Lazard Asset Management LLC Invests $750,000 in Thomson Reuters Corp $TRI

Lazard Asset Management LLC bought a new stake in shares of Thomson Reuters Corp (NASDAQ:TRI) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 8,307 shares of the company’s stock, valued at approximately $750,000.

Other large investors have also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Thomson Reuters in the fourth quarter valued at $448,000. AQR Capital Management LLC boosted its stake in shares of Thomson Reuters by 30.3% during the 1st quarter. AQR Capital Management LLC now owns 17,152 shares of the company’s stock worth $2,964,000 after acquiring an additional 3,988 shares in the last quarter. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Thomson Reuters during the 1st quarter valued at about $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. purchased a new position in shares of Thomson Reuters in the 2nd quarter valued at about $646,000. 17.31% of the stock is currently owned by institutional investors and hedge funds.

Thomson Reuters Trading Down 9.7%

TRI stock opened at $98.61 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 0.11. Thomson Reuters Corp has a 12-month low of $76.28 and a 12-month high of $203.43. The stock has a market cap of $42.96 billion, a price-to-earnings ratio of 28.69, a PEG ratio of 1.62 and a beta of 0.75. The business’s 50-day moving average is $88.60 and its 200 day moving average is $93.46.

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

Thomson Reuters Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be given a dividend of $0.655 per share. This represents a $2.62 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Wednesday, August 19th. Thomson Reuters’s payout ratio is presently 76.16%.

Key Stories Impacting Thomson Reuters

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

• Positive Sentiment: Second-quarter adjusted earnings were $0.99 per share, above the $0.96 analyst consensus and up from $0.87 a year earlier. Revenue increased 9.5% year over year, while total company organic revenue grew 8%. Thomson Reuters Beats Q2 Earnings and Revenue Estimates
• Positive Sentiment: Management raised its full-year 2026 outlook, targeting approximately 8% total-company revenue growth and 9.5%–10% organic growth for its core “Big 3” businesses: Legal Professionals, Corporates, and Tax, Audit & Accounting Professionals. 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 KKR for approximately $500 million in gross proceeds. The company 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.
• Positive Sentiment: The company declared a quarterly dividend of $0.655 per share, payable September 10 to shareholders of record August 19. The dividend implies an annualized yield of approximately 2.7%; the ex-dividend date is August 19.
• Neutral Sentiment: Management emphasized that its second-half priority is expanding “Fiduciary-Grade AI” solutions. While AI is a long-term growth opportunity, investors may want evidence that the rollout will accelerate revenue and earnings without materially increasing costs.
• Negative Sentiment: The stock’s decline following the earnings beat indicates that expectations were elevated. Investors appear to be weighing the raised guidance and strong core-business growth against execution risks, AI-related investment requirements, and the possibility that much of the positive news was already reflected in the valuation.

Analyst Upgrades and Downgrades

TRI has been the subject of a number of analyst reports. 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. Argus started coverage on Thomson Reuters in a research report on Wednesday, April 22nd. They issued a “hold” rating for the company. Scotiabank set a $138.00 target price on Thomson Reuters and gave the stock a “sector outperform” rating in a research note on Wednesday, May 6th. Weiss Ratings lowered Thomson Reuters from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 23rd. Finally, Barclays reissued an “overweight” rating and issued a $130.00 price target (down from $170.00) on shares of Thomson Reuters in a research note on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $143.92.

Thomson Reuters 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.