Thomson Reuters Falls as Investors Continue to Digest Quarterly Miss

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.

EARLY ACCESS

Receive TRI Data Alerts

Real-time alerts on filings, insider trades, and market signals — before everyone else.

Get Alerts →

$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 Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative 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 Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative 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 Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.