Thomson Reuters (NASDAQ:TRI) Given New $124.00 Price Target at Royal Bank Of Canada

Thomson Reuters (NASDAQ:TRI) had its target price upped by research analysts at Royal Bank Of Canada from $121.00 to $124.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective suggests a potential upside of 24.84% from the company’s previous close.

Other equities research analysts have also issued research reports about the company. Argus assumed coverage on Thomson Reuters in a research note on Wednesday, April 22nd. They issued a “hold” rating for the company. Weiss Ratings downgraded shares of Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Tuesday, June 23rd. Wells Fargo & Company set a $85.00 price objective on shares of Thomson Reuters and gave the company an “equal weight” rating in a research report on Tuesday, June 30th. UBS Group set a $185.74 target price on Thomson Reuters and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Bank of America reduced their price target on Thomson Reuters from $115.00 to $98.00 and set a “neutral” rating for the company in a report on Tuesday, May 19th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $143.39.

Thomson Reuters Trading Up 0.7%

Shares of TRI stock traded up $0.72 during trading hours on Thursday, hitting $99.33. 1,344,747 shares of the company were exchanged, compared to its average volume of 2,365,572. The firm has a fifty day moving average of $88.60 and a 200 day moving average of $93.46. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.11. Thomson Reuters has a 1 year low of $76.28 and a 1 year high of $182.98. The firm has a market cap of $43.27 billion, a PE ratio of 28.97, a PEG ratio of 1.62 and a beta of 0.75.

Thomson Reuters (NASDAQ:TRI) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.99 EPS for the quarter, topping the consensus estimate of $0.96 by $0.03. The firm had revenue of $1.93 billion during the quarter, compared to analyst estimates 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 business posted $0.87 earnings per share. Analysts expect that Thomson Reuters will post 4.44 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 TRI. Vanguard Group Inc. raised its stake in Thomson Reuters by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 5,776,640 shares of the company’s stock worth $762,320,000 after acquiring an additional 85,684 shares during the period. TD Asset Management Inc grew its holdings in shares of Thomson Reuters by 0.7% during the fourth quarter. TD Asset Management Inc now owns 4,664,372 shares of the company’s stock valued at $616,342,000 after purchasing an additional 33,418 shares during the last quarter. TLT Family Holdco ULC acquired a new stake in shares of Thomson Reuters during the 2nd quarter worth approximately $865,442,000. SEG Family Corp. acquired a new stake in shares of Thomson Reuters during the 2nd quarter worth approximately $659,930,000. Finally, Morgan Stanley lifted its holdings in shares of Thomson Reuters by 31.2% in the 4th quarter. Morgan Stanley now owns 2,802,312 shares of the company’s stock worth $369,597,000 after purchasing an additional 665,743 shares during the last quarter. Institutional investors own 17.31% of the company’s stock.

Key Headlines Impacting 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

Thomson Reuters Company 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.