New insider activity at Thermo Fisher ( (TMO) ) has taken place on March 12, 2025.
Michael A Boxer, the Senior Vice President and General Counsel at Thermo Fisher, has recently sold 3,775 shares of the company’s stock. This transaction amounted to a total of $2,010,263.
Recent Updates on TMO stock
In the last 24 hours, Thermo Fisher Scientific has seen significant developments that have influenced its stock outlook. The company announced a 10% increase in its quarterly dividend, raising it to 43 cents per share, which reflects confidence in its financial health and future earnings potential. Additionally, Thermo Fisher’s strong Q4 performance and strategic positioning have justified a positive outlook from analysts. The company also expanded its board with a healthcare executive, signaling a strategic focus on strengthening its leadership. Furthermore, Thermo Fisher entered a 10-year virtual power purchasing agreement with X-ELIO, highlighting its commitment to sustainable energy practices. These developments have contributed to a revised price target, reflecting the company’s robust financial performance and strategic initiatives.
More about Thermo Fisher
YTD Price Performance: 0.81%
Average Trading Volume: 1,965,086
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $198.7B
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