Zacks Research Has Optimistic Outlook of Revvity Q2 Earnings

Revvity Inc. (NYSE:RVTY) – Analysts at Zacks Research increased their Q2 2026 earnings estimates for Revvity in a research note issued on Monday, February 23rd. Zacks Research analyst Team now anticipates that the company will post earnings per share of $1.31 for the quarter, up from their prior forecast of $1.29. The consensus estimate for Revvity’s current full-year earnings is $4.94 per share. Zacks Research also issued estimates for Revvity’s Q3 2026 earnings at $1.34 EPS, FY2026 earnings at $5.36 EPS and Q1 2027 earnings at $1.28 EPS.

RVTY has been the topic of a number of other reports. Bank of America lowered Revvity from a “buy” rating to a “neutral” rating and set a $110.00 target price on the stock. in a report on Monday, December 15th. The Goldman Sachs Group started coverage on shares of Revvity in a report on Tuesday, December 9th. They issued a “neutral” rating and a $105.00 price objective on the stock. Wells Fargo & Company increased their price objective on shares of Revvity from $107.00 to $110.00 and gave the company an “equal weight” rating in a research report on Tuesday, February 3rd. Jefferies Financial Group lifted their target price on shares of Revvity from $100.00 to $105.00 and gave the stock a “hold” rating in a report on Monday, February 2nd. Finally, Barclays increased their price target on shares of Revvity from $115.00 to $118.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Five research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Revvity presently has an average rating of “Hold” and an average target price of $113.67.

Revvity Price Performance

NYSE:RVTY opened at $98.23 on Thursday. Revvity has a 12-month low of $81.36 and a 12-month high of $120.39. The firm has a market capitalization of $10.98 billion, a price-to-earnings ratio of 47.23, a P/E/G ratio of 2.10 and a beta of 1.07. The stock’s 50 day moving average price is $103.31 and its two-hundred day moving average price is $96.41. The company has a quick ratio of 1.40, a current ratio of 1.68 and a debt-to-equity ratio of 0.36.

Revvity (NYSE:RVTY) last released its quarterly earnings data on Monday, February 2nd. The company reported $1.70 earnings per share for the quarter, topping the consensus estimate of $1.55 by $0.15. Revvity had a net margin of 8.45% and a return on equity of 7.92%. The company had revenue of $772.06 million for the quarter, compared to analyst estimates of $759.81 million. During the same period in the previous year, the business earned $1.42 EPS. Revvity’s revenue for the quarter was up 5.9% compared to the same quarter last year. Revvity has set its FY 2026 guidance at 5.350-5.450 EPS.

Hedge Funds Weigh In On Revvity

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Pacer Advisors Inc. increased its position in shares of Revvity by 4.7% in the fourth quarter. Pacer Advisors Inc. now owns 11,152 shares of the company’s stock worth $1,079,000 after purchasing an additional 504 shares during the period. Virtu Financial LLC bought a new stake in Revvity during the fourth quarter worth about $384,000. Corient Private Wealth LLC grew its stake in Revvity by 985.8% during the fourth quarter. Corient Private Wealth LLC now owns 126,664 shares of the company’s stock worth $12,245,000 after buying an additional 114,999 shares in the last quarter. Alberta Investment Management Corp bought a new position in Revvity in the 4th quarter valued at about $1,442,000. Finally, Mercer Global Advisors Inc. ADV raised its position in shares of Revvity by 10.4% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 15,656 shares of the company’s stock valued at $1,515,000 after buying an additional 1,480 shares in the last quarter. 86.65% of the stock is owned by institutional investors and hedge funds.

Revvity Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 17th will be given a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $0.28 dividend on an annualized basis and a yield of 0.3%. Revvity’s dividend payout ratio is currently 13.46%.

About Revvity

Revvity, Inc is a global provider of technology-enabled solutions for the life sciences, diagnostics and applied markets. The company develops and supplies a range of products and services, including reagents and consumables, laboratory instruments, workflow automation, software analytics and technical support. Its portfolio supports applications in drug discovery, genomics, cell biology research, environmental and food safety testing, industrial quality control and clinical diagnostics.

Tracing its heritage to Perkin-Elmer, founded in 1937, Revvity began trading on the New York Stock Exchange under the ticker symbol RVTY in January 2024 following a corporate rebranding.