Thomson Reuters (NASDAQ:TRI) Price Target Raised to $130.50

Posted by Brenda Bartman on Nov 7th, 2026

Thomson Reuters (NASDAQ:TRI – Free Report) had its price objective hoisted by Canaccord Genuity Group from $129.50 to $130.50 in a research note published on Wednesday,BayStreet reports. The brokerage currently has a buy rating on the stock.

A number of other analysts have also recently weighed in on TRI. Jefferies Financial Group assumed coverage on shares of Thomson Reuters in a research note on Tuesday, October 20th. They issued a “buy” rating and a $130.00 target price on the stock. Scotia cut their price target on shares of Thomson Reuters from $138.00 to $135.00 and set a “sector outperform” rating for the company in a research note on Thursday, August 6th. Barclays cut their price target on shares of Thomson Reuters from $140.00 to $130.00 and set an “overweight” rating for the company in a research note on Tuesday, September 8th. Weiss Ratings raised Thomson Reuters from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday, October 15th. Finally, Scotiabank reiterated a “sector outperform” rating and issued a $135.00 price objective on shares of Thomson Reuters in a research note on Thursday, August 6th. Eleven research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $128.96.

View Our Latest Analysis on TRI

Thomson Reuters Stock Performance

Shares of Thomson Reuters stock traded down $5.54 during midday trading on Wednesday, hitting $112.57. The company had a trading volume of 1,291,915 shares, compared to its average volume of 1,675,711. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.51 and a quick ratio of 0.51. The stock has a market cap of $48.78 billion, a PE ratio of 31.43, a P/E/G ratio of 2.35 and a beta of 0.69. The business’s 50 day simple moving average is $105.91 and its two-hundred day simple moving average is $97.09. Thomson Reuters has a 1-year low of $76.28 and a 1-year high of $142.04.

Thomson Reuters (NASDAQ:TRI – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The company reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.08). Thomson Reuters had a net margin of 21.22% and a return on equity of 15.82%. The company had revenue of $1.80 billion for the quarter, compared to analyst estimates of $1.80 billion. The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. As a group, equities analysts predict that Thomson Reuters will post 4.33 EPS for the current fiscal year.

Thomson Reuters Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be issued a dividend of $0.6550 per share. This represents a $2.62 annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Wednesday, November 18th. Thomson Reuters’s dividend payout ratio (DPR) is currently 73.18%.

Institutional Trading of Thomson Reuters

Large investors have recently added to or reduced their stakes in the company. Bank of America Corp DE raised its stake in shares of Thomson Reuters by 48.7% in the first quarter. Bank of America Corp DE now owns 1,627,069 shares of the company’s stock valued at $146,404,000 after acquiring an additional 532,803 shares during the last quarter. First Trust Advisors LP raised its position in Thomson Reuters by 33.3% in the 1st quarter. First Trust Advisors LP now owns 1,588,756 shares of the company’s stock valued at $142,956,000 after purchasing an additional 397,150 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Thomson Reuters by 65.1% in the first quarter. The Manufacturers Life Insurance Company now owns 1,500,365 shares of the company’s stock worth $135,297,000 after purchasing an additional 591,642 shares in the last quarter. TD Waterhouse Canada Inc. increased its stake in shares of Thomson Reuters by 13.2% in the third quarter. TD Waterhouse Canada Inc. now owns 1,468,484 shares of the company’s stock valued at $143,304,000 after buying an additional 171,375 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Thomson Reuters in the second quarter valued at about $107,223,000. 17.31% of the stock is owned by institutional investors.

About Thomson Reuters

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Thomson Reuters is a global provider of information, software and services for legal, tax, accounting, compliance, risk and financial professionals. Its products help customers research complex issues, manage workflows and make informed decisions.

Key offerings include Westlaw and Practical Law for legal research and practice management, Checkpoint for tax and accounting research, and ONESOURCE for tax and trade compliance. The company also provides news and information through Reuters, its global news organization.

Thomson Reuters was formed in 2008 through the combination of Thomson Corporation and Reuters Group.