SG Americas Securities LLC Boosts Stock Holdings in Revvity Inc. $RVTY

SG Americas Securities LLC raised its position in shares of Revvity Inc. (NYSE:RVTY) by 186.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 123,173 shares of the company’s stock after purchasing an additional 80,226 shares during the period. SG Americas Securities LLC owned 0.11% of Revvity worth $11,917,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. EdgePoint Investment Group Inc. lifted its position in shares of Revvity by 26.3% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 8,574,280 shares of the company’s stock valued at $751,536,000 after buying an additional 1,784,620 shares during the last quarter. Norges Bank purchased a new stake in Revvity in the 2nd quarter worth about $124,574,000. Allspring Global Investments Holdings LLC increased its holdings in Revvity by 14,741.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 771,470 shares of the company’s stock worth $70,790,000 after acquiring an additional 766,272 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in Revvity by 39.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,125,957 shares of the company’s stock valued at $186,307,000 after acquiring an additional 596,436 shares during the period. Finally, Invesco Ltd. raised its stake in Revvity by 25.8% in the 2nd quarter. Invesco Ltd. now owns 2,207,202 shares of the company’s stock valued at $213,481,000 after acquiring an additional 452,343 shares during the period. 86.65% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on RVTY shares. Jefferies Financial Group increased their target price on shares of Revvity from $100.00 to $105.00 and gave the stock a “hold” rating in a research report on Monday, February 2nd. Evercore boosted their price target on shares of Revvity from $112.00 to $118.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Wells Fargo & Company upped their price target on shares of Revvity from $107.00 to $110.00 and gave the company an “equal weight” rating in a research note on Tuesday, February 3rd. The Goldman Sachs Group began coverage on shares of Revvity in a report on Tuesday, December 9th. They issued a “neutral” rating and a $105.00 price objective for the company. Finally, Weiss Ratings lowered shares of Revvity from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Wednesday, March 18th. Five investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $113.67.

Revvity Stock Down 3.6%

RVTY stock opened at $83.98 on Friday. The stock has a 50-day simple moving average of $98.16 and a two-hundred day simple moving average of $96.47. Revvity Inc. has a twelve month low of $81.36 and a twelve month high of $118.30. The firm has a market capitalization of $9.39 billion, a PE ratio of 40.37, a PEG ratio of 1.78 and a beta of 1.10. 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 announced its quarterly earnings results on Monday, February 2nd. The company reported $1.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.55 by $0.15. Revvity had a net margin of 8.45% and a return on equity of 7.92%. The firm had revenue of $772.06 million for the quarter, compared to the consensus estimate of $759.81 million. During the same period in the prior year, the firm posted $1.42 earnings per share. The company’s revenue for the quarter was up 5.9% on a year-over-year basis. Revvity has set its FY 2026 guidance at 5.350-5.450 EPS. On average, equities analysts predict that Revvity Inc. will post 4.94 EPS for the current fiscal year.

Revvity Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 17th will be paid a $0.07 dividend. The ex-dividend date is Friday, April 17th. This represents a $0.28 annualized dividend and a yield of 0.3%. Revvity’s dividend payout ratio is currently 13.46%.

Revvity Company Profile

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.