Jefferies Financial Group Inc. Acquires Shares of 12,090 Revvity Inc. $RVTY

Jefferies Financial Group Inc. acquired a new stake in shares of Revvity Inc. (NYSE:RVTY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 12,090 shares of the company’s stock, valued at approximately $1,170,000.

Several other institutional investors have also bought and sold shares of RVTY. EdgePoint Investment Group Inc. lifted its holdings in shares of Revvity by 26.3% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 8,574,280 shares of the company’s stock worth $751,536,000 after acquiring an additional 1,784,620 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of Revvity by 15.7% in the 3rd quarter. Invesco Ltd. now owns 2,553,515 shares of the company’s stock worth $223,816,000 after acquiring an additional 346,313 shares during the last quarter. UBS Group AG lifted its holdings in shares of Revvity by 22.3% in the 3rd quarter. UBS Group AG now owns 2,179,505 shares of the company’s stock worth $191,034,000 after acquiring an additional 397,160 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Revvity by 39.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 2,125,957 shares of the company’s stock worth $186,307,000 after acquiring an additional 596,436 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its holdings in shares of Revvity by 127.0% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,751,612 shares of the company’s stock worth $171,921,000 after acquiring an additional 980,142 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on RVTY shares. Jefferies Financial Group raised 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. JPMorgan Chase & Co. lowered their target price on shares of Revvity from $96.00 to $90.00 and set a “neutral” rating for the company in a report on Wednesday, May 6th. Evercore raised their target price on shares of Revvity from $112.00 to $118.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. The Goldman Sachs Group lowered their target price on shares of Revvity from $110.00 to $95.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Finally, Wall Street Zen lowered shares of Revvity from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Four equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Revvity currently has an average rating of “Hold” and a consensus target price of $107.73.

Revvity Trading Up 4.1%

Shares of RVTY opened at $100.73 on Friday. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.72 and a quick ratio of 1.41. The firm has a market capitalization of $11.24 billion, a price-to-earnings ratio of 48.20, a PEG ratio of 2.08 and a beta of 1.05. The company has a 50-day moving average of $91.63 and a 200 day moving average of $97.18. Revvity Inc. has a 1-year low of $81.22 and a 1-year high of $118.30.

Revvity (NYSE:RVTY) last posted its earnings results on Tuesday, May 5th. The company reported $1.06 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. The business had revenue of $711.12 million for the quarter, compared to the consensus estimate of $704.07 million. Revvity had a net margin of 8.26% and a return on equity of 8.00%. The company’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.01 EPS. Revvity has set its FY 2026 guidance at 5.200-5.300 EPS. On average, research analysts expect that Revvity Inc. will post 5.34 EPS for the current year.

Revvity Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 7th. Stockholders of record on Friday, July 17th will be given a $0.07 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.3%. Revvity’s payout ratio is presently 13.40%.

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.