Why Thermo Fisher Scientific (TMO) Stock Is Up Today

Thermo Fisher Scientific (TMO) is up 3.0% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is continued investor optimism after Thermo Fisher posted a strong second quarter in late July, with double-digit revenue growth, faster earnings growth, and signs that customer demand is improving. The move may also reflect a favorable read-through from the company’s microbiology business sale and bullish analyst target increases that followed the earnings release.

Details:

Thermo Fisher’s second-quarter 2026 revenue rose 10% to $11.99 billion, while adjusted EPS increased 13% to $6.03, giving investors a stronger growth backdrop.

Management highlighted strengthening activity across its end markets and said the company continued to gain share, which can support expectations for better results in the second half of 2026.

The company also pointed to the announced divestiture of its microbiology business as part of its capital deployment strategy, a step that can be viewed as portfolio streamlining.

After the quarter, at least one Wall Street firm lifted its price target and kept a bullish rating, citing the broad-based beat and improved core growth outlook.

Sources:

Thermo Fisher Scientific Investor Relations, Thermo Fisher Scientific Newsroom, TipRanks

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$TMO Insider Trading Activity

$TMO insiders have traded $TMO stock on the open market 107 times in the past 6 months. Of those trades, 0 have been purchases and 107 have been sales.

Here’s a breakdown of recent trading of $TMO stock by insiders over the last 6 months:

MARC N CASPER (Chairman & CEO) has made 0 purchases and 100 sales selling 48,883 shares for an estimated $27,244,152.
MICHAEL D SHAFER (Executive Vice President) has made 0 purchases and 3 sales selling 27,107 shares for an estimated $16,102,535.
LISA P. BRITT (Sr. VP and Chief HR Officer) sold 5,850 shares for an estimated $3,393,000
GIANLUCA PETTITI (President & COO) has made 0 purchases and 2 sales selling 800 shares for an estimated $411,064.
JOSEPH R. HOLMES (VP & Chief Accounting Officer) sold 420 shares for an estimated $245,620

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.

$TMO Hedge Fund Activity

We have seen 1,125 institutional investors add shares of $TMO stock to their portfolio, and 1,481 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

JPMORGAN CHASE & CO added 8,503,527 shares (+inf%) to their portfolio in Q2 2026, for an estimated $4,263,328,296
FMR LLC added 3,308,052 shares (+30.7%) to their portfolio in Q2 2026, for an estimated $1,658,524,950
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 3,114,527 shares (+inf%) to their portfolio in Q2 2026, for an estimated $1,561,499,256
DODGE & COX added 3,029,037 shares (+11767.4%) to their portfolio in Q2 2026, for an estimated $1,518,637,990
BANK OF AMERICA CORP /DE/ removed 1,638,138 shares (-29.6%) from their portfolio in Q2 2026, for an estimated $821,296,867
PRICE T ROWE ASSOCIATES INC /MD/ removed 1,199,135 shares (-19.0%) from their portfolio in Q2 2026, for an estimated $601,198,323
PICTET ASSET MANAGEMENT HOLDING SA removed 987,673 shares (-47.9%) from their portfolio in Q2 2026, for an estimated $495,179,735

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$TMO Government Contracts

We have seen $75,711,824 of award payments to $TMO over the last year.

Here are some of the awards which we have have seen pay out the most over the last year:

PLASMA-FOCUSED ION BEAM SCANNING ELECTRON MICROSCOPE (FIB-SEM): $1,938,545
MAINTENANCE OF THERMO FISHER SCIENTIFIC MASS SPECTROMETERS: $1,830,683
LAB EQUIPMENT MAINTENANCE AGREEMENT: $1,667,885
DELIVERY ORDER - ORDERING PERIOD 1 FOR ONE LAMBDA INC. REAGENTS.: $1,258,129

To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

$TMO Congressional Stock Trading

Members of Congress have traded $TMO stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

Here’s a breakdown of recent trading of $TMO stock by members of Congress over the last 6 months:

REPRESENTATIVE DAN NEWHOUSE sold up to $15,000 on 07/10.
REPRESENTATIVE DWIGHT EVANS sold up to $15,000 on 05/07.
SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$TMO Price Targets

Multiple analysts have issued price targets for $TMO recently. We have seen 9 analysts offer price targets for $TMO in the last 6 months, with a median target of $570.0.

Here are some recent targets:

Vijay Kumar from Evercore ISI Group set a target price of $570.0 on 07/06/2026
Eve Burstein from Bernstein set a target price of $520.0 on 06/26/2026
David Westenberg from Piper Sandler set a target price of $510.0 on 06/11/2026
Sidharth Sahoo from HSBC set a target price of $540.0 on 06/03/2026
Mike Polark from Wolfe Research set a target price of $535.0 on 06/02/2026
Brandon Couillard from Wells Fargo set a target price of $615.0 on 05/08/2026
Catherine Schulte from Baird set a target price of $639.0 on 04/24/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.