Renaissance Technologies LLC Has $230.78 Million Stake in The New York Times Company $NYT

Renaissance Technologies LLC boosted its position in shares of The New York Times Company (NYSE:NYT) by 20.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,756,180 shares of the company’s stock after purchasing an additional 465,600 shares during the period. Renaissance Technologies LLC’s holdings in New York Times were worth $230,775,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in NYT. Empowered Funds LLC purchased a new position in shares of New York Times during the first quarter valued at $442,000. Focus Partners Wealth grew its stake in New York Times by 52.2% during the 1st quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock valued at $577,000 after acquiring an additional 3,990 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in 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 acquiring an additional 739 shares in the last quarter. Baird Financial Group Inc. acquired a new position in shares of New York Times in the 2nd quarter valued at about $306,000. Finally, Cerity Partners LLC increased its holdings in shares of New York Times by 70.2% in the 2nd quarter. Cerity Partners LLC now owns 55,423 shares of the company’s stock valued at $3,103,000 after purchasing an additional 22,853 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

New York Times News Roundup

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

• Positive Sentiment: Reuters reported that a U.S. judge will weigh subpoenas involving New York Times journalists who reported on Trump’s Qatari-donated Air Force One, a reminder that the paper remains at the center of major political coverage and legal attention. That kind of high-profile journalism can support subscriber engagement and reinforce the brand. Article Title
• Neutral Sentiment: Several recent New York Times articles focused on major global and U.S. issues, including Iran, tariffs, interest rates, measles, and public policy. These topics help drive audience traffic, but the direct financial impact on NYT is unclear. Article Title
• Neutral Sentiment: The company also published lifestyle, arts, sports, and feature coverage, including MLB trade-deadline analysis and entertainment pieces. These stories can support engagement, but they are not likely to materially move the stock on their own. Article Title
• Negative Sentiment: The broader news cycle remains dominated by war, tariffs, and economic uncertainty, which could pressure consumer sentiment and advertising conditions if the environment worsens. That is an indirect risk for media companies like NYT. Article Title

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $95.00 price target on shares of New York Times in a report on Thursday, May 7th. Wall Street Zen upgraded shares of New York Times from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Guggenheim increased their target price on shares of New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, May 7th. Evercore reissued an “outperform” rating and set a $92.00 target price on shares of New York Times in a research note on Thursday, May 7th. Finally, Barclays boosted their price target on shares of New York Times from $60.00 to $66.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $83.22.

New York Times Price Performance

NYT opened at $71.69 on Friday. The company has a market capitalization of $11.60 billion, a PE ratio of 30.77, a price-to-earnings-growth ratio of 1.45 and a beta of 0.96. The New York Times Company has a fifty-two week low of $51.03 and a fifty-two week high of $87.10. The business has a 50-day moving average of $73.85 and a 200-day moving average of $76.05.

New York Times (NYSE:NYT) last announced its quarterly earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.49 by $0.12. New York Times had a return on equity of 22.02% and a net margin of 13.18%.The business had revenue of $712.24 million during the quarter, compared to analysts’ expectations of $699.93 million. During the same quarter in the previous year, the business posted $0.41 EPS. The firm’s quarterly revenue was up 12.0% compared to the same quarter last year. On average, equities research analysts expect that The New York Times Company will post 2.93 earnings per share for the current fiscal year.

New York Times Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 23rd. Shareholders of record on Wednesday, July 8th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Wednesday, July 8th. New York Times’s payout ratio is currently 39.48%.

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.