106,737 Shares in The New York Times Company $NYT Acquired by BI Asset Management Fondsmaeglerselskab A S

Key Points

• BI Asset Management Fondsmaeglerselskab A S disclosed a new position in The New York Times Company, buying 106,737 shares valued at about $8.94 million in the first quarter.
• Several other hedge funds also increased or adjusted their NYT holdings, and institutional investors now own 95.37% of the company’s stock.
• NYT reported better-than-expected quarterly results with EPS of $0.61 versus $0.49 expected, while analysts maintain a Moderate Buy consensus with an average price target of $81.67.

BI Asset Management Fondsmaeglerselskab A S purchased a new position in The New York Times Company (NYSE:NYT - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 106,737 shares of the company's stock, valued at approximately $8,937,000. BI Asset Management Fondsmaeglerselskab A S owned approximately 0.07% of New York Times as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the company. Hsbc Holdings PLC raised its holdings in New York Times by 162.1% during the fourth quarter. Hsbc Holdings PLC now owns 24,303 shares of the company's stock worth $1,688,000 after buying an additional 15,029 shares during the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of New York Times by 9.6% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 3,125 shares of the company's stock valued at $217,000 after buying an additional 274 shares during the last quarter. Pacer Advisors Inc. increased its position in shares of New York Times by 58.8% during the fourth quarter. Pacer Advisors Inc. now owns 43,351 shares of the company's stock worth $3,009,000 after acquiring an additional 16,046 shares in the last quarter. Kera Capital Partners Inc. bought a new stake in shares of New York Times during the fourth quarter worth about $262,000. Finally, Compound Planning Inc. raised its holdings in shares of New York Times by 20.5% in the 4th quarter. Compound Planning Inc. now owns 4,688 shares of the company's stock worth $325,000 after acquiring an additional 798 shares during the last quarter. Institutional investors and hedge funds own 95.37% of the company's stock.

Insider Buying and Selling at New York Times

In related news, EVP William Bardeen sold 4,121 shares of the stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $77.85, for a total transaction of $320,819.85. Following the completion of the transaction, the executive vice president owned 14,560 shares in the company, valued at approximately $1,133,496. This represents a 22.06% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Jacqueline M. Welch sold 4,000 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $74.14, for a total transaction of $296,560.00. Following the sale, the executive vice president owned 23,873 shares of the company's stock, valued at $1,769,944.22. This trade represents a 14.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,121 shares of company stock worth $1,310,920 in the last quarter. 1.90% of the stock is currently owned by company insiders.

New York Times Stock Performance

NYSE:NYT opened at $73.11 on Monday. The firm has a market cap of $11.83 billion, a price-to-earnings ratio of 31.38, a price-to-earnings-growth ratio of 1.51 and a beta of 0.95. The New York Times Company has a 52 week low of $51.03 and a 52 week high of $87.10. The firm has a 50-day moving average price of $76.96 and a two-hundred day moving average price of $75.26.

New York Times (NYSE:NYT - Get Free Report) last released its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate 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%.New York Times's quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. As a group, sell-side analysts forecast that The New York Times Company will post 2.93 earnings per share for the current year.

New York Times Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, July 8th. This represents a $0.92 annualized dividend and a yield of 1.3%. New York Times's payout ratio is currently 39.48%.

Trending Headlines about New York Times

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

• Positive Sentiment: The Times published several prominent political and geopolitical stories, including coverage of Ukraine’s drone attacks on Moscow, the U.S.-Iran deal, and Trump administration developments, which can boost traffic on a news-heavy day. ‘Game Changer’? Too Soon to Tell. But Ukraine Flexed in Striking Moscow.
• Positive Sentiment: Sports coverage tied to the World Cup and Knicks celebrations may also draw strong readership, supporting engagement across The Athletic and core NYT products. USMNT vs Australia live updates: Latest score with Christian Pulisic out of World Cup 2026 match
• Neutral Sentiment: Several entertainment pieces, including coverage of “House of the Dragon” and “Toy Story 5,” add breadth to the content mix but are less likely to materially move the stock on their own. Joan Cusack and Jessie Take the Lead in ‘Toy Story 5’
• Neutral Sentiment: Zacks noted NYT’s year-to-date performance versus other consumer staples stocks, but the item is mainly comparative commentary rather than a direct business catalyst. Is The New York Times Company (NYT) Outperforming Other Consumer Staples Stocks This Year?

Analyst Ratings Changes

Several equities analysts recently weighed in on NYT shares. Morgan Stanley set a $90.00 price target on shares of New York Times in a research report on Thursday, May 7th. Bank of America started coverage on New York Times in a research note on Wednesday, April 22nd. They issued a "neutral" rating and a $84.00 price objective for the company. Weiss Ratings restated a "buy (b)" rating on shares of New York Times in a report on Tuesday, April 21st. Guggenheim lifted their target price on New York Times from $63.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, May 7th. Finally, Wall Street Zen raised New York Times from a "hold" rating to a "buy" rating in a research report on Saturday, May 9th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $81.67.

About New York Times

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.

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