172,705 Shares in Thomson Reuters Corp $TRI Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Thomson Reuters Corp (NASDAQ:TRI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 172,705 shares of the company’s stock, valued at approximately $16,809,000.

Other large investors also recently made changes to their positions in the company. Canada Pension Plan Investment Board acquired a new position in Thomson Reuters during the second quarter worth $107,223,000. Bank of America Corp DE acquired a new stake in Thomson Reuters in the second quarter valued at $104,104,000. The Manufacturers Life Insurance Company bought a new position in shares of Thomson Reuters in the 2nd quarter valued at about $102,215,000. Cibc World Market Inc. bought a new position in shares of Thomson Reuters in the 2nd quarter valued at about $100,711,000. Finally, BlackRock Inc. bought a new stake in shares of Thomson Reuters in the 2nd quarter valued at about $91,548,000. Institutional investors and hedge funds own 17.31% of the company’s stock.

Key Thomson Reuters News

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

• Positive Sentiment: Revenue rose 10% in the quarter, with organic growth also at 10% across the company and its “Big 3” segments. Management cited encouraging customer engagement with the next generation of CoCounsel Legal and the launch of CoCounsel Tax, Audit & Accounting. Third-quarter results
• Positive Sentiment: The company declared a quarterly dividend of $0.655 per share, equivalent to $2.62 annualized and a yield of about 2.4%.
• Neutral Sentiment: Thomson Reuters completed the sale of a 51% stake in its Global Print business for approximately $500 million and updated its 2026 outlook to exclude that business. It forecast about 9.5% total revenue growth, 8.5%–9.0% organic growth and a roughly 39% adjusted EBITDA margin; guidance for its “Big 3” segments was unchanged. Third-quarter results
• Negative Sentiment: Reports said revenue and earnings fell short of Wall Street estimates. Adjusted EPS was $0.81, below the cited $0.82 consensus and down from $0.85 a year earlier. Profit was also weighed on by higher software amortization and the absence of a prior-year gain from an asset sale, reinforcing concerns despite revenue growth. Why Thomson Reuters stock fell

Wall Street Analysts Forecast Growth

TRI has been the subject of a number of research analyst reports. RBC Dominion Securities lifted their price target on Thomson Reuters from $124.00 to $130.00 and gave the stock an “outperform” rating in a report on Wednesday, October 28th. Scotia dropped their price objective on Thomson Reuters from $138.00 to $135.00 and set a “sector outperform” rating on the stock in a research note on Thursday, August 6th. Jefferies Financial Group assumed coverage on Thomson Reuters in a research report on Tuesday, October 20th. They issued a “buy” rating and a $130.00 price objective for the company. Barclays cut their price objective on Thomson Reuters from $140.00 to $130.00 and set an “overweight” rating for the company in a research report on Tuesday, September 8th. Finally, Canaccord Genuity Group decreased their target price on Thomson Reuters from $132.50 to $129.50 and set a “buy” rating on the stock in a report on Thursday, October 22nd. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $127.99.

Thomson Reuters Stock Down 9.9%

Thomson Reuters stock opened at $110.18 on Wednesday. The stock has a market cap of $47.75 billion, a P/E ratio of 29.31, a P/E/G ratio of 2.35 and a beta of 0.69. The company has a quick ratio of 0.51, a current ratio of 0.51 and a debt-to-equity ratio of 0.12. Thomson Reuters Corp has a twelve month low of $76.28 and a twelve month high of $157.63. The company’s 50-day moving average price is $105.18 and its two-hundred day moving average price is $97.23.

Thomson Reuters (NASDAQ:TRI) last issued its quarterly earnings data on Tuesday, November 3rd. The company reported $0.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.08). Thomson Reuters had a return on equity of 15.82% and a net margin of 21.22%. The firm had revenue of $1.80 billion for the quarter, compared to the consensus estimate of $1.80 billion. During the same quarter in the prior year, the firm earned $0.85 EPS. The company’s revenue was up 2.9% on a year-over-year basis. As a group, analysts expect that Thomson Reuters Corp will post 4.46 EPS for the current 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 2.4%. The ex-dividend date of this dividend is Wednesday, November 18th. Thomson Reuters’s dividend payout ratio (DPR) is presently 69.68%.

Thomson Reuters Company Profile

Thomson Reuters is a global provider of information, software and technology solutions for professionals and institutions. The company serves customers in the legal, tax, accounting, audit, corporate, government, risk and compliance sectors, as well as the media industry. Its offerings combine authoritative content with workflow tools, data analytics and artificial intelligence.

Key products and services include Westlaw and Practical Law for legal research and practice management; Checkpoint and ONESOURCE for tax and accounting professionals; Confirmation for audit-related workflows; and CoCounsel, an AI-assisted legal technology platform.