New York Times (NYSE:NYT) EVP William Bardeen Sells 13,000 Shares of Stock

The New York Times Company (NYSE:NYT) EVP William Bardeen sold 13,000 shares of New York Times stock in a transaction that occurred on Tuesday, March 3rd. The stock was sold at an average price of $79.56, for a total value of $1,034,280.00. Following the transaction, the executive vice president directly owned 18,681 shares in the company, valued at approximately $1,486,260.36. This trade represents a 41.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

New York Times Trading Down 3.5%

Shares of NYT traded down $2.85 during mid-day trading on Friday, hitting $79.10. 601,633 shares of the company’s stock were exchanged, compared to its average volume of 2,374,395. The New York Times Company has a fifty-two week low of $44.83 and a fifty-two week high of $82.74. The business’s 50 day moving average is $72.87 and its two-hundred day moving average is $64.94. The firm has a market capitalization of $12.84 billion, a P/E ratio of 37.85, a P/E/G ratio of 2.51 and a beta of 1.09.

New York Times (NYSE:NYT) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping 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 the consensus estimate of $791.55 million. During the same quarter in the prior year, the firm earned $0.80 EPS. New York Times’s quarterly revenue was up 10.4% on a year-over-year basis. On average, equities research analysts forecast 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 paid a dividend of $0.23 per share. 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. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.2%. New York Times’s dividend payout ratio is currently 34.45%.

New York Times News Roundup

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

• Positive Sentiment: Broad, sustained front‑page coverage and live updates on attacks in Tehran, Beirut and Tel Aviv are likely boosting site traffic and subscriber interest; major breaking-news cycles typically benefit large national outlets like NYT. Live Updates: Tehran, Beirut and Tel Aviv Are Targeted in Attacks and Counterattacks
• Positive Sentiment: Analysis pieces on how conflict in the Persian Gulf could affect the U.S. economy and energy markets can attract higher‑value readership (subscriptions and advertising), supporting NYT’s monetization. How War in the Persian Gulf Could Spill Into the U.S. Economy
• Positive Sentiment: Opinion and policy coverage about the Strait of Hormuz and related geopolitical risk (high engagement topics) reinforces NYT’s role as a go‑to source, likely lifting traffic and subscriptions. Trump’s Strait of Hormuz Problem
• Positive Sentiment: Business/economy coverage such as the Jobs Report briefing draws business audiences and advertisers — helping NYT’s premium content monetization. The Jobs Report
• Neutral Sentiment: Feature and culture stories (e.g., fan sublets tied to a major celebrity residency) add audience breadth but are less likely to move investor perception materially. They Can’t Stay at Harry’s House, So They’ll Stay With Fellow Fans
• Neutral Sentiment: Sports and lifestyle coverage (multiple Athletic pieces and WBC/team rankings) sustain daily engagement but are lower revenue-per-reader compared with hard news subscribers. Yankees top prospect George Lombard Jr. is impressing
• Negative Sentiment: Chairman Arthur G. Sulzberger sold 13,000 NYT shares (about a 7.01% reduction of his disclosed position) at an average price near $79.95; open‑market insider sales can create negative optics for investors. SEC filing: Sulzberger sale
• Negative Sentiment: EVP William Bardeen sold 13,000 shares (a ~41% reduction in his disclosed holdings) at an average price ~ $79.56; the size and concentration of the sale may amplify investor concern. SEC filing: Bardeen sale

Hedge Funds Weigh In On New York Times

Institutional investors and hedge funds have recently bought and sold shares of the stock. Berkshire Hathaway Inc purchased a new stake in shares of New York Times during the 4th quarter valued at $351,664,000. Bank of Montreal Can boosted its stake in shares of New York Times by 10,018.3% in the fourth quarter. Bank of Montreal Can now owns 2,316,172 shares of the company’s stock valued at $160,789,000 after purchasing an additional 2,293,281 shares during the period. AQR Capital Management LLC grew its stake in shares of New York Times by 78.1% during the second quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock valued at $233,265,000 after acquiring an additional 1,836,788 shares in the last quarter. Egerton Capital UK LLP purchased a new stake in New York Times during the 4th quarter worth approximately $97,882,000. Finally, Abrams Bison Investments LLC acquired a new position in New York Times during the 2nd quarter worth $78,932,000. Institutional investors and hedge funds own 95.37% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of New York Times from $71.00 to $74.00 and gave the stock an “overweight” rating in a research report on Thursday, February 5th. Citigroup reduced their price target 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. Evercore reissued an “outperform” rating on shares of New York Times in a research note on Thursday, February 5th. Morgan Stanley set a $68.00 target price on New York Times in a research note on Thursday, December 18th. Finally, Guggenheim set a $63.00 price target on New York Times and gave the stock a “neutral” rating in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.43.

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.