Wedge Capital Management L L P NC Has $29 Million Position in The New York Times Company $NYT

Wedge Capital Management L L P NC cut its holdings in The New York Times Company (NYSE:NYT) by 24.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 505,246 shares of the company’s stock after selling 161,564 shares during the quarter. Wedge Capital Management L L P NC owned about 0.31% of New York Times worth $29,001,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. AQR Capital Management LLC boosted its holdings in shares of New York Times by 78.1% in the second quarter. AQR Capital Management LLC now owns 4,187,888 shares of the company’s stock valued at $233,265,000 after buying an additional 1,836,788 shares during the period. Geode Capital Management LLC lifted its position in New York Times by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 3,826,905 shares of the company’s stock valued at $214,257,000 after acquiring an additional 46,249 shares in the last quarter. Alliancebernstein L.P. lifted its position in New York Times by 37.4% in the 1st quarter. Alliancebernstein L.P. now owns 2,622,794 shares of the company’s stock valued at $130,091,000 after acquiring an additional 714,317 shares in the last quarter. Burgundy Asset Management Ltd. boosted its stake in New York Times by 1.9% in the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,368,819 shares of the company’s stock worth $132,606,000 after purchasing an additional 43,595 shares during the period. Finally, Acadian Asset Management LLC increased its holdings in New York Times by 26.5% during the 2nd quarter. Acadian Asset Management LLC now owns 2,232,830 shares of the company’s stock worth $124,973,000 after purchasing an additional 467,492 shares in the last quarter. 95.37% of the stock is currently owned by institutional investors and hedge funds.

New York Times Stock Performance

Shares of NYSE NYT opened at $70.80 on Friday. The stock has a 50 day moving average price of $61.99 and a 200 day moving average price of $58.47. The stock has a market capitalization of $11.49 billion, a PE ratio of 34.54, a price-to-earnings-growth ratio of 1.76 and a beta of 1.16. The New York Times Company has a 52 week low of $44.83 and a 52 week high of $71.07.

New York Times (NYSE:NYT) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.05. The company had revenue of $700.82 million for the quarter, compared to analysts’ expectations of $692.01 million. New York Times had a return on equity of 20.30% and a net margin of 12.29%.The business’s revenue was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.45 EPS. As a group, research analysts forecast that The New York Times Company will post 2.08 EPS for the current year.

New York Times Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 16th. Shareholders of record on Tuesday, January 6th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Tuesday, January 6th. New York Times’s dividend payout ratio is 35.12%.

More New York Times News

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

• Positive Sentiment: The board declared a regular quarterly dividend of $0.18 per share, payable Jan. 16, 2026; dividends can attract income-focused investors and signal confidence in cash flow. The New York Times Company Declares Regular Quarterly Dividend
• Positive Sentiment: Analysts maintain a constructive view — NYT received an average “Moderate Buy” rating, which can support demand for the stock. Analyst Rating: Moderate Buy
• Positive Sentiment: Major investigative and high-profile political coverage (notably the Justice Department’s planned release of Epstein files and coverage of President Trump’s second term) tends to drive traffic, subscriptions and engagement — core growth levers for NYT’s recurring-revenue model. Live Updates: Justice Department Is Set to Release Trove of Epstein Files Shouting, Ranting, Insulting: Trump’s Uninhibited Second Term
• Positive Sentiment: Third-party bullish coverage highlights NYT as a growth stock, reinforcing investor interest in the company’s subscription-led thesis. Zacks: Here’s Why NYT Is a Strong Growth Stock
• Neutral Sentiment: Ongoing global and domestic news flow (e.g., Gaza food-access reporting, Ukraine funding, climate/science and cultural features) will sustain traffic but tends to have mixed, hard-to-quantify short-term effects on ad revenue vs. subscriptions. Global Experts Say Most Palestinians in Gaza Face Major Difficulties Accessing Food
• Negative Sentiment: Macro uncertainty highlighted in NYT coverage of the global economy could weigh on advertising demand — a partial headwind for NYT’s ad-based revenue even as subscription revenue holds up. ‘A Singularly Turbulent Time’: Deeper Uncertainty in Store for Global Economy

Analysts Set New Price Targets

A number of brokerages have recently commented on NYT. Evercore ISI restated an “outperform” rating on shares of New York Times in a report on Thursday, November 6th. Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a research note on Wednesday, October 8th. UBS Group set a $62.00 price target on New York Times in a research report on Thursday, November 6th. Citigroup raised their price target on shares of New York Times from $64.00 to $72.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Barclays boosted their price objective on shares of New York Times from $52.00 to $55.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $64.43.

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.