Shares of Thomson Reuters Corp (NASDAQ:TRI – Get Free Report) traded down 9.2% on Wednesday . The company traded as low as $99.20 and last traded at $99.1420. 1,763,910 shares were traded during mid-day trading, a decline of 25% from the average daily volume of 2,353,317 shares. The stock had previously closed at $109.15.
Thomson Reuters News Summary
Here are the key news stories impacting Thomson Reuters this week:
- Positive Sentiment: Second-quarter adjusted earnings were $0.99 per share, ahead of the $0.96 consensus estimate and up from $0.87 a year earlier. Revenue increased 9% year over year, while organic revenue rose 8%. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
- Positive Sentiment: The company raised its full-year 2026 outlook, targeting approximately 8% total-company revenue growth and 9.5% to 10% organic growth in its Legal Professionals, Corporates, and Tax, Audit & Accounting businesses. All three major segments posted double-digit organic growth in the quarter. 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 a KKR-advised joint venture, expected to generate approximately $500 million in gross proceeds. It 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. Thomson Reuters Reports Second-Quarter 2026 Results
- Neutral Sentiment: Management emphasized continued investment in “Fiduciary-Grade” artificial-intelligence solutions, which could support longer-term growth but may also require substantial spending and execution.
- Negative Sentiment: Despite the earnings and guidance beats, investors may have viewed the performance as insufficient relative to the stock’s previously high expectations. Shares had a price-to-earnings ratio near 29, and post-earnings coverage highlighted comparisons between individual operating metrics and Wall Street estimates, contributing to the pullback. Why Thomson Reuters Stock Is Down
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on TRI shares. 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. Scotiabank set a $138.00 price target on shares of Thomson Reuters and gave the company a “sector outperform” rating in a research note on Wednesday, May 6th. TD Securities reaffirmed a “buy” rating on shares of Thomson Reuters in a report on Wednesday, May 6th. Barclays reaffirmed an “overweight” rating and set a $130.00 price target (down from $170.00) on shares of Thomson Reuters in a report on Friday, May 8th. Finally, Weiss Ratings downgraded Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. One investment 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $143.92.
Thomson Reuters Trading Down 8.8%
The business’s 50 day moving average price is $88.27 and its two-hundred day moving average price is $93.66. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.60 and a current ratio of 0.60. The company has a market capitalization of $43.34 billion, a price-to-earnings ratio of 29.03, a price-to-earnings-growth ratio of 1.51 and a beta of 0.75.
Thomson Reuters (NASDAQ:TRI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.99 EPS for the quarter, beating 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%. During the same quarter last year, the firm earned $0.87 EPS. The firm’s revenue for the quarter was up 9.5% compared to the same quarter last year. Equities analysts forecast that Thomson Reuters Corp will post 4.44 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Several hedge funds have recently added to or reduced their stakes in TRI. Brighton Jones LLC acquired a new position in shares of Thomson Reuters in the 4th quarter worth $448,000. AQR Capital Management LLC increased its stake in Thomson Reuters by 30.3% in the 1st quarter. AQR Capital Management LLC now owns 17,152 shares of the company’s stock valued at $2,964,000 after buying an additional 3,988 shares during the period. Ashton Thomas Private Wealth LLC acquired a new position in shares of Thomson Reuters in the first quarter worth $205,000. Prudential Financial Inc. acquired a new stake in shares of Thomson Reuters during the 2nd quarter valued at about $234,000. Finally, Daiwa Securities Group Inc. acquired a new stake in Thomson Reuters in the second quarter valued at approximately $646,000. Institutional investors and hedge funds own 17.31% of the company’s stock.
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.
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