Thomson Reuters Corp $TRI Shares Purchased by Cidel Asset Management Inc.

Posted by George Bondi on Jun 24th, 2026

Cidel Asset Management Inc. increased its holdings in Thomson Reuters Corp (NASDAQ:TRI – Free Report) by 122.1% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 107,248 shares of the company’s stock after acquiring an additional 58,963 shares during the period. Cidel Asset Management Inc.’s holdings in Thomson Reuters were worth $9,649,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in TRI. Empowered Funds LLC purchased a new stake in Thomson Reuters in the fourth quarter valued at $30,000. Timmons Wealth Management LLC acquired a new position in shares of Thomson Reuters in the 4th quarter valued at $42,000. Montag A & Associates Inc. purchased a new position in shares of Thomson Reuters during the 4th quarter worth $43,000. J.Safra Asset Management Corp purchased a new position in shares of Thomson Reuters during the 4th quarter worth $56,000. Finally, Hantz Financial Services Inc. increased its position in shares of Thomson Reuters by 1,011.7% during the 4th quarter. Hantz Financial Services Inc. now owns 667 shares of the company’s stock worth $88,000 after purchasing an additional 607 shares during the last quarter. Institutional investors and hedge funds own 17.31% of the company’s stock.

Thomson Reuters Stock Performance

Shares of TRI opened at $80.71 on Wednesday. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.60 and a current ratio of 0.60. Thomson Reuters Corp has a 1 year low of $76.28 and a 1 year high of $218.42. The stock has a market capitalization of $35.21 billion, a PE ratio of 23.48, a PEG ratio of 1.14 and a beta of 0.77. The stock has a 50-day simple moving average of $87.12 and a 200-day simple moving average of $102.29.

Thomson Reuters (NASDAQ:TRI – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $1.23 EPS for the quarter, beating analysts’ consensus estimates of $1.18 by $0.05. The company had revenue of $2.04 billion for the quarter, compared to the consensus estimate of $2 billion. Thomson Reuters had a net margin of 19.93% and a return on equity of 14.99%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.12 EPS. On average, analysts predict that Thomson Reuters Corp will post 4.44 earnings per share for the current fiscal year.

Thomson Reuters Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a $0.655 dividend. This represents a $2.62 annualized dividend and a yield of 3.2%. The ex-dividend date was Wednesday, May 20th. Thomson Reuters’s dividend payout ratio is currently 76.16%.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Wells Fargo & Company boosted their price objective on shares of Thomson Reuters from $87.00 to $97.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Barclays reaffirmed an “overweight” rating and set a $130.00 price objective (down from $170.00) on shares of Thomson Reuters in a research report on Friday, May 8th. Scotiabank set a $138.00 target price on Thomson Reuters and gave the company a “sector outperform” rating in a research report on Wednesday, May 6th. UBS Group set a $185.74 price target on Thomson Reuters and gave the stock a “buy” rating in a research note on Thursday, April 23rd. Finally, Argus initiated coverage on Thomson Reuters in a research report on Wednesday, April 22nd. They set a “hold” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $144.84.

Check Out Our Latest Research Report on TRI

About Thomson Reuters

(Free Report)

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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Institutional Ownership by Quarter for Thomson Reuters (NASDAQ:TRI)

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