Conning Inc. Has $5.31 Million Stake in Thermo Fisher Scientific Inc. $TMO

Market Beat
2026.01.15 09:44
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Conning Inc. has reduced its stake in Thermo Fisher Scientific Inc. by 16.7%, now holding 10,937 shares valued at approximately $5.31 million. Other institutional investors have also adjusted their holdings, with TIAA Trust National Association increasing its stake by 10.5%. Thermo Fisher's stock recently rose 2.3%, trading at $620.97, and the company reported a quarterly EPS of $5.79, exceeding estimates. Additionally, Thermo Fisher announced a $5 billion share repurchase plan and a quarterly dividend of $0.43 per share, reflecting confidence in its stock value.