Revvity Inc. (NYSE:RVTY) Given Average Rating of “Hold” by Brokerages

Shares of Revvity Inc. (NYSE:RVTY) have been assigned an average recommendation of “Hold” from the fourteen ratings firms that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $107.7273.

RVTY has been the subject of a number of recent research reports. Barclays boosted their price objective on shares of Revvity from $95.00 to $105.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. Stifel Nicolaus cut their price objective on shares of Revvity from $110.00 to $100.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Weiss Ratings downgraded shares of Revvity from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, May 13th. JPMorgan Chase & Co. cut their price objective 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. Finally, Wall Street Zen downgraded shares of Revvity from a “buy” rating to a “hold” rating in a report on Saturday, April 18th.

Institutional Trading of Revvity

A number of institutional investors and hedge funds have recently made changes to their positions in the company. EdgePoint Investment Group Inc. lifted its holdings in shares of Revvity by 3.1% during the 1st quarter. EdgePoint Investment Group Inc. now owns 8,800,863 shares of the company’s stock worth $771,044,000 after acquiring an additional 265,204 shares during the period. Price T Rowe Associates Inc. MD lifted its holdings in shares of Revvity by 5.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,606,637 shares of the company’s stock worth $832,693,000 after acquiring an additional 434,570 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Revvity by 2.3% during the 1st quarter. Janus Henderson Group PLC now owns 8,348,127 shares of the company’s stock worth $731,386,000 after acquiring an additional 186,956 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Revvity by 11.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,917,953 shares of the company’s stock worth $255,623,000 after acquiring an additional 305,837 shares during the period. Finally, Morgan Stanley lifted its holdings in shares of Revvity by 29.6% during the 4th quarter. Morgan Stanley now owns 2,844,464 shares of the company’s stock worth $275,202,000 after acquiring an additional 650,083 shares during the period. Institutional investors own 86.65% of the company’s stock.

Revvity Stock Performance

Shares of RVTY stock opened at $99.90 on Wednesday. The company has a market capitalization of $11.14 billion, a price-to-earnings ratio of 47.80, a PEG ratio of 2.17 and a beta of 1.11. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.41 and a current ratio of 1.72. The company has a 50-day simple moving average of $96.39 and a 200 day simple moving average of $97.53. Revvity has a 52 week low of $81.22 and a 52 week high of $118.30.

Revvity (NYSE:RVTY) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.04. The firm had revenue of $711.12 million during 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 business’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.01 EPS. Revvity has set its FY 2026 guidance at 5.200-5.300 EPS. On average, sell-side analysts predict that Revvity will post 5.25 earnings per share for the current year.

Revvity Dividend Announcement

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