Thomson Reuters has reaffirmed its Buy rating as it projects a substantial acceleration in topline performance for fiscal 2026. Management is targeting group-level organic revenue growth of 7.5% to 8.0%, up from 6.2% in FY2024, driven by expanded international reach and increased penetration of AI-enabled products such as its automation and machine-learning offerings. The company noted that international markets now account for 45% of total revenues, and expects that figure to rise to 50% by year-end 2026, underpinning its growth ambitions.

The Legal Professionals (LP) division is set to capture a larger share of the total addressable market by entering higher-growth sub-segments, including regulatory compliance and contract lifecycle management. Thomson Reuters plans to launch at least three new software solutions in these areas over the next 12 months, targeting an incremental $150 million in annual recurring revenue. The division’s current annualized revenue run rate stands at $2.1 billion, and management forecasts mid-teens percentage growth for LP in FY2026 compared to 8% growth in the prior fiscal year.

In the most recent portfolio filings, the Large Cap International Portfolio trimmed its position in Thomson Reuters by 37.45%, selling 9,885 shares and reducing its holdings from 26,392 to 16,507 shares. This divestiture reflects a cautious stance on media and information services stocks despite the positive outlook for AI-driven growth. Following the sale, Thomson Reuters remains among the top ten holdings in the portfolio, representing 4.2% of its total assets under management.