Thomson ReutersTRI
About: Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008. In 2021, Thomson Reuters completed the sale of Refinitiv to LSE Group. Thomson Reuters' three largest segments are its legal professionals, Tax and accounting, and corporates segments. Legal professionals is about 42% of the firm's revenue and 47% of the firm's adjusted EBITDA. Tax and accounting makes up about 20%-25% of the firm's revenue and EBITDA. Corporates, which consists of legal professionals and tax and accounting products sold to corporations, also makes up about 20%-25% of the firm's revenue and EBITDA. Thomson Reuters' smaller segments include its Reuters news business and global print business.
Employees: 26,400
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
579% more call options, than puts
Call options by funds: $45.9M | Put options by funds: $6.76M
12% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 51
1.3% more ownership
Funds ownership: 18.75% [Q3] → 20.05% (+1.3%) [Q4]
1% more capital invested
Capital invested by funds: $14.4B [Q3] → $14.5B (+$103M) [Q4]
0% less funds holding
Funds holding: 474 [Q3] → 473 (-1) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 158 | Existing positions reduced: 164
14% less funds holding in top 10
Funds holding in top 10: 7 [Q3] → 6 (-1) [Q4]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Goldman Sachs George King 0 / 0 met price target | 3%upside $188 | Neutral Maintained | 7 Feb 2025 |
Scotiabank Maher Yaghi 65% 1-year accuracy 13 / 20 met price target | 3%upside $188 | Sector Outperform Maintained | 7 Feb 2025 |
Wells Fargo Jason Haas 47% 1-year accuracy 24 / 51 met price target | 3%downside $177 | Equal-Weight Maintained | 7 Feb 2025 |
Financial journalist opinion
Based on 4 articles about TRI published over the past 30 days









