The New York Times Company $NYT Shares Sold by Cullinan Associates Inc.

Posted by Alanna Baker on Jul 12th, 2026

Cullinan Associates Inc. reduced its stake in The New York Times Company (NYSE:NYT – Free Report) by 29.3% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 102,672 shares of the company’s stock after selling 42,638 shares during the quarter. Cullinan Associates Inc.’s holdings in New York Times were worth $8,597,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. AQR Capital Management LLC boosted its position in shares of New York Times by 35.3% during the 4th quarter. AQR Capital Management LLC now owns 6,241,489 shares of the company’s stock valued at $433,284,000 after acquiring an additional 1,628,200 shares during the last quarter. Wellington Management Group LLP grew its holdings in shares of New York Times by 9.3% in the fourth quarter. Wellington Management Group LLP now owns 5,211,824 shares of the company’s stock valued at $361,805,000 after purchasing an additional 441,851 shares during the period. Berkshire Hathaway Inc acquired a new stake in New York Times during the fourth quarter worth about $351,664,000. State Street Corp increased its position in New York Times by 2.4% during the fourth quarter. State Street Corp now owns 5,027,198 shares of the company’s stock worth $348,988,000 after purchasing an additional 116,012 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in New York Times by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 3,922,565 shares of the company’s stock worth $272,347,000 after purchasing an additional 50,389 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

New York Times Trading Up 0.7%

NYT traded up $0.52 on Friday, hitting $74.82. The company had a trading volume of 1,213,304 shares, compared to its average volume of 1,666,283. The company’s fifty day moving average price is $74.67 and its 200 day moving average price is $75.78. The New York Times Company has a 1 year low of $51.03 and a 1 year high of $87.10. The firm has a market cap of $12.11 billion, a P/E ratio of 32.11, a PEG ratio of 1.55 and a beta of 0.96.

New York Times (NYSE:NYT – Get Free Report) last announced its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.49 by $0.12. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The company had revenue of $712.24 million during the quarter, compared to analyst estimates of $699.93 million. During the same quarter last year, the firm posted $0.41 earnings per share. New York Times’s revenue was up 12.0% compared to the same quarter last year. On average, analysts predict that The New York Times Company will post 2.93 earnings per share for the current year.

New York Times Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 8th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, July 8th. New York Times’s dividend payout ratio is currently 39.48%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on NYT shares. Wall Street Zen upgraded shares of New York Times from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Bank of America cut their price target on shares of New York Times from $87.00 to $80.00 and set a “neutral” rating for the company in a report on Wednesday, June 24th. Citigroup reaffirmed a “neutral” rating on shares of New York Times in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on New York Times from $74.00 to $82.00 and gave the company an “overweight” rating in a report on Friday, May 29th. Finally, Barclays increased their price objective on New York Times from $60.00 to $66.00 and gave the stock an “equal weight” rating in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, New York Times presently has a consensus rating of “Moderate Buy” and a consensus target price of $83.22.

Read Our Latest Report on New York Times

Insider Buying and Selling

In other New York Times news, EVP Jacqueline M. Welch sold 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $74.14, for a total value of $296,560.00. Following the sale, the executive vice president owned 23,873 shares of the company’s stock, valued at $1,769,944.22. The trade was a 14.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP William Bardeen sold 4,121 shares of the company’s stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $77.85, for a total value of $320,819.85. Following the transaction, the executive vice president owned 14,560 shares in the company, valued at $1,133,496. This trade represents a 22.06% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 17,121 shares of company stock valued at $1,310,920. Company insiders own 1.90% of the company’s stock.

Key New York Times News

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

Positive Sentiment: The New York Times continued to publish high-traffic original content across news, sports, travel, and culture, helping reinforce audience engagement and subscription value. An Insider’s Guide to 6 of Vienna’s Splendid Public Pools
Positive Sentiment: Coverage of major live sports events, including Wimbledon, World Cup updates, and The Athletic’s breaking analysis, supports readership and engagement in premium sports content. Wimbledon 2026 live updates
Positive Sentiment: The company and other publishers asked a court to sanction OpenAI in the copyright dispute, signaling a more aggressive legal stance that could strengthen NYT’s position in a potentially important revenue and IP case. Reuters article on OpenAI sanctions request
Neutral Sentiment: The NYT’s broad mix of political, international, and feature reporting keeps the brand highly visible, but these stories are not likely to move the stock on their own. Why Some Women in Maine Are Mourning the End of Graham Platner’s Campaign
Negative Sentiment: The escalating OpenAI litigation could be costly and prolonged, creating legal expense and uncertainty even if it ultimately supports the company’s content-rights claims. New York Times says OpenAI hid evidence in ChatGPT copyright trial

New York Times Profile

(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.