The New York Times Company $NYT Shares Acquired by First Trust Advisors LP

Key Points

• First Trust Advisors LP increased its stake in The New York Times to 1,549,547 shares (about 0.95%), valued at roughly $88.9 million, and institutional investors now own about 95.37% of the company.
• The New York Times beat quarterly EPS estimates ($0.89 vs. $0.88) and reported revenue of $802.3 million, up 10.4% year-over-year, while analysts forecast FY EPS of 2.08.
• The company raised its quarterly dividend to $0.23 (from $0.18), implying a $0.92 annualized payout and roughly a 1.1% yield, with an ex-dividend date of April 1.

First Trust Advisors LP increased its position in The New York Times Company (NYSE:NYT - Free Report) by 3.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,549,547 shares of the company's stock after buying an additional 50,301 shares during the quarter. First Trust Advisors LP owned about 0.95% of New York Times worth $88,944,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Quantbot Technologies LP lifted its stake in shares of New York Times by 233.4% in the 3rd quarter. Quantbot Technologies LP now owns 63,083 shares of the company's stock valued at $3,621,000 after purchasing an additional 44,161 shares in the last quarter. Envestnet Asset Management Inc. increased its position in New York Times by 28.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,642 shares of the company's stock worth $8,188,000 after purchasing an additional 31,507 shares in the last quarter. Jump Financial LLC increased its position in New York Times by 362.7% during the 2nd quarter. Jump Financial LLC now owns 153,506 shares of the company's stock worth $8,593,000 after purchasing an additional 120,327 shares in the last quarter. Intech Investment Management LLC raised its holdings in New York Times by 143.6% in the third quarter. Intech Investment Management LLC now owns 232,445 shares of the company's stock valued at $13,342,000 after buying an additional 137,037 shares during the period. Finally, Harel Insurance Investments & Financial Services Ltd. raised its holdings in New York Times by 35.0% in the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 94,722 shares of the company's stock valued at $5,428,000 after buying an additional 24,574 shares during the period. Institutional investors and hedge funds own 95.37% of the company's stock.

New York Times Price Performance

New York Times stock opened at $80.86 on Tuesday. The New York Times Company has a 12-month low of $44.83 and a 12-month high of $82.74. The company has a market capitalization of $13.13 billion, a price-to-earnings ratio of 38.69, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The firm's fifty day moving average price is $73.30 and its 200 day moving average price is $65.31.

New York Times (NYSE:NYT - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.88 by $0.01. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The company had revenue of $802.31 million during the quarter, compared to analysts' expectations of $791.55 million. During the same period in the prior year, the company posted $0.80 EPS. The firm's revenue for the quarter was up 10.4% on a year-over-year basis. Analysts forecast 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 announced a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Wednesday, April 1st will be issued a $0.23 dividend. This is an increase from New York Times's previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times's dividend payout ratio is 34.45%.

Insider Activity at New York Times

In other news, EVP William Bardeen sold 13,000 shares of the company's stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the completion of the transaction, the executive vice president owned 18,681 shares in the company, valued at approximately $1,486,260.36. This represents a 41.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of New York Times 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 transaction, the chairman directly owned 172,338 shares in the company, valued at approximately $13,778,423.10. The trade was a 7.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 27,913 shares of company stock worth $2,214,369 in the last 90 days. 1.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms have issued reports on NYT. Wall Street Zen downgraded shares of New York Times from a "buy" rating to a "hold" rating in a research note on Saturday. Argus raised shares of New York Times to a "strong-buy" rating in a research note on Thursday, February 19th. Citigroup reduced their target price on shares of New York Times from $81.00 to $77.00 and set a "buy" rating on the stock in a report on Thursday, February 5th. Guggenheim set a $63.00 price target on shares of New York Times and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of New York Times in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $68.43.

Key New York Times News

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

• Positive Sentiment: Breaking international coverage — expansive live updates on the Iran war and oil‑price shock are driving large, sustained traffic spikes that typically boost ad revenue and subscription signups. Live Updates: Oil Price Surge Rattles Markets; Iranians Appear Conflicted on Choice of Leader
• Positive Sentiment: Major geopolitical headline — coverage of Iran naming a new supreme leader is a high‑engagement event that likely increases subscription conversion and retention among international and political news audiences. Live Updates: Iran Names Khamenei’s Son Supreme Leader
• Positive Sentiment: Viral video/reporting — visual footage of an apparent strike near a boys’ school and other on‑the‑ground video pieces increase social sharing and homepage dwell time, amplifying short‑term ad yields and reader acquisition. Video Captures Apparent Strike Near Boys’ School in Iran
• Positive Sentiment: Editorial credibility story — a meta‑piece on how The Times covers the war may reassure subscribers about journalistic standards and help retention during politically charged coverage. How The Times Reports on the War in Iran and Beyond
• Neutral Sentiment: Tech/legal coverage — reporting on Anthropic suing the Pentagon is topical and may draw tech readers, but it has an uncertain direct effect on The Times’ monetization. Anthropic Sues Pentagon Over ‘Supply Chain Risk’ Label
• Neutral Sentiment: Reader engagement and local coverage — audience features (e.g., planning a longer life) and local breaking news (Gracie Mansion incident) sustain loyal reader engagement but are incremental versus major breaking news. Tell Us About Your Plans for a Longer Life Gracie Mansion Attack Came Amid Chaos of Influencer’s Anti-Muslim Rally
• Negative Sentiment: Political sensitivity risk — investigative reporting touching partisan institutions (e.g., coverage around Voice of America and audits) can provoke political pushback or advertiser sensitivity in the short term, introducing reputational/regulatory noise. As Kari Lake Sought to Shutter Voice of America, Parent Agency Rebuffed Auditors

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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