Warren Buffett's Berkshire Hathaway increased its stake in The New York Times Company for the second consecutive quarter, growing its share count by more than 3.5% in the second quarter of 2026. According to the latest 13F filing, Berkshire held 15.7 million shares as of June 29, 2026, worth about $1.1 billion, up 553,465 shares from the prior quarter, a 3.65% increase. This position now equals 9.78% of the company's outstanding shares, though it represents just 0.32% of Berkshire's overall portfolio. The buying spree follows strong quarterly results for the publisher, including a 16.4% rise in digital subscription revenue to $408 million and a 20.7% jump in digital advertising revenue to $114 million. Management projects digital subscription revenue growth of 12% to 15% for the full year, with analysts forecasting revenue to expand from $2.82 billion in 2025 to $3.52 billion in 2028.
New York Times CompanyBerkshire's stake increase follows strong digital subscription and ad revenue growth.
Berkshire Hathaway Inc