Paragon Private Wealth Management LLC bought a new position in The New York Times Company (NYSE:NYT – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,400 shares of the company’s stock, valued at approximately $588,000.
Several other hedge funds also recently modified their holdings of NYT. Nykredit A S acquired a new stake in shares of New York Times in the 2nd quarter valued at $381,000. Keeler Thomas Management LLC increased its position in New York Times by 7.0% during the second quarter. Keeler Thomas Management LLC now owns 17,607 shares of the company’s stock worth $1,232,000 after buying an additional 1,146 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in New York Times during the second quarter worth $449,000. Nwam LLC raised its holdings in New York Times by 16.4% during the second quarter. Nwam LLC now owns 17,667 shares of the company’s stock valued at $1,236,000 after buying an additional 2,495 shares in the last quarter. Finally, Cullinan Associates Inc. raised its holdings in New York Times by 0.7% during the second quarter. Cullinan Associates Inc. now owns 103,367 shares of the company’s stock valued at $7,234,000 after buying an additional 695 shares in the last quarter. Institutional investors and hedge funds own 95.37% of the company’s stock.
Analyst Ratings Changes
Several analysts have recently issued reports on NYT shares. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $95.00 price target on shares of New York Times in a research note on Thursday, May 7th. Guggenheim boosted their target price on New York Times from $63.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Bank of America decreased their target price on New York Times from $87.00 to $80.00 and set a “neutral” rating for the company in a research report on Wednesday, June 24th. Evercore reiterated an “outperform” rating and set a $92.00 price target on shares of New York Times in a report on Thursday, May 7th. Finally, UBS Group set a $75.00 price target on shares of New York Times in a research report on Tuesday, August 18th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $82.33.
New York Times News Summary
Here are the key news stories impacting New York Times this week:
- Negative Sentiment: The Justice Department argued that OpenAI’s use of NYT articles to train large language models is generally protected as fair use, citing the importance of maintaining U.S. leadership in artificial intelligence. The position could reduce the likelihood of a favorable ruling for NYT, limit possible damages and weaken its negotiating position with AI companies. Justice Department Sides With OpenAI in New York Times Copyright Suit US government backs OpenAI in New York Times copyright case
- Negative Sentiment: A broader global bond sell-off and rising interest rates may weigh on NYT’s valuation by increasing discount rates, particularly given the company’s relatively high earnings multiple. Global Bond Sell-Off Puts Investors on Edge
- Neutral Sentiment: NYT continued publishing a broad mix of national politics, international conflict, business, culture, travel and sports coverage, including extensive reporting on the Iran war, U.S. elections and the U.S. Open. This supports the company’s audience breadth and engagement strategy, but the articles contain no new disclosures about revenue, subscribers or earnings. U.S. and Iran Survey the Damage After a Night of Intense Strikes U.S. Open 2026 live updates
New York Times Stock Performance
New York Times stock opened at $67.59 on Thursday. The New York Times Company has a 52 week low of $54.10 and a 52 week high of $87.10. The firm has a market capitalization of $10.90 billion, a PE ratio of 28.16, a PEG ratio of 1.74 and a beta of 0.92. The business’s 50-day simple moving average is $70.46 and its 200-day simple moving average is $75.52.
New York Times (NYSE:NYT – Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.02. The firm 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 company earned $0.58 EPS. Research analysts forecast that The New York Times Company will post 2.84 earnings per share for the current year.
New York Times Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Stockholders of record on Wednesday, July 8th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Wednesday, July 8th. New York Times’s dividend payout ratio is currently 38.33%.
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.
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