Zacks Research Has Optimistic Outlook of Revvity Q3 Earnings

Revvity Inc. (NYSE:RVTY) – Analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of Revvity in a research report issued on Friday, September 4th. Zacks Research analyst Team now expects that the company will earn $1.28 per share for the quarter, up from their previous forecast of $1.27. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Revvity’s current full-year earnings is $5.37 per share. Zacks Research also issued estimates for Revvity’s Q4 2026 earnings at $1.65 EPS, Q3 2027 earnings at $1.45 EPS and Q2 2028 earnings at $1.66 EPS.

Revvity (NYSE:RVTY) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $1.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.21 by $0.20. The business had revenue of $729.69 million during the quarter, compared to analysts’ expectations of $702.96 million. Revvity had a return on equity of 8.34% and a net margin of 8.16%.The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the business posted $1.18 EPS. Revvity has set its FY 2026 guidance at 5.300-5.400 EPS.

A number of other research analysts also recently issued reports on RVTY. Wolfe Research initiated coverage on shares of Revvity in a research note on Tuesday, June 2nd. They issued a “peer perform” rating for the company. TD Cowen reissued a “buy” rating on shares of Revvity in a research report on Wednesday, July 15th. KeyCorp increased their price objective on shares of Revvity from $125.00 to $165.00 and gave the company an “overweight” rating in a research report on Friday. Wall Street Zen lowered shares of Revvity from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Finally, Evercore reaffirmed an “outperform” rating on shares of Revvity in a research report on Wednesday, August 5th. Four investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to MarketBeat, Revvity currently has a consensus rating of “Hold” and an average target price of $114.77.

Revvity Stock Down 2.1%

RVTY stock opened at $127.45 on Wednesday. The company’s 50 day moving average price is $117.12 and its 200 day moving average price is $102.75. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.50 and a current ratio of 1.80. Revvity has a fifty-two week low of $81.22 and a fifty-two week high of $133.00. The firm has a market capitalization of $14.22 billion, a price-to-earnings ratio of 60.69, a PEG ratio of 2.37 and a beta of 1.09.

Institutional Investors Weigh In On Revvity

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Public Employees Retirement System of Ohio acquired a new stake in Revvity during the 2nd quarter worth approximately $3,845,000. Bank of New York Mellon Corp purchased a new stake in shares of Revvity during the second quarter worth approximately $78,766,000. California State Teachers Retirement System lifted its holdings in shares of Revvity by 19.8% during the first quarter. California State Teachers Retirement System now owns 133,809 shares of the company’s stock worth $11,723,000 after purchasing an additional 22,075 shares during the period. Corient Private Wealth LLC grew its position in Revvity by 985.0% in the 4th quarter. Corient Private Wealth LLC now owns 126,568 shares of the company’s stock valued at $12,245,000 after buying an additional 114,903 shares during the last quarter. Finally, Tocqueville Asset Management L.P. acquired a new position in Revvity in the 2nd quarter valued at $4,791,000. Hedge funds and other institutional investors own 86.65% of the company’s stock.

Revvity Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Investors of record on Friday, October 23rd will be paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date is Friday, October 23rd. Revvity’s dividend payout ratio (DPR) is currently 13.33%.

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.