Fifth Third Bancorp Sells 26,156 Shares of Thermo Fisher Scientific Inc. $TMO

Market Beat
2025.09.24 09:20
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Fifth Third Bancorp reduced its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 7.5% in Q2, selling 26,156 shares, leaving it with 321,225 shares valued at approximately $130.2 million. Other institutional investors also adjusted their positions. Thermo Fisher's stock opened at $469.41, with a market cap of $177.25 billion. The company reported Q2 earnings of $5.36 per share, exceeding estimates, and announced a quarterly dividend of $0.43 per share, payable on October 15.