New York Times (NYSE:NYT) Rating Lowered to Hold at Wall Street Zen

New York Times (NYSE:NYT) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other equities analysts have also issued reports on NYT. Evercore restated an “outperform” rating on shares of New York Times in a research note on Thursday, February 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of New York Times in a research report on Thursday, January 22nd. JPMorgan Chase & Co. boosted their price objective on New York Times from $71.00 to $74.00 and gave the company an “overweight” rating in a research report on Thursday, February 5th. Morgan Stanley set a $68.00 target price on New York Times in a research note on Thursday, December 18th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, New York Times has a consensus rating of “Moderate Buy” and an average price target of $68.43.

New York Times Price Performance

Shares of New York Times stock opened at $80.39 on Friday. The company has a market cap of $13.05 billion, a PE ratio of 38.46, a price-to-earnings-growth ratio of 2.49 and a beta of 1.09. The firm has a fifty day moving average price of $73.08 and a two-hundred day moving average price of $65.16. New York Times has a fifty-two week low of $44.83 and a fifty-two week high of $82.74.

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

Insider Transactions at New York Times

In other news, EVP William Bardeen sold 13,000 shares of the stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $79.56, for a total transaction of $1,034,280.00. Following the sale, the executive vice president directly owned 18,681 shares of the company’s stock, valued at $1,486,260.36. This represents a 41.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO R Anthony Benten sold 1,913 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $73.57, for a total transaction of $140,739.41. Following the completion of the sale, the chief accounting officer directly owned 37,772 shares of the company’s stock, valued at approximately $2,778,886.04. This represents a 4.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 27,913 shares of company stock worth $2,214,369. Corporate insiders own 1.90% of the company’s stock.

Institutional Investors Weigh In On New York Times

Several hedge funds and other institutional investors have recently made changes to their positions in NYT. Quantbot Technologies LP raised its stake in shares of New York Times by 233.4% during the third quarter. Quantbot Technologies LP now owns 63,083 shares of the company’s stock worth $3,621,000 after buying an additional 44,161 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of New York Times by 28.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 142,642 shares of the company’s stock valued at $8,188,000 after acquiring an additional 31,507 shares during the last quarter. Jump Financial LLC lifted its stake in shares of New York Times by 362.7% in the 2nd quarter. Jump Financial LLC now owns 153,506 shares of the company’s stock valued at $8,593,000 after purchasing an additional 120,327 shares during the period. Intech Investment Management LLC boosted its position in shares of New York Times by 143.6% in the 3rd quarter. Intech Investment Management LLC now owns 232,445 shares of the company’s stock worth $13,342,000 after purchasing an additional 137,037 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of New York Times by 35.0% during the third quarter. Harel Insurance Investments & Financial Services Ltd. now owns 94,722 shares of the company’s stock worth $5,428,000 after purchasing an additional 24,574 shares during the period. 95.37% of the stock is owned by institutional investors and hedge funds.

New York Times News Summary

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

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.