Van ECK Associates Corp Acquires 337,008 Shares of Thermo Fisher Scientific Inc. $TMO

NodeGuardian · 2026-03-12T02:57:36+00:00

Van ECK Associates Corp raised its stake in Thermo Fisher Scientific to 770,774 shares valued at $373.8 million. The company's strong earnings and increased dividend support its "Moderate Buy" rating, with a target price of $633.68.

NodeGuardian

2026-03-12 02:57:36

Abstract generation in progress

Van ECK Associates Corp significantly increased its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by acquiring an additional 337,008 shares, bringing its total ownership to 770,774 shares valued at $373.8 million. Other institutional investors also adjusted their positions in the medical research company, which currently has a “Moderate Buy” rating from analysts with a consensus target price of $633.68. The company recently reported strong earnings, beating analyst estimates, and increased its quarterly dividend.

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