates of $699.93 million. New York Times had a return on equity of 22.02% and a net margin of 13.18%.The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the company earned $0.41 EPS. On average, sell-side analysts expect that The New York Times Company will post 2.93 EPS for the current year.

New York Times Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Wednesday, July 8th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Wednesday, July 8th. New York Times’s payout ratio is 39.48%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on NYT shares. Evercore reissued an “outperform” rating and set a $92.00 price target on shares of New York Times in a report on Thursday, May 7th. Barclays lifted their target price on shares of New York Times from $60.00 to $66.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Guggenheim increased their price target on New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $95.00 price objective on shares of New York Times in a research report on Thursday, May 7th. Finally, JPMorgan Chase & Co. increased their target price on New York Times from $74.00 to $82.00 and gave the stock an “overweight” rating in a report on Friday, May 29th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, New York Times has a consensus rating of “Moderate Buy” and a consensus target price of $83.22.

Insiders Place Their Bets

In related news, Director David S. Perpich sold 9,000 shares of New York Times stock in a transaction on Monday, May 11th. The stock was sold at an average price of $77.06, for a total transaction of $693,540.00. Following the completion of the sale, the director directly owned 28,469 shares of the company’s stock, valued at $2,193,821.14. The trade was a 24.02% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP William Bardeen sold 4,121 shares of the business’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 transaction of $320,819.85. Following the transaction, the executive vice president owned 14,560 shares of the company’s stock, valued at approximately $1,133,496. This represents a 22.06% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 17,121 shares of company stock valued at $1,310,920. Company insiders own 1.90% of the company’s stock.

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.