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Thomson Reuters Falls as Investors Continue to Digest Quarterly Miss

Investivoq PriceTracker

Thomson Reuters Corporation (TRI) is down 3.8% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued selling pressure after Thomson Reuters’ third-quarter results disappointed on both revenue and adjusted earnings versus market expectations. The company did raise its full-year organic revenue growth outlook, but that positive update appears to have been outweighed by the quarterly miss and questions around the near-term earnings profile following recent portfolio changes.

Details:

  • Thomson Reuters released third-quarter 2026 results on November 3, showing revenue growth but a weaker adjusted earnings outcome than investors had anticipated.
  • The company updated its 2026 outlook after excluding the Global Print business, which became a joint venture following the sale of a 51% stake to KKR.
  • Management pointed to ongoing growth in its core legal, tax, and risk-related businesses, but the market reaction suggests investors were focused more on the earnings miss than on the revenue guidance increase.
  • This could also be because some traders are still repricing the stock after last week’s sharp post-earnings drop, extending the negative momentum into today’s session.

    • Sources:

    Thomson Reuters, SEC, Stock Analysis

    Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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    $TRI Hedge Fund Activity

    We have seen 341 institutional investors add shares of $TRI stock to their portfolio, and 69 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    • WOODBRIDGE CO LTD added 296,247,085 shares (+inf%) to their portfolio in Q2 2026, for an estimated $24,194,499,431
    • INVESCO LTD. added 10,389,479 shares (+inf%) to their portfolio in Q2 2026, for an estimated $848,508,749
    • ROYAL BANK OF CANADA added 8,003,836 shares (+inf%) to their portfolio in Q2 2026, for an estimated $653,673,286
    • 1832 ASSET MANAGEMENT L.P. added 7,671,208 shares (+inf%) to their portfolio in Q2 2026, for an estimated $626,507,557
    • MORGAN STANLEY added 4,435,768 shares (+inf%) to their portfolio in Q2 2026, for an estimated $362,269,172
    • TLT FAMILY HOLDCO ULC added 4,236,459 shares (+inf%) to their portfolio in Q2 2026, for an estimated $345,991,606
    • TD ASSET MANAGEMENT INC added 4,190,918 shares (+inf%) to their portfolio in Q2 2026, for an estimated $342,272,273

    To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.

    $TRI Government Contracts

    We have seen $2,215,420 of award payments to $TRI over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    • REUTERS COMPLETE NEWSWIRE: $157,500

    To track government contracts to publicy traded companies, check out Investivoq's government contracts dashboard. You can access data on government contracts through the Investivoq API government contracts endpoint.

    $TRI Price Targets

    Multiple analysts have issued price targets for $TRI recently. We have seen 2 analysts offer price targets for $TRI in the last 6 months, with a median target of $91.5.

    Here are some recent targets:

    • Jason Haas from Wells Fargo set a target price of $85.0 on 06/30/2026
    • Curtis Nagle from B of A Securities set a target price of $98.0 on 05/19/2026

    This article is not financial advice. See Investivoq's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.