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Thermo Fisher Scientific Inc. $TMO Stake Boosted by NEOS Investment Management LLC
NEOS Investment Management LLC increased its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 28.6% in the third quarter, bringing their total holdings to 51,364 shares valued at $24.91 million. Other institutional investors also adjusted their positions, and 89.23% of the company’s stock is owned by institutional investors and hedge funds. The company recently posted strong earnings, beating analyst estimates, and announced a $5.00 billion share buyback plan.