8,307 Shares in Thomson Reuters Corp $TRI Purchased by Lazard Asset Management LLC

Lazard Asset Management LLC acquired a new stake in shares of Thomson Reuters Corp (NASDAQ:TRI) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 8,307 shares of the company’s stock, valued at approximately $750,000.

Several other large investors also recently bought and sold shares of TRI. Empowered Funds LLC purchased a new position in Thomson Reuters in the 4th quarter worth approximately $30,000. Timmons Wealth Management LLC purchased a new stake in shares of Thomson Reuters in the fourth quarter valued at approximately $42,000. Montag A & Associates Inc. purchased a new stake in shares of Thomson Reuters in the fourth quarter valued at approximately $43,000. J.Safra Asset Management Corp acquired a new stake in shares of Thomson Reuters in the fourth quarter valued at approximately $56,000. Finally, Fifth Third Bancorp increased its holdings in shares of Thomson Reuters by 135.8% in the first quarter. Fifth Third Bancorp now owns 823 shares of the company’s stock valued at $74,000 after purchasing an additional 474 shares during the last quarter. Hedge funds and other institutional investors own 17.31% of the company’s stock.

Thomson Reuters Stock Down 9.7%

Shares of NASDAQ:TRI opened at $98.61 on Thursday. The business has a 50-day moving average price of $88.60 and a 200 day moving average price of $93.46. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $42.96 billion, a price-to-earnings ratio of 28.69, a PEG ratio of 1.62 and a beta of 0.75. Thomson Reuters Corp has a 12-month low of $76.28 and a 12-month high of $203.43.

Thomson Reuters (NASDAQ:TRI) last posted its earnings results on Wednesday, August 5th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.96 by $0.03. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. Thomson Reuters had a net margin of 19.93% and a return on equity of 14.99%. Thomson Reuters’s revenue for the quarter was up 9.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.87 earnings per share. Sell-side analysts expect that Thomson Reuters Corp will post 4.44 EPS for the current year.

Thomson Reuters Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a $0.655 dividend. This represents a $2.62 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Thomson Reuters’s dividend payout ratio is currently 76.16%.

More Thomson Reuters News

Here are the key news stories impacting Thomson Reuters this week:

• Positive Sentiment: Second-quarter adjusted earnings were $0.99 per share, above the $0.96 analyst consensus and up from $0.87 a year earlier. Revenue increased 9.5% year over year, while total company organic revenue grew 8%. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 outlook, targeting approximately 8% total-company revenue growth and 9.5%–10% organic growth for its core “Big 3” businesses: Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. Thomson Reuters Reports Higher Second-Quarter Revenue and Raises Full-Year Forecast
• Positive Sentiment: Thomson Reuters agreed to sell a 51% stake in its Global Print business to KKR for approximately $500 million in gross proceeds. The company also completed a $600 million share-repurchase program and a $605 million return-of-capital transaction, reducing its share count by about 6.5 million shares.
• Positive Sentiment: The company declared a quarterly dividend of $0.655 per share, payable September 10 to shareholders of record August 19. The dividend implies an annualized yield of approximately 2.7%; the ex-dividend date is August 19.
• Neutral Sentiment: Management emphasized that its second-half priority is expanding “Fiduciary-Grade AI” solutions. While AI is a long-term growth opportunity, investors may want evidence that the rollout will accelerate revenue and earnings without materially increasing costs.
• Negative Sentiment: The stock’s decline following the earnings beat indicates that expectations were elevated. Investors appear to be weighing the raised guidance and strong core-business growth against execution risks, AI-related investment requirements, and the possibility that much of the positive news was already reflected in the valuation.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Argus initiated coverage on Thomson Reuters in a research note on Wednesday, April 22nd. They set a “hold” rating on the stock. Barclays reaffirmed an “overweight” rating and issued a $130.00 target price (down from $170.00) on shares of Thomson Reuters in a research note on Friday, May 8th. Scotiabank set a $138.00 price target on Thomson Reuters and gave the stock a “sector outperform” rating in a report on Wednesday, May 6th. TD Securities reissued a “buy” rating on shares of Thomson Reuters in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered shares of Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a report on Tuesday, June 23rd. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $143.92.

Thomson Reuters Profile

Thomson Reuters is a global provider of information and technology solutions for professional markets, including financial services, legal, tax and accounting, and media industries. The company delivers a range of data, analytics and software tools designed to help customers make informed decisions, manage risk and stay compliant with evolving regulations. Its key offerings include the Eikon financial data platform, Westlaw legal research service, Checkpoint tax and accounting solution, and Reuters News, which supplies real?time journalism to media organizations worldwide.

Formed in 2008 through the merger of Canada’s Thomson Corporation (founded in 1934) and the UK’s Reuters Group (established in 1851), Thomson Reuters has built on a legacy of journalistic integrity and information innovation.