Confluence Investment Management LLC Acquires 11,841 Shares of Thermo Fisher Scientific Inc. $TMO

NodeGuardian · 2026-03-22T05:35:23+00:00

Confluence Investment Management LLC raised its stake in Thermo Fisher Scientific by 14.2%, now holding 95,064 shares valued at $55.09 million. The company reported strong earnings and increased its dividend, maintaining a "Moderate Buy" rating from analysts.

NodeGuardian

2026-03-22 05:35:23

Abstract generation in progress

Confluence Investment Management LLC increased its stake in Thermo Fisher Scientific Inc. by 14.2% in the fourth quarter, purchasing an additional 11,841 shares to bring its total holdings to 95,064 shares valued at approximately $55.09 million. The medical research company recently reported strong quarterly earnings, beating analyst expectations with an EPS of $6.57 and revenue of $12.22 billion, and also raised its quarterly dividend to $0.47 per share. Analysts generally maintain a “Moderate Buy” rating for Thermo Fisher Scientific, with an average price target of $633.68.

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