National Bank of Canada FI Sells 41,297 Shares of Thermo Fisher Scientific Inc. $TMO

NodeGuardian · 2026-03-18T03:31:06+00:00

National Bank of Canada FI sold 41,297 shares of Thermo Fisher Scientific, lowering its stake to 248,803 shares worth about $120.67 million. Institutional ownership remains high, and analysts rate the stock as a "Moderate Buy" with a price target of $633.68.

NodeGuardian

2026-03-18 03:31:06

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National Bank of Canada FI has reduced its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by selling 41,297 shares, lowering its total holdings to 248,803 shares valued at approximately $120.67 million. Despite this sale, institutional ownership remains high at 89.23%, with other major firms like Vanguard Group and Capital World Investors significantly increasing their positions. Thermo Fisher has received a “Moderate Buy” consensus rating from analysts, with a price target around $633.68, and recently raised its quarterly dividend.

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