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Thomson Reuters Corp (TSX:TRI) stock reached an all-time high of $199.19, marking a significant milestone for the $89.66 billion market cap company. According to InvestingPro analysis, the stock is currently trading above its Fair Value, with analysts setting price targets ranging from $146 to $225. This achievement reflects a robust performance over the past year, with the stock delivering a 19% return. The climb to this record level underscores investor confidence, supported by the company’s 37-year track record of consistent dividend payments and overall GOOD financial health rating from InvestingPro. As the stock continues to perform well, stakeholders remain optimistic about Thomson Reuters Corp ’s future prospects, though investors should note that 11 analysts have recently revised their earnings expectations downward for the upcoming period. Discover more insights and 13 additional ProTips with an InvestingPro subscription.
In other recent news, Thomson Reuters (NYSE:TRI) reported a robust start to 2025, with a 6% organic revenue increase in the first quarter. The company’s legal, corporate, and tax & accounting divisions were key contributors to this growth. Adjusted earnings per share rose slightly to $1.12 from $1.11 year-over-year. Thomson Reuters also reaffirmed its full-year organic revenue growth guidance of 7-7.5% and increased its annual dividend by 10% to $2.38 per share. Barclays (LON:BARC) raised its stock price target for Thomson Reuters to $210, maintaining an Overweight rating, citing strong recurring revenue growth and profit margins. The firm noted the company’s strategic focus on AI and innovation as significant growth drivers. Additionally, Thomson Reuters filed a Form 6-K with the SEC, providing investors with important financial information, including unaudited consolidated financial statements and management’s discussion and analysis. The filing also included certifications by the CEO and CFO, ensuring the accuracy of the financial statements and internal controls.
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