⚡ This company reported new earnings on 2026-10-21 (8-K release). The official 10-Q is pending — financials below may still reflect the prior quarter.
TM

TMO THERMO FISHER SCIENTIFIC INC

2026Q2 · CUSIP 883556102 · Sector: Healthcare & Biotech

Piling in

Net holder growth ranks near the top of the market

Funds that own it
2,635
Institutions that reported holding it to the SEC
Net increase in holders
+24
Last quarter 2,611 → now 2,635
How unusual is that
Top 20%
Stronger buying than 81% of US stocks
What the filings say, in one paragraph

2,635 funds held TMO at the end of 2026Q2, up 24 from the quarter before. That is stronger buying than 80.8% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $46.3B(YoY +7.2%), the P/E is 36.8x, return on equity is 13.2%. TMO has had 37 buying rushes in its history, and the price moved +2.2% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Healthcare & Biotech sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=807 2013Q4: holders=868 2014Q1: holders=905 2014Q2: holders=899 2014Q3: holders=907 2014Q4: holders=950 2015Q1: holders=962 2015Q2: holders=976 2015Q3: holders=970 2015Q4: holders=1009 2016Q1: holders=1024 2016Q2: holders=1053 2016Q3: holders=1039 2016Q4: holders=1114 2017Q1: holders=1136 2017Q2: holders=1158 2017Q3: holders=1158 2017Q4: holders=1247 2018Q1: holders=1305 2018Q2: holders=1319 2018Q3: holders=1347 2018Q4: holders=1452 2019Q1: holders=1519 2019Q2: holders=1550 2019Q3: holders=1550 2019Q4: holders=1678 2020Q1: holders=1677 2020Q2: holders=1741 2020Q3: holders=1846 2020Q4: holders=2026 2021Q1: holders=2040 2021Q2: holders=2073 2021Q3: holders=2131 2021Q4: holders=2344 2022Q1: holders=2312 2022Q2: holders=2280 2022Q3: holders=2259 2022Q4: holders=2367 2023Q1: holders=2387 2023Q2: holders=2388 2023Q3: holders=2371 2023Q4: holders=2491 2024Q1: holders=2528 2024Q2: holders=2547 2024Q3: holders=2577 2024Q4: holders=2625 2025Q1: holders=2578 2025Q2: holders=2461 2025Q3: holders=2515 2025Q4: holders=2715 2026Q1: holders=2611 2026Q2: holders=2635 -213 -106.5 +0 +106.5 +213 72617892851 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 37 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20% — —
2025Q4 Top 5% -4.9% -12.2%
2025Q3 Top 5% +7.8% -9.1%
2024Q4 Top 20% -8.0% -22.5%
2024Q3 Top 10% +7.2% +6.3%
2024Q2 Top 20% +1.5% -11.7%
2024Q1 Top 10% -9.2% +2.1%
2023Q4 Top 5% +4.2% +8.7%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
411
Change in large funds
+43
Total value they hold
$169.4B
Funds buying for the first time
207
Funds that sold out entirely
183
Price change that quarter
+32.6%
Funds holding puts (bearish)
39
Funds holding calls (bullish)
38

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

Fundamentals

PE (TTM)
36.8
EPS (TTM)
$18.59
EPS YoY
+7.5%
Revenue (TTM)
$46.3B
Revenue YoY
+7.2%
Net margin
15.0%
ROE
13.2%
Debt ratio
53.4%
FCF (TTM)
$7.3B
Dividend (TTM)
$1.80
Quarterly Revenue & EPS
2021-10-02: EPS 4.79 2021-12-31: EPS 4.18 2022-04-02: EPS 5.61 2022-07-02: EPS 4.22 2022-10-01: EPS 3.79 2022-12-31: EPS 4.01 2023-04-01: EPS 3.32 2023-07-01: EPS 3.51 2023-09-30: EPS 4.42 2023-12-31: EPS 4.20 2024-03-30: EPS 3.46 2024-06-29: EPS 4.04 2024-09-28: EPS 4.25 2024-12-31: EPS 4.78 2025-03-29: EPS 3.98 2025-06-28: EPS 4.28 2025-09-27: EPS 4.27 2025-12-31: EPS 5.21 2026-03-28: EPS 4.43 2026-06-27: EPS 4.68 0B 6.1B 12.2B $B 0.00 3.09 6.17 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 32 21 31 40 20222023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-40M1.6B3.3B 20162017201820192020202120222023202420252026
Latest quarter $816M (2026-03-28)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-27 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.