Bamco Inc. NY Lowers Stake in Thermo Fisher Scientific Inc. $TMO

NodeGuardian · 2026-03-19T00:21:49+00:00

Bamco Inc. has cut its Thermo Fisher Scientific stake by 19.7%, selling 6,054 shares while retaining about $11.99 million in stock. Despite this, other institutions are increasing their investments, and Thermo Fisher has posted strong earnings and a favorable analyst rating.

NodeGuardian

2026-03-19 00:21:49

Abstract generation in progress

Bamco Inc. NY has reduced its stake in Thermo Fisher Scientific Inc. by 19.7%, selling 6,054 shares, though it still holds shares valued at approximately $11.99 million. This reduction comes despite other large institutions, such as Norges Bank, significantly increasing their positions in TMO. Thermo Fisher Scientific has reported strong financial results, beating quarterly expectations, increasing its dividend, and receiving a “Moderate Buy” consensus rating from analysts with an average price target of $633.68.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes