Thomson Reuters (NASDAQ:TRI – Get Free Report) had its price objective upped by JPMorgan Chase & Co. from $110.00 to $115.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential downside of 2.57% from the stock’s previous close.
A number of other equities research analysts also recently commented on TRI. Jefferies Financial Group began coverage on shares of Thomson Reuters in a research report on Tuesday, October 20th. They issued a “buy” rating and a $130.00 price objective for the company. Scotiabank reiterated a “sector outperform” rating and issued a $135.00 price target on shares of Thomson Reuters in a research report on Thursday, August 6th. Canaccord Genuity Group boosted their target price on shares of Thomson Reuters from $129.50 to $130.50 and gave the company a “buy” rating in a research note on Wednesday. Barclays decreased their price objective on Thomson Reuters from $140.00 to $130.00 and set an “overweight” rating on the stock in a report on Tuesday, September 8th. Finally, Weiss Ratings raised shares of Thomson Reuters from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, October 15th. Twelve research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $128.96.
Check Out Our Latest Report on Thomson Reuters
Thomson Reuters Stock Up 7.1%
NASDAQ:TRI traded up $7.85 during trading hours on Wednesday, hitting $118.03. The company’s stock had a trading volume of 1,162,848 shares, compared to its average volume of 2,146,204. The stock has a market capitalization of $51.15 billion, a P/E ratio of 31.44, a price-to-earnings-growth ratio of 2.35 and a beta of 0.69. Thomson Reuters has a 52-week low of $76.28 and a 52-week high of $149.71. The company has a current ratio of 0.51, a quick ratio of 0.51 and a debt-to-equity ratio of 0.12. The stock has a fifty day moving average of $105.18 and a 200-day moving average of $97.23.
Thomson Reuters (NASDAQ:TRI – Get Free Report) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.81 earnings per share 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 for the quarter, compared to analysts’ expectations of $1.80 billion. During the same quarter in the prior year, the firm posted $0.85 EPS. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. On average, equities analysts forecast that Thomson Reuters will post 4.46 earnings per share for the current year.
Institutional Investors Weigh In On Thomson Reuters
A number of institutional investors have recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in shares of Thomson Reuters in the 3rd quarter worth about $230,000. Ethic Inc. boosted its stake in Thomson Reuters by 79.2% during the 3rd quarter. Ethic Inc. now owns 13,895 shares of the company’s stock valued at $1,352,000 after purchasing an additional 6,140 shares in the last quarter. Westside Investment Management Inc. raised its position in Thomson Reuters by 80.7% in the third quarter. Westside Investment Management Inc. now owns 600 shares of the company’s stock worth $59,000 after acquiring an additional 268 shares in the last quarter. Rakuten Investment Management Inc. bought a new stake in Thomson Reuters during the third quarter worth approximately $3,146,000. Finally, Landaas & Co. WI ADV acquired a new stake in shares of Thomson Reuters during the third quarter worth $236,000. Institutional investors and hedge funds own 17.31% of the company’s stock.
Thomson Reuters News Summary
Here are the key news stories impacting Thomson Reuters this week:
- Positive Sentiment: Third-quarter organic revenue increased 10%, including 10% growth across the Legal Professionals, Corporates, and Tax, Audit & Accounting segments. The company also cited encouraging customer engagement with newer CoCounsel products. Thomson Reuters Reports Third-Quarter 2026 Results
- Positive Sentiment: Generative AI products reached 34% of annualized contract value, a sign of growing uptake that could support longer-term growth. Thomson Reuters: 3 Key Takeaways for Long-Term Investors
- Neutral Sentiment: Thomson Reuters updated its 2026 company outlook to exclude the Global Print business, which it sold a 51% stake in for about $500 million. It now expects roughly 9.5% total revenue growth, 8.5%–9.0% organic revenue growth, and an adjusted EBITDA margin of about 39%; guidance for its “Big 3” segments was unchanged. Thomson Reuters Reports Third-Quarter 2026 Results
- Neutral Sentiment: The company declared a quarterly dividend of $0.655 per share, payable December 10 to shareholders of record November 18. Quarterly Dividend Announcement
- Negative Sentiment: Adjusted earnings were $0.81 per share, below the $0.89 analyst consensus. Although revenue was about $1.8 billion and organic growth was strong, reports said revenue also disappointed expectations. Higher software amortization and margin pressure weighed on profitability, while weak cash flow added to investor concerns. TRI Q3 Earnings & Revenues Miss Estimates
About Thomson Reuters
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.
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