Thrivent Financial for Lutherans Has $5.95 Million Stock Holdings in The New York Times Company $NYT

Thrivent Financial for Lutherans decreased its stake in shares of The New York Times Company (NYSE:NYT) by 27.9% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 103,629 shares of the company’s stock after selling 40,040 shares during the period. Thrivent Financial for Lutherans owned 0.06% of New York Times worth $5,948,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Empowered Funds LLC acquired a new stake in New York Times during the first quarter worth approximately $442,000. Focus Partners Wealth increased its stake in shares of New York Times by 52.2% during the first quarter. Focus Partners Wealth now owns 11,640 shares of the company’s stock worth $577,000 after purchasing an additional 3,990 shares during the period. Geneos Wealth Management Inc. lifted its holdings in New York Times by 690.7% during 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 during the last quarter. Janney Montgomery Scott LLC bought a new stake in New York Times in the 2nd quarter valued at $380,000. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in New York Times by 127.3% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,058 shares of the company’s stock valued at $1,011,000 after purchasing an additional 10,115 shares during the period. 95.37% of the stock is owned by institutional investors.

Trending Headlines about New York Times

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

• Positive Sentiment: Q4 earnings showed continued digital momentum: revenue rose ~10.4%, digital subscriptions, ARPU and advertising strength lifted results and free cash flow was reported at $550.5M — a key fundamental positive for recurring-revenue growth. The New York Times’ Q4 Earnings Beat Highlights Digital Momentum
• Positive Sentiment: The board raised the quarterly dividend to $0.23 (a ~27.8% increase versus prior), which boosts income appeal and signals management confidence in cash flow.
• Positive Sentiment: Evercore ISI raised its price target to $75 and kept an outperform rating — a vote of confidence that implies meaningful upside from current levels. New York Times (NYSE:NYT) Price Target Raised to $75.00 at Evercore ISI
• Positive Sentiment: J.P. Morgan raised its target to $74 and carries an overweight rating, adding institutional validation for the stock’s growth thesis. New York Times (NYSE:NYT) Price Target Raised to $74.00 at JPMorgan Chase & Co.
• Neutral Sentiment: Analyst/commentary pieces highlight NYT as a long-term growth stock based on digital subscription trends; helpful for sentiment but not an immediate catalyst. Why New York Times Co. (NYT) is a Top Growth Stock for the Long-Term
• Neutral Sentiment: High-profile content (Olympics coverage and other major stories) can lift traffic and engagement intermittently, but the immediate stock effect is uncertain. Example Olympic coverage: USA women’s hockey / norovirus story. USA downs Czech Republic on Day 1 of Olympic women’s hockey headlined by norovirus outbreak
• Negative Sentiment: Despite the positive newsflow, shares are lower today — likely reflecting near-term profit-taking after recent gains, a relatively high P/E (~32.6) and limited immediate upside for traders who had already priced in the beat and analyst raises. Investors should watch upcoming subscription trends and guidance for confirmation of sustained digital growth.

Analyst Ratings Changes

Several research analysts have weighed in on NYT shares. Guggenheim set a $63.00 price objective on New York Times and gave the stock a “neutral” rating in a research report on Wednesday. Evercore raised their price target on shares of New York Times from $69.00 to $75.00 and gave the stock an “outperform” rating in a research report on Thursday. JPMorgan Chase & Co. increased their target price 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. Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a research report on Thursday, January 22nd. Finally, Morgan Stanley set a $68.00 price target on New York Times in a research note on Thursday, December 18th. Five analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.43.

New York Times Price Performance

Shares of NYSE:NYT opened at $68.07 on Friday. The company’s 50 day simple moving average is $69.69 and its 200 day simple moving average is $62.22. The New York Times Company has a 1 year low of $44.83 and a 1 year high of $74.04. The stock has a market capitalization of $11.05 billion, a price-to-earnings ratio of 32.57, a price-to-earnings-growth ratio of 1.51 and a beta of 1.11.

New York Times (NYSE:NYT) last issued its earnings results on Wednesday, February 4th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.01. New York Times had a return on equity of 21.02% and a net margin of 12.18%.The firm had revenue of $802.31 million for the quarter, compared to the consensus estimate of $791.55 million. During the same quarter last year, the business posted $0.80 EPS. The company’s revenue was up 10.4% compared to the same quarter last year. As a group, analysts anticipate that The New York Times Company will post 2.08 EPS 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. Shareholders of record on Wednesday, April 1st will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Wednesday, April 1st. This is a positive change from New York Times’s previous quarterly dividend of $0.18. This represents a $0.92 annualized dividend and a yield of 1.4%. New York Times’s payout ratio is presently 35.12%.

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.