Thematics Asset Management Decreases Holdings in The New York Times Company $NYT

Key Points

• Thematics Asset Management cut its stake in The New York Times by 18.6% in Q3, selling 16,328 shares and ending the quarter with 71,462 shares valued at about $4.10 million.
• Insider selling is notable: Chairman Arthur G. Sulzberger sold 13,000 shares (~$1.04M) and insiders sold 27,913 shares worth $2.21M in the last quarter, leaving insiders with roughly 1.9% ownership.
• The New York Times slightly beat earnings (Q EPS $0.89 vs. $0.88 est.), posted 10.4% revenue growth year‑over‑year, raised its quarterly dividend to $0.23 (annualized $0.92, 1.2% yield), and carries a consensus analyst rating of "Moderate Buy" with a $68.43 target.

Thematics Asset Management reduced its stake in The New York Times Company (NYSE:NYT - Free Report) by 18.6% during the third quarter, according to its most recent filing with the SEC. The fund owned 71,462 shares of the company's stock after selling 16,328 shares during the quarter. Thematics Asset Management's holdings in New York Times were worth $4,102,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. Employees Retirement System of Texas bought a new stake in shares of New York Times in the 2nd quarter worth approximately $28,000. Nomura Asset Management Co. Ltd. grew its holdings in New York Times by 86.8% during the second quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company's stock valued at $40,000 after purchasing an additional 330 shares during the period. Whittier Trust Co. bought a new stake in shares of New York Times in the third quarter valued at $42,000. Hantz Financial Services Inc. raised its stake in shares of New York Times by 49.4% in the third quarter. Hantz Financial Services Inc. now owns 841 shares of the company's stock valued at $48,000 after buying an additional 278 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in shares of New York Times by 690.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 846 shares of the company's stock valued at $42,000 after buying an additional 739 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company's stock.

Key Headlines Impacting New York Times

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

• Positive Sentiment: Major international breaking coverage (Iran war) is driving high readership and engagement; live updates on oil-terminal closures and regional disruptions boost subscription and ad traffic. Iran War Live Updates: Iraq Closes Oil Terminals Amid Growing Disruption to Global Supplies
• Positive Sentiment: Broad analysis pieces on the war’s global impact keep readers engaged longer and support NYT’s reputation for deep coverage — a subscriber-retention positive. How Trump’s War With Iran Changed the World in a Week
• Positive Sentiment: Breaking domestic news (campus shooting at Old Dominion) generates immediate traffic spikes to news sites, supporting short-term ad revenue and conversion opportunities. 2 People Injured and Gunman Dead in Shooting at Old Dominion University
• Positive Sentiment: High-interest legal and cultural stories (Bill Cosby civil trial) and awards-season coverage (Oscars predictions) are audience drivers that boost engagement and subscriptions. Bill Cosby, Out of Prison and the Public Eye, Faces Civil Trial Oscars 2026 Predictions: Who Will Win Best Picture, Actor and Actress?
• Positive Sentiment: The Athletic (owned by NYT) published multiple sports features — MLB, NHL, Premier League and WBC coverage — showing continued content depth that supports subscriber retention and cross-selling. Can new Mets pitching coach Justin Willard revive the rotation? Toronto Maple Leafs are No. 29 in Scott Wheeler’s 2026 NHL prospect pool rankings
• Neutral Sentiment: Coverage of macro-economic and policy items (tariff refund delays, farmers’ pessimism due to war, Washington’s “millionaires’ tax”) is important for credibility but has uncertain direct near-term impact on NYT revenue. Trump Administration Suggests Tariff Refunds May Take Significant Time A State of Wealthy Entrepreneurs Passes a ‘Millionaires’ Tax’
• Neutral Sentiment: Specialty business and culture pieces (art-market recovery, EPA adviser controversy) add to authoritative coverage but are unlikely to move the stock materially on their own. Top-End Auction Sales Help Pull Global Art Market Out of Slump, Study Says

Insider Activity

In related news, Chairman Arthur G. Sulzberger sold 13,000 shares of the stock in a transaction on 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 owned 172,338 shares of the company's stock, valued at $13,778,423.10. This represents a 7.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO R Anthony Benten sold 1,913 shares of the company's stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $73.57, for a total value of $140,739.41. Following the completion of the transaction, the chief accounting officer owned 37,772 shares of the company's stock, valued at $2,778,886.04. The trade was a 4.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 27,913 shares of company stock worth $2,214,369. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Morgan Stanley set a $68.00 price objective on New York Times in a research note on Thursday, December 18th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of New York Times in a report on Thursday, January 22nd. Wall Street Zen lowered shares of New York Times from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Guggenheim set a $63.00 target price on New York Times and gave the stock a "neutral" rating in a research report on Wednesday, February 4th. Finally, Argus raised 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 given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $68.43.

New York Times Price Performance

NYT opened at $79.30 on Friday. The firm has a market capitalization of $12.87 billion, a P/E ratio of 37.94, a price-to-earnings-growth ratio of 2.42 and a beta of 1.09. The New York Times Company has a one year low of $44.83 and a one year high of $82.74. The company has a fifty day moving average price of $74.02 and a 200-day moving average price of $65.76.

New York Times (NYSE:NYT - Get Free Report) last posted its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $791.55 million. During the same period in the previous year, the business earned $0.80 earnings per share. The firm's revenue was up 10.4% on a year-over-year basis. On average, analysts expect that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The business 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 $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from New York Times's previous quarterly dividend of $0.18. New York Times's payout ratio is currently 34.45%.

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.

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