ICICI Prudential Asset Management Co Ltd increased its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 51.2% in the third quarter, purchasing an additional 6,000 shares to bring its total holding to 17,720 shares valued at $8.595 million. This makes Thermo Fisher Scientific the fund’s 28th largest holding, representing 0.9% of its portfolio. The company recently reported better-than-expected earnings and authorized a $5.0 billion share buyback program.
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ICICI Prudential Asset Management Co Ltd Buys 6,000 Shares of Thermo Fisher Scientific Inc. $TMO
ICICI Prudential Asset Management Co Ltd increased its stake in Thermo Fisher Scientific Inc. (NYSE:TMO) by 51.2% in the third quarter, purchasing an additional 6,000 shares to bring its total holding to 17,720 shares valued at $8.595 million. This makes Thermo Fisher Scientific the fund’s 28th largest holding, representing 0.9% of its portfolio. The company recently reported better-than-expected earnings and authorized a $5.0 billion share buyback program.