The New York Times Company $NYT Stock Position Lowered by Douglas Lane & Associates LLC

Key Points

• Douglas Lane & Associates cut its stake in The New York Times by 33.3% in Q4 and now holds 49,772 shares worth about $3.46 million.
• Insiders sold a combined 27,913 shares (≈$2.21 million), including 13,000 shares each by EVP William Bardeen and Chairman Arthur Sulzberger, leaving insiders with about 1.9% ownership.
• The company raised its quarterly dividend to $0.23 (from $0.18; annualized $0.92, ~1.2% yield) and reported Q results that beat EPS and revenue estimates, with revenue up 10.4% year-over-year.

Douglas Lane & Associates LLC lessened its position in The New York Times Company (NYSE:NYT - Free Report) by 33.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 49,772 shares of the company's stock after selling 24,879 shares during the period. Douglas Lane & Associates LLC's holdings in New York Times were worth $3,455,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. SOA Wealth Advisors LLC. bought a new stake in shares of New York Times in the 4th quarter worth $34,000. Grove Bank & Trust bought a new stake in shares of New York Times in the 4th quarter worth $42,000. Larson Financial Group LLC raised its stake in shares of New York Times by 59.6% in the 3rd quarter. Larson Financial Group LLC now owns 656 shares of the company's stock worth $38,000 after buying an additional 245 shares in the last quarter. Whittier Trust Co. bought a new stake in shares of New York Times in the 3rd quarter worth $42,000. Finally, Hantz Financial Services Inc. raised its stake in shares of New York Times by 49.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 841 shares of the company's stock worth $48,000 after buying an additional 278 shares in the last quarter. Institutional investors own 95.37% of the company's stock.

Insider Activity

In other news, EVP William Bardeen sold 13,000 shares of New York Times stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the transaction, the executive vice president owned 18,681 shares in the company, valued at approximately $1,486,260.36. The trade was a 41.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of New York Times stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the transaction, the chairman owned 172,338 shares in the company, valued at $13,778,423.10. This represents a 7.01% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 27,913 shares of company stock worth $2,214,369. 1.90% of the stock is owned by corporate insiders.

New York Times Stock Down 4.2%

Shares of NYSE NYT opened at $78.98 on Friday. The stock has a market capitalization of $12.74 billion, a price-to-earnings ratio of 37.79, a PEG ratio of 2.55 and a beta of 1.06. The stock's fifty day simple moving average is $78.63 and its 200 day simple moving average is $69.11. 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 issued its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, topping 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 business had revenue of $802.31 million for the quarter, compared to analysts' expectations of $791.55 million. During the same period in the previous year, the firm posted $0.80 EPS. The company's quarterly revenue was up 10.4% on a year-over-year basis. As a group, analysts anticipate that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be issued a dividend of $0.23 per share. This is a positive change from New York Times's previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Wednesday, April 1st. New York Times's dividend payout ratio is presently 44.02%.

Wall Street Analyst Weigh In

A number of research firms have recently commented on NYT. Evercore reissued an "outperform" rating on shares of New York Times in a research note on Thursday, February 5th. Citigroup lifted their target price on New York Times from $77.00 to $94.00 and gave the stock a "buy" rating in a report on Tuesday, March 24th. Weiss Ratings restated a "buy (b)" rating on shares of New York Times in a report on Thursday, January 22nd. Wall Street Zen cut New York Times from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Finally, Argus upgraded New York Times to a "strong-buy" rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, New York Times currently has an average rating of "Moderate Buy" and a consensus price target of $70.86.

Key New York Times News

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

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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