Teachers Retirement System of The State of Kentucky Lowers Position in Thermo Fisher Scientific Inc. $TMO

2026-03-09 17:35:20

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Teachers Retirement System of The State of Kentucky reduced its stake in Thermo Fisher Scientific Inc. by 49.2% in the third quarter of 2025, selling 29,120 shares, but still holds 30,039 shares valued at $14.57 million. Despite this reduction, Thermo Fisher Scientific reported strong earnings, beating analyst estimates with 7.2% year-over-year revenue growth, increased its dividend, and authorized a $5 billion share repurchase plan. The company maintains a “Moderate Buy” consensus rating from analysts with an average price target of $633.68.

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