Landscape Capital Management L.L.C. Sells 90,048 Shares of The New York Times Company $NYT

Landscape Capital Management L.L.C. trimmed its position in The New York Times Company (NYSE:NYT) by 68.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 41,064 shares of the company’s stock after selling 90,048 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in New York Times were worth $2,851,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of NYT. Navalign LLC bought a new stake in shares of New York Times in the 4th quarter valued at about $25,000. Cornerstone Planning Group LLC raised its holdings in shares of New York Times by 74.2% in the 4th quarter. Cornerstone Planning Group LLC now owns 446 shares of the company’s stock valued at $32,000 after purchasing an additional 190 shares during the period. International Assets Investment Management LLC bought a new position in shares of New York Times in the fourth quarter valued at about $32,000. SOA Wealth Advisors LLC. acquired a new stake in shares of New York Times during the 4th quarter worth about $34,000. Finally, Larson Financial Group LLC lifted its stake in shares of New York Times by 59.6% during the 3rd quarter. Larson Financial Group LLC now owns 656 shares of the company’s stock worth $38,000 after buying an additional 245 shares during the last quarter. 95.37% of the stock is owned by institutional investors.

New York Times Stock Down 0.2%

NYT stock opened at $73.23 on Monday. The New York Times Company has a 12 month low of $51.03 and a 12 month high of $87.10. The firm has a market cap of $11.85 billion, a P/E ratio of 31.43, a P/E/G ratio of 1.52 and a beta of 0.95. The company’s 50-day moving average price is $78.14 and its two-hundred day moving average price is $74.95.

New York Times (NYSE:NYT) last released its earnings results on Wednesday, May 6th. The company reported $0.61 EPS for the quarter, beating the consensus estimate of $0.49 by $0.12. The firm had revenue of $712.24 million for the quarter, compared to analyst estimates of $699.93 million. New York Times had a net margin of 13.18% and a return on equity of 22.02%. The business’s quarterly revenue was up 12.0% compared to the same quarter last year. During the same period last year, the firm earned $0.41 EPS. Equities analysts predict that The New York Times Company will post 2.93 EPS for the current year.

New York Times Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, July 23rd. Investors of record on Wednesday, July 8th will be given a dividend of $0.23 per share. The ex-dividend date is Wednesday, July 8th. This represents a $0.92 annualized dividend and a dividend yield of 1.3%. New York Times’s dividend payout ratio (DPR) is currently 39.48%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on NYT shares. Morgan Stanley set a $90.00 target price on shares of New York Times in a report on Thursday, May 7th. Barclays lifted their target price on shares of New York Times from $60.00 to $66.00 and gave the stock an “equal weight” rating in a report on Thursday, May 7th. Wall Street Zen raised shares of New York Times from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. Citigroup lifted their target price on shares of New York Times from $77.00 to $94.00 and gave the stock a “buy” rating in a report on Tuesday, March 24th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of New York Times in a report on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $81.67.

Key New York Times News

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

• Positive Sentiment: The New York Times Company declared a regular quarterly dividend of $0.23 per share, reinforcing its cash-generation profile and commitment to returning capital to shareholders. The New York Times Company Declares Regular Quarterly Dividend
• Neutral Sentiment: The company’s recent published coverage remains broad and high-volume, including politics, global affairs, business, sports, and culture, which supports ongoing audience engagement but does not by itself signal a major financial catalyst. Examples include World Cup coverage, geopolitical reporting, and U.S. politics articles.
• Neutral Sentiment: Recent earnings history remains constructive: NYT previously beat analyst expectations on both earnings and revenue, suggesting the core subscription and advertising business is still performing well.
• Negative Sentiment: Despite the dividend announcement, the stock has been under pressure relative to its recent trading range, which may reflect broader market rotation or profit-taking after a strong run rather than any new company-specific setback.

Insider Buying and Selling

In related news, EVP William Bardeen sold 4,121 shares of the stock in a transaction that occurred on Tuesday, May 12th. The shares were sold at an average price of $77.85, for a total transaction of $320,819.85. Following the sale, the executive vice president owned 14,560 shares in the company, valued at approximately $1,133,496. This trade represents a 22.06% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director David S. Perpich sold 9,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $77.06, for a total transaction of $693,540.00. Following the sale, the director owned 28,469 shares in the company, valued at $2,193,821.14. This represents a 24.02% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 17,121 shares of company stock worth $1,310,920. Corporate insiders own 1.90% of the company’s stock.

New York Times 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.