Grantham Mayo Van Otterloo & Co. LLC Has $60.79 Million Stake in The New York Times Company $NYT

Grantham Mayo Van Otterloo & Co. LLC lowered its holdings in shares of The New York Times Company (NYSE:NYT) by 7.0% during the third quarter, Holdings Channel reports. The institutional investor owned 1,059,031 shares of the company’s stock after selling 79,171 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC’s holdings in New York Times were worth $60,788,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of NYT. First Trust Advisors LP raised its stake in shares of New York Times by 3.4% in the 3rd quarter. First Trust Advisors LP now owns 1,549,547 shares of the company’s stock valued at $88,944,000 after buying an additional 50,301 shares in the last quarter. Barclays PLC boosted its position in shares of New York Times by 14.9% during the 3rd quarter. Barclays PLC now owns 222,472 shares of the company’s stock valued at $12,770,000 after acquiring an additional 28,812 shares in the last quarter. Crossmark Global Holdings Inc. increased its stake in New York Times by 3.0% in the third quarter. Crossmark Global Holdings Inc. now owns 11,349 shares of the company’s stock valued at $651,000 after acquiring an additional 329 shares during the period. Focus Partners Advisor Solutions LLC increased its stake in New York Times by 36.3% in the third quarter. Focus Partners Advisor Solutions LLC now owns 17,055 shares of the company’s stock valued at $1,035,000 after acquiring an additional 4,540 shares during the period. Finally, 111 Capital acquired a new position in New York Times in the third quarter worth about $570,000. Institutional investors own 95.37% of the company’s stock.

Insider Transactions at New York Times

In other news, CAO R Anthony Benten sold 1,913 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $73.57, for a total value of $140,739.41. Following the completion of the sale, the chief accounting officer directly owned 37,772 shares in the company, valued at approximately $2,778,886.04. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Chairman Arthur G. Sulzberger sold 13,000 shares of New York Times stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $79.95, for a total value of $1,039,350.00. Following the completion of the transaction, the chairman directly owned 172,338 shares of the company’s stock, valued at $13,778,423.10. This represents a 7.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 27,913 shares of company stock worth $2,214,369. Insiders own 1.90% of the company’s stock.

New York Times Trading Down 1.9%

NYSE NYT opened at $80.39 on Friday. The New York Times Company has a 1-year low of $44.83 and a 1-year high of $82.74. The company has a 50 day moving average of $73.08 and a 200-day moving average of $65.12. The firm has a market cap of $13.05 billion, a price-to-earnings ratio of 38.46, a PEG ratio of 2.49 and a beta of 1.09.

New York Times (NYSE:NYT) last announced its earnings results on Wednesday, February 4th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.88 by $0.01. New York Times had a return on equity of 20.73% and a net margin of 12.18%.The business had revenue of $802.31 million for the quarter, compared to the consensus estimate of $791.55 million. During the same period in the previous year, the business earned $0.80 EPS. New York Times’s revenue was up 10.4% compared to the same quarter last year. On average, analysts forecast that The New York Times Company will post 2.08 earnings per share for the current year.

New York Times Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Shareholders of record on Wednesday, April 1st will be paid a $0.23 dividend. This is an increase from New York Times’s previous quarterly dividend of $0.18. This represents a $0.92 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, April 1st. New York Times’s payout ratio is presently 34.45%.

Key Headlines Impacting New York Times

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

• Positive Sentiment: Breaking international coverage and live updates on attacks in Tehran/Beirut/Tel Aviv should drive heavy traffic and subscription interest for NYT’s digital platform, supporting revenue potential from subscriptions and ads. Live Updates: Tehran, Beirut and Tel Aviv Are Targeted in Attacks and Counterattacks
• Positive Sentiment: Jobs-report coverage and related business briefings attract business audiences (higher lifetime-value subscribers) and advertiser spend, a near-term revenue positive for a news subscription model. Live Updates: Strong Hiring Likely Continued Early This Year
• Positive Sentiment: The company recently increased its quarterly dividend (new quarterly payout noted by market coverage), which can appeal to income-focused investors and signal cash‑flow confidence. MarketBeat: NYT profile and dividend details
• Neutral Sentiment: Feature, sports and culture pieces (e.g., lifestyle stories around celebrity residencies and Athletic sports coverage) sustain daily engagement but are less likely to move near‑term investor sentiment materially. They Can’t Stay at Harry’s House, So They’ll Stay With Fellow Fans
• Negative Sentiment: Chairman Arthur G. Sulzberger sold 13,000 shares (about a 7% disclosed reduction) in early March — insider sales can create negative optics and increase selling pressure. SEC filing: Sulzberger sale
• Negative Sentiment: EVP William Bardeen sold 13,000 shares (~41% reduction of his disclosed holding) at ~ $79.56 — large, concentrated insider selling can amplify investor concern and weigh on the stock. SEC filing: Bardeen sale
• Negative Sentiment: Weak macro headlines and a broad market drop after the jobs report are pressuring media and growth stocks generally, contributing to NYT’s share weakness today. Stocks Drop as Weak Jobs Report Adds to Uncertain Outlook

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NYT. Morgan Stanley set a $68.00 price target on shares of New York Times in a research note on Thursday, December 18th. Wall Street Zen cut New York Times from a “buy” rating to a “hold” rating in a report on Saturday. Barclays raised their target price on New York Times from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 20th. JPMorgan Chase & Co. boosted their price target 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. Finally, Guggenheim set a $63.00 price objective on New York Times and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, New York Times currently has a consensus rating of “Moderate Buy” and a consensus price target of $68.43.

New York Times 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.