Bull Harbor Capital LLC Invests $1.37 Million in The New York Times Company $NYT

Bull Harbor Capital LLC bought a new stake in The New York Times Company (NYSE:NYT) in the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 16,369 shares of the company’s stock, valued at approximately $1,371,000.

A number of other large investors also recently made changes to their positions in NYT. Berkshire Hathaway Inc purchased a new position in New York Times during the fourth quarter worth about $351,664,000. Bank of Montreal Can increased its stake in New York Times by 10,018.3% in the 4th quarter. Bank of Montreal Can now owns 2,316,172 shares of the company’s stock valued at $160,789,000 after buying an additional 2,293,281 shares during the last quarter. AQR Capital Management LLC increased its stake in New York Times by 78.1% in the 2nd 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 last quarter. Egerton Capital UK LLP bought a new position in shares of New York Times during the 4th quarter worth approximately $97,882,000. Finally, Two Sigma Investments LP lifted its position in shares of New York Times by 98.5% during the 3rd quarter. Two Sigma Investments LP now owns 2,055,628 shares of the company’s stock worth $117,993,000 after buying an additional 1,020,031 shares in the last quarter. 95.37% of the stock is owned by institutional investors.

New York Times News Summary

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

• Positive Sentiment: Strong financial backdrop: New York Times recently exceeded quarterly earnings and revenue expectations, with revenue rising 12% year over year. That performance supports confidence in the company’s digital-subscription strategy and helps explain continued strength in the stock.
• Positive Sentiment: Broad, high-profile coverage may support engagement: NYT published extensive coverage of artificial intelligence, the Federal Reserve, tariffs, geopolitical conflicts, natural disasters and entertainment. Sustained breadth across news and culture can help attract subscribers and maintain advertising and subscription engagement. Federal Reserve article
• Neutral Sentiment: Macro coverage remains important but not directly financial: Articles on interest-rate policy, AI infrastructure demand, tariffs, Medicare subsidies and international conflicts could influence the economic environment for advertisers and consumers, but they do not represent new NYT financial guidance. AI infrastructure article
• Negative Sentiment: $15 billion Trump lawsuit remains active: A federal judge declined to dismiss President Trump’s defamation case against The New York Times at this stage, although the complaint must be amended. The procedural ruling preserves legal uncertainty, potential defense costs and reputational risk, even though it does not determine the lawsuit’s merits. Trump lawsuit article

New York Times Stock Up 3.5%

NYSE NYT opened at $77.78 on Thursday. The firm’s 50-day simple moving average is $73.83 and its two-hundred day simple moving average is $76.19. The New York Times Company has a 52 week low of $51.03 and a 52 week high of $87.10. The company has a market cap of $12.59 billion, a PE ratio of 33.38, a price-to-earnings-growth ratio of 1.56 and a beta of 0.96.

New York Times (NYSE:NYT) last posted its earnings results on Wednesday, May 6th. The company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.49 by $0.12. New York Times had a return on equity of 22.02% and a net margin of 13.18%.The firm had revenue of $712.24 million for the quarter, compared to the consensus estimate of $699.93 million. During the same quarter in the prior year, the business posted $0.41 earnings per share. The business’s quarterly revenue was up 12.0% on a year-over-year basis. As a group, equities research analysts anticipate that The New York Times Company will post 2.93 EPS for the current year.

New York Times Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Wednesday, July 8th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, July 8th. This represents a $0.92 dividend on an annualized basis and a yield of 1.2%. New York Times’s dividend payout ratio is 39.48%.

Insiders Place Their Bets

In other news, EVP Jacqueline M. Welch sold 4,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $74.14, for a total value of $296,560.00. Following the completion of the transaction, the executive vice president directly owned 23,873 shares in the company, valued at approximately $1,769,944.22. This trade represents a 14.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director David S. Perpich sold 9,000 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $77.06, for a total transaction of $693,540.00. Following the transaction, the director directly owned 28,469 shares of the company’s stock, valued at approximately $2,193,821.14. This represents a 24.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 17,121 shares of company stock worth $1,310,920 in the last quarter. 1.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on NYT shares. Zacks Research raised New York Times from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. UBS Group set a $80.00 price objective on New York Times in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $95.00 target price on shares of New York Times in a research note on Thursday, May 7th. Guggenheim raised their price objective on shares of New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Finally, Morgan Stanley set a $90.00 price objective on shares of New York Times in a research report on Thursday, May 7th. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, New York Times currently has a consensus rating of “Moderate Buy” and a consensus price target of $83.22.

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.