Revvity (NYSE:RVTY) Releases FY 2026 Earnings Guidance

Revvity (NYSE:RVTY) issued an update on its FY 2026 earnings guidance on Monday morning. 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.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on RVTY. Bank of America cut shares of 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. Robert W. Baird raised their target price on shares of Revvity from $122.00 to $123.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. The Goldman Sachs Group started coverage on Revvity in a research note on Tuesday, December 9th. They issued a “neutral” rating and a $105.00 target price for the company. Guggenheim assumed coverage on Revvity in a research report on Wednesday, October 15th. They set a “neutral” rating on the stock. Finally, Wells Fargo & Company upped their price objective on 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 assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $113.91.

Revvity Price Performance

NYSE RVTY opened at $108.48 on Monday. Revvity has a 12 month low of $81.36 and a 12 month high of $128.04. The firm has a market capitalization of $12.30 billion, a PE ratio of 54.51, a P/E/G ratio of 3.32 and a beta of 1.06. The company’s 50 day simple moving average is $103.96 and its 200 day simple moving average is $95.44. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.75 and a quick ratio of 1.44.

Revvity (NYSE:RVTY) last issued its quarterly earnings results on Monday, February 2nd. The company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.55 by $0.15. Revvity had a return on equity of 7.52% and a net margin of 8.44%.The company’s revenue was up 5.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.42 EPS. Revvity has set its FY 2026 guidance at 5.350-5.450 EPS. As a group, equities research analysts forecast that Revvity will post 4.94 EPS for the current fiscal year.

Revvity Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 8th. Shareholders of record on Friday, April 17th will be given a dividend of $0.07 per share. The ex-dividend date 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 (DPR) is presently 14.07%.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RVTY. Mackenzie Financial Corp lifted its position in Revvity by 1.7% in the third quarter. Mackenzie Financial Corp now owns 8,955 shares of the company’s stock worth $785,000 after purchasing an additional 154 shares during the period. EverSource Wealth Advisors LLC increased its stake in Revvity by 25.9% in the second quarter. EverSource Wealth Advisors LLC now owns 900 shares of the company’s stock valued at $87,000 after purchasing an additional 185 shares in the last quarter. Schroder Investment Management Group grew its stake in Revvity by 5.0% in the third quarter. Schroder Investment Management Group now owns 4,751 shares of the company’s stock valued at $416,000 after acquiring an additional 225 shares during the period. American Century Companies Inc. increased its holdings in shares of Revvity by 4.3% in the second quarter. American Century Companies Inc. now owns 5,529 shares of the company’s stock worth $535,000 after acquiring an additional 227 shares in the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new stake in shares of Revvity during the second quarter worth about $32,000. 86.65% of the stock is owned by hedge funds and other institutional investors.

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.