Illinois Municipal Retirement Fund Boosts Stock Position in The New York Times Company $NYT

Illinois Municipal Retirement Fund grew its holdings in shares of The New York Times Company (NYSE:NYT) by 38.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 125,221 shares of the company’s stock after acquiring an additional 34,992 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in New York Times were worth $7,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in NYT. Employees Retirement System of Texas purchased a new position in shares of New York Times in the 2nd quarter worth about $28,000. Hantz Financial Services Inc. raised its position in New York Times by 4,591.7% in the second quarter. Hantz Financial Services Inc. now owns 563 shares of the company’s stock worth $32,000 after acquiring an additional 551 shares during the period. True Wealth Design LLC boosted its stake in New York Times by 519.6% in the second quarter. True Wealth Design LLC now owns 570 shares of the company’s stock valued at $32,000 after acquiring an additional 478 shares during the last quarter. Nomura Asset Management Co. Ltd. boosted its stake in New York Times by 86.8% in the second quarter. Nomura Asset Management Co. Ltd. now owns 710 shares of the company’s stock valued at $40,000 after acquiring an additional 330 shares during the last quarter. Finally, Whittier Trust Co. bought a new position in shares of New York Times during the 3rd quarter valued at approximately $42,000. 95.37% of the stock is currently owned by institutional investors.

New York Times Stock Performance

Shares of NYSE NYT opened at $73.00 on Friday. The stock has a market cap of $11.85 billion, a PE ratio of 34.93, a price-to-earnings-growth ratio of 2.23 and a beta of 1.11. The New York Times Company has a fifty-two week low of $44.83 and a fifty-two week high of $74.04. The stock has a fifty day moving average of $70.37 and a 200-day moving average of $62.86.

New York Times (NYSE:NYT) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.01. The business had revenue of $802.31 million for the quarter, compared to analysts’ expectations of $791.55 million. New York Times had a return on equity of 21.02% and a net margin of 12.18%.The firm’s quarterly revenue was up 10.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 EPS. On average, sell-side analysts predict that The New York Times Company will post 2.08 EPS for the current year.

New York Times Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 16th. Stockholders of record on Wednesday, April 1st will be given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.3%. This is an increase from New York Times’s previous quarterly dividend of $0.18. The ex-dividend date is Wednesday, April 1st. New York Times’s dividend payout ratio (DPR) is 34.45%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on NYT shares. UBS Group set a $62.00 price target on shares of New York Times in a report on Thursday, November 6th. Guggenheim set a $63.00 target price on New York Times and gave the company a “neutral” rating in a research note on Wednesday, February 4th. Evercore upped their price target on New York Times from $69.00 to $75.00 and gave the company an “outperform” rating in a research report on Thursday, February 5th. Morgan Stanley set a $68.00 price objective on New York Times in a report on Thursday, December 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of New York Times in a research note on Thursday, January 22nd. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $68.43.

Trending Headlines about New York Times

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

• Positive Sentiment: Big investigative scoop: NYT published that Goldman’s top lawyer resigned amid revelations about ties to Jeffrey Epstein — a high-profile investigative story that typically drives spikes in paid readership and engagement. Goldman’s Top Lawyer Departs Amid Revelations About Her Ties to Epstein
• Positive Sentiment: Follow-on Epstein coverage and industry fallout — including reporting on agency departures and organizers tied to Epstein — extends the news cycle, increasing page views and potential subscriber conversions. L.A. 2028 Olympic Organizers Stand By Chairman Linked to Epstein
• Positive Sentiment: Another related personnel/exposure story (sports agency fallout) adds to sustained coverage that can monetize across newsletters, podcasts and video. Abby Wambach leaves Wasserman Agency over founder’s ties to Jeffrey Epstein
• Positive Sentiment: Macro tailwind: NYT reported that U.S. inflation eased at the start of the year, a development investors view as supportive for ad spending and consumer-facing revenues. That can help NYT’s ad revenue recovery alongside subscription growth. U.S. Inflation Eased at Start of the Year
• Neutral Sentiment: Live Olympic and sports coverage (men’s figure skating updates, other Olympic stories) is generating traffic but is more episodic; valuable for engagement though less predictive of sustained subscription growth. Men’s figure skating live updates: Ilia Malinin enters free skate final with lead at 2026 Winter Olympics
• Neutral Sentiment: Tech coverage on industry revenue challenges (OpenAI) and other national political pieces appear in today’s feed; they help overall audience breadth but have an indirect impact on NYT’s near-term revenue. OpenAI’s Biggest Challenge Is Turning Its A.I. Into a Cash Machine

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.