8,135 The New York Times Company $NYT Shares Acquired by Lebenthal Global Advisors LLC

Lebenthal Global Advisors LLC increased its holdings in shares of The New York Times Company (NYSE:NYT) by 55.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,821 shares of the company’s stock after buying an additional 8,135 shares during the period. Lebenthal Global Advisors LLC’s holdings in New York Times were worth $1,454,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of NYT. Renaissance Technologies LLC grew its holdings in New York Times by 20.3% during the 1st quarter. Renaissance Technologies LLC now owns 2,756,180 shares of the company’s stock worth $230,775,000 after acquiring an additional 465,600 shares during the period. First Trust Advisors LP lifted its stake in shares of New York Times by 0.9% in the 1st quarter. First Trust Advisors LP now owns 1,570,073 shares of the company’s stock valued at $131,462,000 after purchasing an additional 14,202 shares during the period. Bank of New York Mellon Corp lifted its stake in shares of New York Times by 3.0% in the 1st quarter. Bank of New York Mellon Corp now owns 1,512,403 shares of the company’s stock valued at $126,633,000 after purchasing an additional 43,796 shares during the period. Janus Henderson Group PLC boosted its position in shares of New York Times by 30.3% in the 1st quarter. Janus Henderson Group PLC now owns 761,118 shares of the company’s stock worth $63,740,000 after purchasing an additional 177,045 shares during the last quarter. Finally, Giverny Capital Inc. bought a new position in shares of New York Times in the 2nd quarter worth $33,900,000. 95.37% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NYT shares. Wall Street Zen cut New York Times from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Barclays cut their target price on New York Times from $66.00 to $63.00 and set an “equal weight” rating on the stock in a research note on Thursday, August 6th. Weiss Ratings upgraded New York Times from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. UBS Group set a $82.00 target price on New York Times in a report on Tuesday, September 15th. Finally, Zacks Research lowered New York Times from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, New York Times has a consensus rating of “Moderate Buy” and a consensus target price of $82.70.

Trending Headlines about New York Times

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

• Positive Sentiment: U.S. economic growth was supported by consumer spending and artificial-intelligence investment, a constructive backdrop for advertising demand and consumer subscriptions. Consumers and A.I. Spending Push U.S. Economic Growth Higher
• Positive Sentiment: The Times continues to publish a broad mix of high-interest coverage, including entertainment, technology, science, politics, sports and international news. This breadth can support reader engagement, subscription retention and digital advertising monetization. Recent examples include coverage of Keira Knightley’s “Black Doves” and the global artificial-intelligence boom. Keira Knightley Knows What Spying Feels Like How One Country Became the Unlikely Crossroads of the Global A.I. Boom
• Neutral Sentiment: Coverage of falling technology stocks highlights ongoing volatility in AI-related equities. While NYT is not directly exposed like a technology hardware company, weaker tech markets could influence advertising budgets and investor risk appetite. Tech Stocks Tumble, but Broader Market Is Holding On
• Neutral Sentiment: Several political, international and public-safety stories—including election investigations, geopolitical tensions and the Haiti election delay—reinforce the value of NYT’s news franchise but have no immediate, measurable effect on revenue. Amid Unrelenting Violence, Haiti Puts Off Its Long-Awaited Elections

New York Times Stock Up 1.1%

Shares of New York Times stock opened at $70.20 on Friday. The New York Times Company has a 12-month low of $56.48 and a 12-month high of $87.10. The stock has a market cap of $11.32 billion, a P/E ratio of 24.97, a P/E/G ratio of 1.80 and a beta of 0.93. The business’s 50 day moving average is $67.30 and its 200-day moving average is $73.34.

New York Times (NYSE:NYT) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.67 by $0.02. The company had revenue of $762.46 million during the quarter, compared to the consensus estimate of $752.01 million. New York Times had a return on equity of 22.64% and a net margin of 13.19%. The firm’s revenue for the quarter was up 11.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.58 EPS. On average, sell-side analysts expect that The New York Times Company will post 2.83 EPS for the current year.

New York Times Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Wednesday, October 7th were paid a $0.23 dividend. The ex-dividend date was Wednesday, October 7th. This represents a $0.92 dividend on an annualized basis and a yield of 1.3%. New York Times’s dividend payout ratio (DPR) is currently 38.33%.

About New York Times

The New York Times Company (NYSE: NYT) is a media and technology company best known for publishing The New York Times, a daily newspaper founded in 1851 by Henry Jarvis Raymond and George Jones. The company produces journalism across national and international news, business, politics, culture, science, sports and other topics through print and digital platforms.

In addition to its core news operation, the company offers a range of subscription products and digital services, including NYT Cooking, Games, Audio and The Athletic, a subscription-based sports media platform.