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Rework Wealth LLC acquires 313 shares of Thermo Fisher Scientific Inc. (NYSE:TMO)

Rework Wealth LLC elevated its stake in Thermo Fisher Scientific Inc. (NYSE:TMO – Get Score ) by 2.2% throughout the fourth quarter, in accordance with its most up-to-date disclosure with the Securities & Alternate Fee. The institutional investor owned 14,367 shares of the medical analysis firm’s inventory after buying an extra 313 shares throughout the interval. Rework Wealth LLC’s holdings in Thermo Fisher Scientific have been value $7,916,000 as of its most up-to-date submitting with the Securities & Alternate Fee.

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Plenty of different giant traders have additionally just lately made adjustments to their positions in TMO. Bornite Capital Administration LP raised its place in shares of Thermo Fisher Scientific by 50.0% throughout the first quarter. Bornite Capital Administration LP now owns 30,000 shares of the medical analysis firm’s inventory valued at $17,719,000 after buying an extra 10,000 shares within the final quarter. Fairfield Bush & CO. lifted its place in shares of Thermo Fisher Scientific by 1.2% throughout the first quarter. Now Fairfield Bush & CO. now owns 2,928 shares of the medical analysis firm’s inventory valued at $1,729,000 after shopping for an extra 36 shares within the final quarter. Loomis Sayles & Co. LP lifted its place in shares of Thermo Fisher Scientific by 563.5% throughout the first quarter. Now Loomis Sayles & Co. LP now owns 19,844 shares of the medical analysis firm’s inventory valued at $11,721,000 after buying an extra 16,853 shares within the final quarter. Covestor Ltd lifted its place in shares of Thermo Fisher Scientific by 60.5% throughout the first quarter. Covestor Ltd now owns 321 shares of the medical analysis firm’s inventory valued at $190,000 after buying an extra 121 shares within the final quarter. Lastly, Advantage Monetary Group LLC raised its place in shares of Thermo Fisher Scientific by 3.6% throughout the first quarter. Advantage Monetary Group LLC now owns 669 shares of the medical analysis firm’s inventory valued at $395,000 after shopping for an extra 23 shares within the final quarter. 85.92% of shares are owned by institutional traders.

A Wall Road analyst weighs in

Plenty of analysts just lately issued studies on TMO shares. Citigroup upped their goal value on shares of Thermo Fisher Scientific from $650.00 to $700.00 and gave the inventory a “purchase” ranking in a report on Thursday, February 2nd. StockNews.com upgraded shares of Thermo Fisher Scientific from a “maintain” ranking to a “purchase” ranking in a report on Saturday. Morgan Stanley upped their goal value on shares of Thermo Fisher Scientific from $613.00 to $670.00 and gave the inventory an “obese” ranking in a report on Thursday, February 2nd. Wells Fargo & Firm minimize their value goal on shares of Thermo Fisher Scientific from $525.00 to $505.00 and set an “underperform” ranking for the corporate in a report on Tuesday, January third. Lastly, Royal Financial institution of Canada started protection on shares of Thermo Fisher Scientific in a report on Tuesday, December sixth. They set an “outperform” ranking and a $661.00 value goal for the corporate. One funding analyst has rated the inventory with a promote ranking, two have issued a maintain ranking and 9 have assigned a purchase ranking to the corporate’s inventory. The inventory at present has a consensus ranking of “Reasonable Purchase” and a consensus value goal of $647.00, in accordance with MarketBeat.

Thermo Fisher Scientific Worth Efficiency

TMO opened at $550.57 on Tuesday. The corporate has a market cap of $212.21 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 1.85 and a beta of 0.79. The corporate has a gearing ratio of 1.15, a present ratio of 1.48, and a debt-to-equity ratio of 0.66. The agency has a 50-day shifting common of $566.00 and a 200-day shifting common of $544.99. Thermo Fisher Scientific Inc. has a twelve month low of $475.77 and a twelve month excessive of $618.35.

Thermo Fisher Scientific (NYSE:TMO – Get Score ) final posted its quarterly earnings information on Wednesday, February 1st. The medical analysis firm reported $5.40 EPS for the quarter, topping the consensus estimate of $5.19 by $0.21. The corporate had income of $11.45 billion for the quarter, in comparison with analysts’ expectations of $10.41 billion. Thermo Fisher Scientific had a web margin of 15.47% and a return on fairness of 21.42%. Thermo Fisher Scientific’s income for the quarter was up 7.0% on a year-over-year foundation. In the identical quarter final 12 months, the corporate earned $6.54 in earnings per share. Inventory analysts count on that Thermo Fisher Scientific Inc. will publish 23.72 EPS for the present 12 months.

Thermo Fisher Scientific is growing its dividend

The corporate additionally just lately disclosed a quarterly dividend, which shall be paid on Friday, April 14th. Traders of document on Wednesday, March fifteenth shall be paid a dividend of $0.35 per share. The ex-dividend date of this dividend is Tuesday, March 14th. That is $1.40 in annualized dividends and a yield of 0.25%. This is a rise from Thermo Fisher Scientific’s earlier quarterly dividend of $0.30. Thermo Fisher Scientific’s payout ratio is at present 7.94%.

Insider buying and selling at Thermo Fisher Scientific

In different Thermo Fisher Scientific information, CEO Mark N. Casper offered 20,000 shares of Thermo Fisher Scientific inventory in a transaction that occurred on Friday, February tenth. The shares have been offered at a mean value of $569.18, for a complete transaction amounting to $11,383,600.00. Following the completion of the sale, the chief government officer now immediately owns 128,705 shares within the firm, valued at $73,256,311.90. The sale was disclosed in a doc filed with the SEC, which is on the market on the SEC’s web site. In different Thermo Fisher Scientific information, CEO Mark N. Casper offered 7,500 shares of Thermo Fisher Scientific inventory in a transaction that occurred on Monday, March thirteenth. The shares have been offered at a mean value of $544.49, for a complete transaction amounting to $4,083,675.00. Following the completion of the sale, the chief government officer now immediately owns 66,655 shares within the firm, valued at $36,292,980.95. The sale was disclosed in a doc filed with the SEC, which is on the market on the SEC’s web site. Additionally, CEO Mark N. Casper offered 20,000 shares of Thermo Fisher Scientific inventory in a transaction that occurred on Friday, February tenth. The shares have been offered at a mean value of $569.18, for a complete transaction amounting to $11,383,600.00. Following the sale, the chief government officer now owns 128,705 shares within the firm, valued at $73,256,311.90. Disclosures for this sale might be discovered right here. Insiders have offered 30,100 shares of firm inventory value $16,966,971 over the past 90 days. Company insiders personal 0.43% of firm shares.

About Thermo Fisher Scientific

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Thermo Fisher Scientific, Inc. is engaged in offering analytical devices, tools, reagents and consumables, software program and companies for analysis, evaluation, discovery and diagnostics. It operates by way of the next segments: Life Sciences Options, Analytical Devices, Specialty Diagnostics and Laboratory Merchandise and Providers.

Chosen tales

Wish to know what different hedge funds maintain TMO? Go to HoldingsChannel.com for the newest 13F filings and insider offers for Thermo Fisher Scientific Inc. (NYSE:TMO – Get Score ).

Institutional Ownership of Thermo Fisher Scientific by Quarter (NYSE:TMO)

This prompt information alert is powered by MarketBeat’s narrative science expertise and monetary information to offer readers with the quickest and most correct studies. This story was reviewed by MarketBeat editorial employees previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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