M&T Bank Corp Purchases 10,810 Shares of The New York Times Company $NYT

M&T Bank Corp raised its position in The New York Times Company (NYSE:NYT) by 141.3% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 18,461 shares of the company’s stock after acquiring an additional 10,810 shares during the period. M&T Bank Corp’s holdings in New York Times were worth $1,282,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. SOA Wealth Advisors LLC. bought a new stake in New York Times in the 4th quarter valued at approximately $34,000. Grove Bank & Trust bought a new stake in New York Times in the 4th quarter valued at approximately $42,000. Larson Financial Group LLC increased its position in shares of New York Times by 59.6% during the 3rd quarter. Larson Financial Group LLC now owns 656 shares of the company’s stock worth $38,000 after purchasing an additional 245 shares during the last quarter. Whittier Trust Co. acquired a new position in shares of New York Times during the 3rd quarter worth approximately $42,000. Finally, Hantz Financial Services Inc. increased its position in shares of New York Times by 49.4% during the 3rd 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. Institutional investors own 95.37% of the company’s stock.

Trending Headlines about New York Times

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

• Positive Sentiment: Zacks says NYT has the right setup for an earnings beat next week — analysts point to subscriber growth and advertising resilience as the main upside catalysts. New York Times Co. (NYT) Earnings Expected to Grow
• Positive Sentiment: Extensive live coverage of the Supreme Court’s voting-rights decision and related political fallout is likely boosting real-time traffic and subscription sign-ups; such high-engagement political events typically lift reader revenue. Live Updates: Supreme Court Further Weakens Voting Rights Act
• Positive Sentiment: Ongoing international coverage — including Iran/Strait of Hormuz developments and energy-market stories that are driving reader interest — supports subscription and ad demand for hard-news publishers. First Fully Loaded L.N.G. Tanker Since War Began Appears to Have Crossed the Strait
• Positive Sentiment: High-profile domestic coverage (Supreme Court abortion/donor records ruling, state visits, and major political trials) tends to produce spikes in subscriptions and engagement; recent pieces on the King Charles visit and Trump-related legal/political stories fall into this category. Supreme Court Sides With Anti-Abortion Clinic in Fight Over Donor Records
• Neutral Sentiment: Feature and sports coverage (Premier League, NBA playoffs, arts stories) sustain engagement but are less likely to move near-term revenue compared with major political/international events. Cole Palmer and Joao Pedro are Chelsea’s best two attackers
• Neutral Sentiment: Hard-news human-interest and overseas reporting (e.g., the Indonesia acid-attack piece) reinforces NYT’s brand and long-term subscriber value but has limited immediate impact on quarterly results. Acid Attack in Indonesia Evokes Brutality of Suharto Era
• Neutral Sentiment: Local/beat reporting (F.B.I. searches in Minneapolis, state politics) drives regional traffic but is unlikely to change national subscription trends materially. F.B.I. Searches Businesses Around Minneapolis as Part of Fraud Inquiry
• Negative Sentiment: One operational risk is heightened attention to safety and access after violent incidents involving press events; while not a direct financial hit, increased costs or restricted access could pressure reporting operations. Defendant in Press Gala Attack Charged With Attempting to Assassinate Trump

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on NYT shares. JPMorgan Chase & Co. boosted their price target on New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Wall Street Zen lowered New York Times from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Argus raised New York Times to a “strong-buy” rating in a research report on Thursday, February 19th. Citigroup boosted their price target on New York Times from $77.00 to $94.00 and gave the stock a “buy” rating in a research report on Tuesday, March 24th. Finally, Evercore reaffirmed an “outperform” rating on shares of New York Times in a research report on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, New York Times has an average rating of “Moderate Buy” and an average target price of $72.50.

New York Times Trading Up 0.7%

NYT stock opened at $79.00 on Thursday. The business’s 50 day simple moving average is $80.83 and its 200 day simple moving average is $71.34. The New York Times Company has a 1-year low of $51.00 and a 1-year high of $87.10. The firm has a market capitalization of $12.74 billion, a PE ratio of 37.80, a PEG ratio of 2.14 and a beta of 1.06.

New York Times (NYSE:NYT) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating analysts’ consensus estimates 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 period in the prior year, the firm posted $0.80 EPS. The company’s revenue for the quarter was up 10.4% on a year-over-year basis. As a group, sell-side analysts predict that The New York Times Company will post 2.79 EPS for the current fiscal year.

New York Times Increases Dividend

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

Insider Buying and Selling at New York Times

In other New York Times news, Chairman Arthur G. Sulzberger sold 13,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.95, for a total value 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 represents a 7.01% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CAO R Anthony Benten sold 1,913 shares of the company’s stock in a transaction 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 completion of the transaction, the chief accounting officer directly owned 37,772 shares in the company, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 27,913 shares of company stock valued at $2,214,369 in the last ninety days. 1.90% of the stock is currently owned by corporate insiders.

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.