Revvity (NYSE:RVTY) Releases FY 2026 Earnings Guidance

by · The Cerbat Gem

Revvity (NYSE:RVTYGet Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 5.350-5.450 for the period, compared to the consensus EPS estimate of 5.320. The company issued revenue guidance of $3.0 billion-$3.0 billion, compared to the consensus revenue estimate of $2.9 billion.

Wall Street Analyst Weigh In

RVTY has been the topic of several recent analyst reports. The Goldman Sachs Group initiated coverage on Revvity in a research report on Tuesday, December 9th. They set a “neutral” rating and a $105.00 price target on the stock. Weiss Ratings reissued a “sell (d)” rating on shares of Revvity in a research note on Monday, December 29th. Guggenheim began coverage on shares of Revvity in a research report on Wednesday, October 15th. They set a “neutral” rating on the stock. Bank of America downgraded shares of Revvity from a “buy” rating to a “neutral” rating and set a $110.00 price objective for the company. in a research report on Monday, December 15th. Finally, Wells Fargo & Company boosted their price objective on shares of Revvity from $102.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Monday, December 15th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $113.91.

Get Our Latest Report on Revvity

Revvity Stock Down 0.0%

Shares of RVTY opened at $108.48 on Monday. The firm has a market cap of $12.30 billion, a P/E ratio of 54.51, a price-to-earnings-growth ratio of 3.32 and a beta of 1.06. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.44 and a current ratio of 1.75. The firm’s 50-day simple moving average is $103.96 and its 200 day simple moving average is $95.44. Revvity has a 52 week low of $81.36 and a 52 week high of $128.04.

Revvity (NYSE:RVTYGet Free Report) last released its earnings results on Monday, February 2nd. The company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.55 by $0.15. Revvity had a return on equity of 7.52% and a net margin of 8.44%.The business’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.42 EPS. Revvity has set its FY 2026 guidance at 5.350-5.450 EPS. On average, analysts forecast that Revvity will post 4.94 earnings per share for the current year.

Revvity Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, May 8th. Investors of record on Friday, April 17th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Friday, April 17th. This represents a $0.28 annualized dividend and a yield of 0.3%. Revvity’s dividend payout ratio is currently 14.07%.

Revvity announced that its board has approved a share repurchase program on Monday, October 27th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 8.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its stock is undervalued.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. AQR Capital Management LLC raised its position in Revvity by 5.2% in the first quarter. AQR Capital Management LLC now owns 8,449 shares of the company’s stock worth $883,000 after acquiring an additional 420 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Revvity by 6.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,776 shares of the company’s stock valued at $1,246,000 after purchasing an additional 744 shares during the period. Millennium Management LLC increased its holdings in shares of Revvity by 102.0% in the 1st quarter. Millennium Management LLC now owns 69,401 shares of the company’s stock worth $7,343,000 after buying an additional 35,048 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Revvity by 45.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 607,104 shares of the company’s stock valued at $64,232,000 after buying an additional 189,871 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of Revvity by 13.0% during the 1st quarter. Focus Partners Wealth now owns 7,028 shares of the company’s stock worth $744,000 after acquiring an additional 811 shares during the last quarter. Institutional investors own 86.65% of the company’s stock.

About Revvity

(Get Free Report)

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.

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