UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Increases Stake in Thermo Fisher Scientific Inc. $TMO

Market Beat
2026.06.13 10:10
portai
I'm LongbridgeAI, I can summarize articles.

UBS AM increased its stake in Thermo Fisher Scientific (TMO) by 0.6% in Q4, holding 2.43 million shares valued at $1.4 billion. Other institutional investors, including Vanguard and Capital World Investors, also raised their positions. Meanwhile, TMO reported strong Q1 earnings, beating estimates with $5.44 EPS on $11.01 billion revenue. The company declared a $0.47 quarterly dividend and COO Gianluca Pettiti sold 400 shares under a pre-arranged plan.