Key Points
- EVP William Bardeen sold 13,000 shares on March 3 at an average price of $79.56, realizing about $1.03 million and cutting his stake by 41.03% to 18,681 shares.
- The stock traded down roughly 3.5% to $79.10; NYT recently posted a slight earnings beat (EPS $0.89 vs. $0.88) and raised its quarterly dividend to $0.23 (annualized $0.92, ~1.2% yield).
The New York Times Company (NYSE:NYT - Get Free Report) EVP William Bardeen sold 13,000 shares of the 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 sale, the executive vice president owned 18,681 shares in the company, valued at $1,486,260.36. The trade was a 41.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.
New York Times Trading Down 3.5%
NYT traded down $2.85 during trading on Friday, reaching $79.10. 601,633 shares of the company were exchanged, compared to its average volume of 2,374,395. The stock has a market cap of $12.84 billion, a P/E ratio of 37.85, a PEG ratio of 2.51 and a beta of 1.09. The New York Times Company has a 52 week low of $44.83 and a 52 week high of $82.74. The firm has a 50 day moving average of $72.87 and a 200 day moving average of $64.94.
New York Times (NYSE:NYT - Get Free Report) last released its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, topping analysts' consensus estimates of $0.88 by $0.01. The business had revenue of $802.31 million for the quarter, compared to analysts' expectations of $791.55 million. New York Times had a net margin of 12.18% and a return on equity of 20.73%. The company's revenue for the quarter was up 10.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.80 EPS. As a group, 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. Investors of record on Wednesday, April 1st will be given a $0.23 dividend. The ex-dividend date is Wednesday, April 1st. This represents a $0.92 annualized dividend and a yield of 1.2%. This is an increase from New York Times's previous quarterly dividend of $0.18. New York Times's payout ratio is 34.45%.
Trending Headlines about New York Times
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
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of NYT. Navalign LLC purchased a new position in New York Times during the 4th quarter valued at about $25,000. Employees Retirement System of Texas acquired a new stake in shares of New York Times during the 2nd quarter valued at $28,000. True Wealth Design LLC increased its stake in shares of New York Times by 519.6% in the second quarter. True Wealth Design LLC now owns 570 shares of the company's stock worth $32,000 after acquiring an additional 478 shares during the last quarter. Hantz Financial Services Inc. raised its holdings in shares of New York Times by 4,591.7% during the second quarter. Hantz Financial Services Inc. now owns 563 shares of the company's stock worth $32,000 after acquiring an additional 551 shares in the last quarter. Finally, Cornerstone Planning Group LLC boosted its position in New York Times by 74.2% during the fourth quarter. Cornerstone Planning Group LLC now owns 446 shares of the company's stock valued at $32,000 after purchasing an additional 190 shares during the last quarter. Hedge funds and other institutional investors own 95.37% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on the stock. Citigroup cut their price objective on shares of 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. Evercore reaffirmed an "outperform" rating on shares of New York Times in a research note on Thursday, February 5th. Morgan Stanley set a $68.00 price target on New York Times in a research report on Thursday, December 18th. Barclays upped their price objective on New York Times from $55.00 to $60.00 and gave the company an "equal weight" rating in a report on Tuesday, January 20th. Finally, UBS Group set a $62.00 target price on New York Times in a research note on Thursday, November 6th. One investment 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. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $68.43.
Read Our Latest Research Report on NYT
About New York Times
(
Get Free Report)
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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