Wesleyan Assurance Society increased its stake in Thermo Fisher Scientific by 47.5% in Q2.

Wesleyan Assurance Society raised its stake in Thermo Fisher Scientific by 47.5% in Q2, buying 95 shares, increasing total holdings to 295 shares worth $163,000 at quarter's end. Thermo Fisher reported earnings of $5.37 per share, up from the $5.13 consensus estimate, with quarterly revenue of $10.54B, down 1.4% YoY. The company declared a $0.39 per share dividend, payable Oct 15, and its stock received price target increases from HSBC and Robert W. Baird, with both maintaining "buy" ratings.

August 25, 2024
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