Picton Mahoney Asset Management has acquired a new position in Thermo Fisher Scientific Inc. (NYSE:TMO) during the third quarter, purchasing 35,077 shares valued at approximately $17.01 million. Other institutional investors also modified their holdings, with several boosting their stakes in the medical research company. Thermo Fisher Scientific recently announced a stock repurchase program of $5.00 billion and increased its quarterly dividend to $0.47 per share.
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Picton Mahoney Asset Management Takes $17.01 Million Position in Thermo Fisher Scientific Inc. $TMO
Picton Mahoney Asset Management has acquired a new position in Thermo Fisher Scientific Inc. (NYSE:TMO) during the third quarter, purchasing 35,077 shares valued at approximately $17.01 million. Other institutional investors also modified their holdings, with several boosting their stakes in the medical research company. Thermo Fisher Scientific recently announced a stock repurchase program of $5.00 billion and increased its quarterly dividend to $0.47 per share.