Concurrent Investment Advisors LLC Makes New $2.56 Million Investment in The New York Times Company $NYT

Concurrent Investment Advisors LLC acquired a new position in shares of The New York Times Company (NYSE:NYT - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,655 shares of the company's stock, valued at approximately $2,565,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Navalign LLC bought a new stake in shares of New York Times during the 4th quarter valued at approximately $25,000. Basecamp Wealth Advisors LLC lifted its stake in New York Times by 1,191.7% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 310 shares of the company's stock valued at $26,000 after purchasing an additional 286 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in New York Times in the fourth quarter valued at approximately $32,000. Larson Financial Group LLC boosted its position in New York Times by 59.6% in the third quarter. Larson Financial Group LLC now owns 656 shares of the company's stock valued at $38,000 after buying an additional 245 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew 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 worth $42,000 after buying an additional 739 shares during the last quarter. Institutional investors and hedge funds own 95.37% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on NYT shares. UBS Group set a $75.00 price objective on shares of New York Times in a report on Tuesday, August 18th. Barclays decreased their price target on shares of New York Times from $66.00 to $63.00 and set an "equal weight" rating for the company in a research report on Thursday, August 6th. Wall Street Zen downgraded shares of New York Times from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Weiss Ratings reiterated a "buy (b)" rating on shares of New York Times in a report on Friday, July 17th. Finally, Zacks Research cut shares of New York Times from a "strong-buy" rating to a "hold" rating in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $82.33.

New York Times News Summary

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

• Positive Sentiment: Election coverage should support engagement. Extensive reporting on the New Hampshire Senate primary, the 2026 midterms, Republican candidates and key congressional races gives NYT opportunities to attract recurring readers during an important political news cycle. New Hampshire U.S. Senate Primary Election Results
• Positive Sentiment: The company is demonstrating content breadth across major news events. Reporting on tariffs between the United States and Canada, mail voting, Russia’s attack on Kyiv and China’s Arctic shipping route reinforces NYT’s role as a destination for breaking national and international news. Trump Hits Back as Canada Imposes New Tariffs on U.S. Goods
• Positive Sentiment: The Athletic and entertainment coverage add subscription appeal. U.S. Open updates, MLB analysis, Broadway news and film coverage broaden the company’s appeal beyond hard news and may help retention across its bundle of digital products. US Open 2026 live updates

New York Times Stock Up 0.8%

Shares of NYSE NYT opened at $67.79 on Wednesday. The company has a market capitalization of $10.93 billion, a PE ratio of 28.25, a P/E/G ratio of 1.75 and a beta of 0.92. The New York Times Company has a twelve month low of $54.10 and a twelve month high of $87.10. The firm has a fifty day simple moving average of $70.25 and a 200 day simple moving average of $75.34.

New York Times (NYSE:NYT - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.69 EPS for the quarter, beating analysts' consensus estimates of $0.67 by $0.02. New York Times had a net margin of 13.19% and a return on equity of 22.64%. The business had revenue of $762.46 million for the quarter, compared to analysts' expectations of $752.01 million. During the same quarter in the prior year, the firm posted $0.58 earnings per share. The business's quarterly revenue was up 11.2% compared to the same quarter last year. As a group, equities analysts expect that The New York Times Company will post 2.82 earnings per share for the current fiscal year.

New York Times Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Wednesday, July 8th were given a dividend of $0.23 per share. The ex-dividend date was Wednesday, July 8th. This represents a $0.92 annualized dividend and a dividend yield of 1.4%. New York Times's dividend payout ratio is presently 38.33%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.