Baillie Gifford & Co. Has $210 Million Position in The New York Times Company $NYT

Key Points

• Baillie Gifford trimmed its stake in The New York Times by 3.8% in Q4, selling 120,855 shares and now holds 3,025,119 shares worth about $210 million (≈1.86% of the company).
• Insider selling has been notable: Chairman Arthur G. Sulzberger sold 13,000 shares at roughly $79.95, and insiders have sold 27,913 shares (~$2.21 million) over the past 90 days, leaving insiders with ~1.9% ownership.
• Fundamentals & payout: NYT beat quarterly estimates (EPS $0.89 vs $0.88; revenue $802.3M vs $791.6M, +10.4% YoY) and raised its quarterly dividend to $0.23 (annualized $0.92, yield 1.2%).

Baillie Gifford & Co. cut its position in The New York Times Company (NYSE:NYT - Free Report) by 3.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,025,119 shares of the company's stock after selling 120,855 shares during the period. Baillie Gifford & Co. owned 1.86% of New York Times worth $210,004,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. SOA Wealth Advisors LLC. acquired a new position in shares of New York Times during the fourth quarter valued at $34,000. Larson Financial Group LLC lifted its stake in shares of New York Times by 59.6% during the third quarter. Larson Financial Group LLC now owns 656 shares of the company's stock valued at $38,000 after acquiring an additional 245 shares during the period. Whittier Trust Co. acquired a new position in shares of New York Times during the third quarter valued at $42,000. Grove Bank & Trust acquired a new position in shares of New York Times during the fourth quarter valued at $42,000. Finally, Geneos Wealth Management Inc. lifted its stake in shares of New York Times by 690.7% during the first quarter. Geneos Wealth Management Inc. now owns 846 shares of the company's stock valued at $42,000 after acquiring an additional 739 shares during the period. Institutional investors and hedge funds own 95.37% of the company's stock.

Insider Activity at New York Times

In related news, Chairman Arthur G. Sulzberger sold 13,000 shares of the firm's stock in a transaction dated 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 sale, 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 transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO R Anthony Benten sold 1,913 shares of the firm's stock in a transaction dated 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 sale, the chief accounting officer directly owned 37,772 shares in the company, valued at $2,778,886.04. This trade 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 27,913 shares of company stock valued at $2,214,369 over the last ninety days. 1.90% of the stock is owned by corporate insiders.

New York Times Stock Performance

NYT opened at $78.98 on Monday. The firm has a market cap of $12.74 billion, a P/E ratio of 37.79, a price-to-earnings-growth ratio of 2.40 and a beta of 1.06. The business's fifty day moving average is $78.63 and its 200-day moving average is $69.27. The New York Times Company has a 52-week low of $47.52 and a 52-week high of $87.10.

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

New York Times Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be paid a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.2%. This is a boost from New York Times's previous quarterly dividend of $0.18. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times's payout ratio is 44.02%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Guggenheim set a $63.00 target price on New York Times and gave the company a "neutral" rating in a research note on Wednesday, February 4th. Citigroup lifted their target price on New York Times from $77.00 to $94.00 and gave the company a "buy" rating in a research report on Tuesday, March 24th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of New York Times in a research report on Thursday, January 22nd. Morgan Stanley set a $68.00 price objective on shares of New York Times in a research note on Thursday, December 18th. Finally, JPMorgan Chase & Co. boosted their target price on New York Times from $71.00 to $74.00 and gave the stock an "overweight" rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $70.86.

Trending Headlines about New York Times

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

• Positive Sentiment: Major, sustained coverage of the Iran conflict is drawing reader attention and likely subscription growth — international, interactive and investigative pieces tend to lift engagement and retention for news publishers. Iran’s Schools and Hospitals in Ruins From U.S.-Israeli Strikes
• Positive Sentiment: Market commentary notes NYT’s strong share-price run and fresh highs, reinforcing positive investor sentiment around subscription-driven growth despite political attacks on the paper. Here's why the “failing” New York Times stock just hit a record high
• Positive Sentiment: Court ruling maintaining press access (judge rejected an attempt to limit reporters at the Pentagon) supports NYT’s reporting capabilities and editorial credibility — important intangible assets for subscription and institutional trust. Judge Rejects Hegseth’s Second Attempt to Restrict Reporters at Pentagon
• Neutral Sentiment: High-profile feature and lifestyle content (arts, travel, celebrity interviews) continue to diversify engagement but have a smaller near-term impact on revenue than breaking news. My 5 Favorite Places for Art in London
• Neutral Sentiment: Topical political/celebrity pieces (e.g., Melania Trump interview) drive spikes in traffic but are episodic; useful for short-term engagement metrics. Melania Trump Says She Was Not Associated With Jeffrey Epstein
• Negative Sentiment: Macro headwinds: a sharp rise in U.S. gasoline prices is squeezing consumer budgets and could pressure discretionary subscription growth and advertising demand over time. A Record Jump in U.S. Gasoline Prices Is Squeezing Consumers
• Negative Sentiment: Broader concerns about A.I. and platform risk (DealBook discussion) add uncertainty about future content distribution, costs and competition — potential long-term pressure on margins and the advertising model. Bessent and Powell’s A.I. Anxiety

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.

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