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Fifth Third Bancorp Has $158.92 Million Stock Holdings in Thermo Fisher Scientific Inc. $TMO
Fifth Third Bancorp recently increased its stake in Thermo Fisher Scientific Inc. (TMO) by 2.0%, now holding 327,665 shares valued at approximately $158.92 million. Despite this, several insiders have sold significant amounts of stock. Thermo Fisher Scientific reported strong quarterly earnings, beating estimates, and announced a $5.0 billion share repurchase program, with analysts maintaining a “Moderate Buy” rating.