Mirae Asset Global Investments Co. Ltd. Acquires New Holdings in Thomson Reuters Corp $TRI

Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Thomson Reuters Corp (NASDAQ:TRI) in the third quarter, HoldingsChannel.com reports. The firm purchased 172,705 shares of the company’s stock, valued at approximately $16,809,000.

Several other large investors also recently modified their holdings of TRI. PNC Financial Services Group Inc. grew its holdings in Thomson Reuters by 1.3% during the first quarter. PNC Financial Services Group Inc. now owns 9,834 shares of the company’s stock worth $885,000 after buying an additional 130 shares in the last quarter. Kestra Advisory Services LLC grew its position in shares of Thomson Reuters by 1.4% during the 1st quarter. Kestra Advisory Services LLC now owns 9,682 shares of the company’s stock valued at $871,000 after acquiring an additional 134 shares during the period. SBI Securities Co. Ltd. grew its holdings in Thomson Reuters by 21.0% during the third quarter. SBI Securities Co. Ltd. now owns 951 shares of the company’s stock valued at $93,000 after purchasing an additional 165 shares during the period. Griffin Asset Management Inc. increased its holdings in Thomson Reuters by 1.4% in the 1st quarter. Griffin Asset Management Inc. now owns 12,646 shares of the company’s stock worth $1,138,000 after acquiring an additional 175 shares during the last quarter. Finally, Hillsdale Investment Management Inc. increased its stake in shares of Thomson Reuters by 25.3% in the first quarter. Hillsdale Investment Management Inc. now owns 907 shares of the company’s stock worth $82,000 after purchasing an additional 183 shares in the last quarter. Institutional investors and hedge funds own 17.31% of the company’s stock.

Thomson Reuters News Roundup

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

• Positive Sentiment: Revenue rose 10% in the quarter, with organic growth also at 10% across the company and its “Big 3” segments. Management cited encouraging customer engagement with the next generation of CoCounsel Legal and the launch of CoCounsel Tax, Audit & Accounting. Third-quarter results
• Positive Sentiment: The company declared a quarterly dividend of $0.655 per share, equivalent to $2.62 annualized and a yield of about 2.4%.
• Neutral Sentiment: Thomson Reuters completed the sale of a 51% stake in its Global Print business for approximately $500 million and updated its 2026 outlook to exclude that business. It forecast about 9.5% total revenue growth, 8.5%–9.0% organic growth and a roughly 39% adjusted EBITDA margin; guidance for its “Big 3” segments was unchanged. Third-quarter results
• Negative Sentiment: Reports said revenue and earnings fell short of Wall Street estimates. Adjusted EPS was $0.81, below the cited $0.82 consensus and down from $0.85 a year earlier. Profit was also weighed on by higher software amortization and the absence of a prior-year gain from an asset sale, reinforcing concerns despite revenue growth. Why Thomson Reuters stock fell

Analysts Set New Price Targets

Several analysts have recently weighed in on TRI shares. Morgan Stanley set a $110.00 price objective on shares of Thomson Reuters and gave the company an “equal weight” rating in a research report on Tuesday, October 13th. Royal Bank Of Canada upped their target price on Thomson Reuters from $124.00 to $130.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 28th. TD Securities reiterated a “buy” rating on shares of Thomson Reuters in a research report on Thursday, August 6th. Canaccord Genuity Group reduced their price target on shares of Thomson Reuters from $132.50 to $129.50 and set a “buy” rating on the stock in a research report on Thursday, October 22nd. Finally, Scotia decreased their price target on shares of Thomson Reuters from $138.00 to $135.00 and set a “sector outperform” rating on the stock in a research note on Thursday, August 6th. Twelve research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $127.99.

Thomson Reuters Price Performance

Shares of TRI stock opened at $110.18 on Wednesday. The firm has a market cap of $47.75 billion, a P/E ratio of 29.31, a P/E/G ratio of 2.35 and a beta of 0.69. Thomson Reuters Corp has a fifty-two week low of $76.28 and a fifty-two week high of $157.63. The business’s 50 day moving average price is $105.18 and its 200-day moving average price is $97.23. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.51 and a current ratio of 0.51.

Thomson Reuters (NASDAQ:TRI) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.81 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.08). Thomson Reuters had a return on equity of 15.82% and a net margin of 21.22%. The company had revenue of $1.80 billion during the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter last year, the company posted $0.85 earnings per share. The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. On average, equities research analysts anticipate that Thomson Reuters Corp will post 4.46 earnings per share for the current year.

Thomson Reuters Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be paid a $0.6550 dividend. The ex-dividend date is Wednesday, November 18th. This represents a $2.62 annualized dividend and a dividend yield of 2.4%. Thomson Reuters’s dividend payout ratio is presently 69.68%.

Thomson Reuters Company Profile

Thomson Reuters is a global provider of information, software and technology solutions for professionals and institutions. The company serves customers in the legal, tax, accounting, audit, corporate, government, risk and compliance sectors, as well as the media industry. Its offerings combine authoritative content with workflow tools, data analytics and artificial intelligence.

Key products and services include Westlaw and Practical Law for legal research and practice management; Checkpoint and ONESOURCE for tax and accounting professionals; Confirmation for audit-related workflows; and CoCounsel, an AI-assisted legal technology platform.