Farallon Capital Management LLC Trims Holdings in The New York Times Company $NYT

Farallon Capital Management LLC trimmed its holdings in The New York Times Company (NYSE:NYT) by 11.1% in the 3rd quarter, Holdings Channel reports. The fund owned 4,985,745 shares of the company’s stock after selling 623,801 shares during the quarter. New York Times accounts for about 1.2% of Farallon Capital Management LLC’s investment portfolio, making the stock its 25th biggest position. Farallon Capital Management LLC’s holdings in New York Times were worth $286,182,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Empowered Funds LLC bought a new position in shares of New York Times during the first quarter valued at approximately $442,000. Focus Partners Wealth boosted its position in shares of New York Times by 52.2% in the 1st quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after purchasing an additional 3,990 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of New York Times by 690.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 846 shares of the company’s stock worth $42,000 after purchasing an additional 739 shares in the last quarter. ProShare Advisors LLC grew its stake in shares of New York Times by 3.5% in the 2nd quarter. ProShare Advisors LLC now owns 7,195 shares of the company’s stock worth $403,000 after buying an additional 243 shares during the last quarter. Finally, Allworth Financial LP grew its stake in shares of New York Times by 405.4% in the 2nd quarter. Allworth Financial LP now owns 1,021 shares of the company’s stock worth $57,000 after buying an additional 819 shares during the last quarter. 95.37% of the stock is owned by hedge funds and other institutional investors.

New York Times Stock Up 1.6%

Shares of NYSE NYT opened at $79.30 on Monday. The firm has a market cap of $12.87 billion, a P/E ratio of 37.94, a PEG ratio of 2.46 and a beta of 1.09. The New York Times Company has a twelve month low of $44.83 and a twelve month high of $82.74. The company has a 50 day moving average of $74.02 and a 200 day moving average of $65.84.

New York Times (NYSE:NYT) last issued its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.88 by $0.01. The business had revenue of $802.31 million for the quarter, compared to the consensus estimate of $791.55 million. New York Times had a return on equity of 20.73% and a net margin of 12.18%.The company’s revenue was up 10.4% compared to the same quarter last year. During the same period last year, the business posted $0.80 EPS. As a group, equities analysts expect 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 disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Investors of record on Wednesday, April 1st will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. 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. New York Times’s payout ratio is 34.45%.

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 Buying and Selling

In other New York Times news, CAO R Anthony Benten sold 1,913 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the transaction, the chief accounting officer owned 37,772 shares in the company, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP William Bardeen sold 13,000 shares of the firm’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 sale, the executive vice president directly owned 18,681 shares in the company, valued at approximately $1,486,260.36. The trade was a 41.03% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 27,913 shares of company stock worth $2,214,369. 1.90% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have issued reports on NYT. JPMorgan Chase & Co. lifted their price objective on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, February 5th. Citigroup cut their target price on New York Times from $81.00 to $77.00 and set a “buy” rating on the stock in a research note on Thursday, February 5th. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a report on Thursday, January 22nd. Argus raised New York Times to a “strong-buy” rating in a research report on Thursday, February 19th. Finally, Guggenheim set a $63.00 price target on shares of New York Times and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $68.43.

New York Times Company 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.