Weiss Asset Management LP Has $4.83 Million Stock Position in The New York Times Company $NYT

Weiss Asset Management LP grew its position in The New York Times Company (NYSE:NYT) by 15.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 57,715 shares of the company’s stock after purchasing 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 quarter.

Other institutional investors have also made changes to their positions in the company. Navalign LLC acquired a new position in New York Times in the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its position in New York Times by 74.2% in the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock worth $32,000 after acquiring an additional 190 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of New York Times during the 4th quarter worth $32,000. SOA Wealth Advisors LLC. bought a new position in shares of New York Times during the 4th quarter valued at $34,000. Finally, Larson Financial Group LLC lifted its stake in shares of New York Times by 59.6% in the 3rd quarter. Larson Financial Group LLC now owns 656 shares of the company’s stock valued at $38,000 after purchasing an additional 245 shares during the last quarter. 95.37% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at New York Times

In related news, Director David S. Perpich sold 9,000 shares of the business’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $77.06, for a total transaction of $693,540.00. Following the transaction, the director directly owned 28,469 shares in the company, 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 legal filing with the SEC, which is available at this link. Also, EVP Jacqueline M. Welch sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $74.14, for a total value of $296,560.00. Following the completion of the sale, the executive vice president owned 23,873 shares of the company’s stock, valued at $1,769,944.22. This represents a 14.35% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 17,121 shares of company stock worth $1,310,920. 1.90% of the stock is currently owned by company insiders.

New York Times Stock Up 0.1%

NYT opened at $71.69 on Monday. The firm has a market capitalization of $11.60 billion, a P/E ratio of 30.77, a price-to-earnings-growth ratio of 1.48 and a beta of 0.96. The stock’s 50 day moving average price is $73.85 and its two-hundred day moving average price is $76.09. The New York Times Company has a 12-month low of $51.03 and a 12-month high of $87.10.

New York Times (NYSE:NYT) last issued its quarterly earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, topping analysts’ consensus estimates of $0.49 by $0.12. The company had revenue of $712.24 million during 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 company’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.41 earnings per share. As a group, analysts anticipate that The New York Times Company will post 2.93 earnings per share for the current year.

New York Times Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, July 8th. New York Times’s dividend payout ratio (DPR) is currently 39.48%.

Key Stories 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

Analyst Upgrades and Downgrades

NYT has been the topic of several analyst reports. Citigroup reissued a “neutral” rating on shares of New York Times in a research report on Wednesday, June 24th. Guggenheim raised their price objective on New York Times from $63.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. boosted 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. Morgan Stanley set a $90.00 price target on New York Times in a report on Thursday, May 7th. Finally, Wall Street Zen upgraded shares of New York Times from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $83.22.

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.