Canaccord Genuity Group Cuts Thomson Reuters (NASDAQ:TRI) Price Target to $132.50

Thomson Reuters (NASDAQ:TRI) had its price target decreased by Canaccord Genuity Group from $134.00 to $132.50 in a research report issued on Thursday,BayStreet.CA reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 33.17% from the stock’s current price.

Several other research firms also recently commented on TRI. Bank of America decreased their price objective on Thomson Reuters from $115.00 to $98.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. Scotiabank reiterated a “sector outperform” rating and issued a $135.00 target price on shares of Thomson Reuters in a report on Thursday. UBS Group set a $185.74 price target on shares of Thomson Reuters and gave the company a “buy” rating in a research report on Thursday, April 23rd. Argus began coverage on shares of Thomson Reuters in a report on Wednesday, April 22nd. They set a “hold” rating on the stock. Finally, Scotia dropped their price objective 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. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $142.83.

Thomson Reuters Stock Up 0.9%

TRI traded up $0.89 during midday trading on Thursday, hitting $99.50. The company had a trading volume of 1,412,187 shares, compared to its average volume of 2,366,079. Thomson Reuters has a 52 week low of $76.28 and a 52 week high of $182.98. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $43.34 billion, a price-to-earnings ratio of 28.93, a PEG ratio of 1.62 and a beta of 0.75. The stock’s 50 day moving average price is $88.60 and its 200 day moving average price is $93.46.

Thomson Reuters (NASDAQ:TRI) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03. Thomson Reuters had a net margin of 19.93% and a return on equity of 14.99%. The company had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.89 billion. During the same quarter in the prior year, the firm earned $0.87 EPS. The business’s revenue was up 9.5% on a year-over-year basis. On average, research analysts anticipate that Thomson Reuters will post 4.44 earnings per share for the current fiscal year.

Institutional Trading of Thomson Reuters

Several institutional investors and hedge funds have recently made changes to their positions in TRI. Empowered Funds LLC bought a new position in shares of Thomson Reuters during the fourth quarter valued at about $30,000. Timmons Wealth Management LLC purchased a new stake in Thomson Reuters in the 4th quarter valued at about $42,000. Montag A & Associates Inc. purchased a new stake in Thomson Reuters in the 4th quarter valued at about $43,000. Western Wealth Management LLC bought a new position in shares of Thomson Reuters during the 1st quarter worth approximately $48,000. Finally, J.Safra Asset Management Corp bought a new position in shares of Thomson Reuters during the 4th quarter worth approximately $56,000. Hedge funds and other institutional investors own 17.31% of the company’s stock.

Trending Headlines about Thomson Reuters

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

• Positive Sentiment: Thomson Reuters reported second-quarter adjusted earnings of $0.99 per share, above the $0.96 consensus estimate and up from $0.87 a year earlier. Revenue rose 9.5% to $1.93 billion, topping expectations of $1.89 billion. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: The company raised its 2026 revenue-growth outlook to approximately 8% for total revenue and 9.5%–10% for its “Big 3” segments: Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. Those segments delivered 10% organic growth in the quarter. Thomson Reuters Reports Higher Second-Quarter Revenue and Raises Full-Year Forecast
• Positive Sentiment: Management highlighted the rollout of “Fiduciary-Grade AI” solutions as a key second-half priority, suggesting AI adoption could support longer-term growth, customer retention and productivity. Thomson Reuters Raises Full-Year Revenue Outlook With Focus on AI Rollout
• Positive Sentiment: Thomson Reuters declared a quarterly dividend of $0.655 per share, equivalent to an indicated 2.7% yield, reinforcing the stock’s appeal to income-oriented investors. Thomson Reuters Dividend Announcement
• Neutral Sentiment: The company agreed to sell a 51% stake in its Global Print business to KKR, expecting approximately $500 million in gross proceeds. The transaction may sharpen focus on higher-growth digital operations, although it also reduces ownership of the print business. Thomson Reuters Reports Second-Quarter 2026 Results
• Negative Sentiment: Despite the earnings beat, commentary noting the shares had recently sold off suggests investors remain sensitive to valuation and the execution risk associated with the AI investment cycle. A bullish analyst view argues the dividend-focused stock is attractive after that pullback, but valuation concerns could limit further gains. Thomson Reuters Buy This Dividend Aristocrat While It Is on Sale

About Thomson Reuters

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.