Representative April McClain Delaney (D-Maryland) recently sold shares of Revvity, Inc. (NYSE:RVTY). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $15,001 and $50,000 in Revvity stock on February 28th.
Representative April McClain Delaney also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/28/2025.
- Purchased $15,001 – $50,000 in shares of Corpay (NYSE:CPAY) on 2/28/2025.
- Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/28/2025.
- Purchased $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/27/2025.
- Purchased $1,001 – $15,000 in shares of Laboratory Co. of America (NYSE:LH) on 2/27/2025.
- Purchased $1,001 – $15,000 in shares of Paychex (NASDAQ:PAYX) on 2/27/2025.
- Sold $15,001 – $50,000 in shares of Teledyne Technologies (NYSE:TDY) on 2/22/2025.
- Purchased $1,001 – $15,000 in shares of Corpay (NYSE:CPAY) on 2/22/2025.
- Sold $1,001 – $15,000 in shares of Tempur Sealy International (NYSE:TPX) on 2/22/2025.
- Sold $1,001 – $15,000 in shares of CACI International (NYSE:CACI) on 2/22/2025.
Revvity Price Performance
Shares of NYSE RVTY opened at $107.18 on Friday. The business has a fifty day moving average price of $116.44 and a two-hundred day moving average price of $117.56. The stock has a market capitalization of $12.88 billion, a PE ratio of 48.50, a P/E/G ratio of 3.82 and a beta of 1.06. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.60 and a quick ratio of 3.03. Revvity, Inc. has a fifty-two week low of $97.32 and a fifty-two week high of $129.50.
Revvity Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 9th. Shareholders of record on Friday, April 18th will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, April 17th. This represents a $0.28 dividend on an annualized basis and a yield of 0.26%. Revvity’s dividend payout ratio (DPR) is presently 12.67%.
Hedge Funds Weigh In On Revvity
Several large investors have recently modified their holdings of the business. Wealth Enhancement Advisory Services LLC increased its holdings in Revvity by 20.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,952 shares of the company’s stock valued at $553,000 after purchasing an additional 838 shares during the period. Dogwood Wealth Management LLC increased its stake in shares of Revvity by 16.8% in the fourth quarter. Dogwood Wealth Management LLC now owns 4,987 shares of the company’s stock valued at $557,000 after buying an additional 717 shares during the period. Siemens Fonds Invest GmbH raised its position in shares of Revvity by 264.8% during the fourth quarter. Siemens Fonds Invest GmbH now owns 13,357 shares of the company’s stock worth $1,491,000 after acquiring an additional 9,696 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Revvity in the fourth quarter worth approximately $16,293,000. Finally, Vermillion Wealth Management Inc. bought a new stake in Revvity in the fourth quarter valued at approximately $41,000. Institutional investors own 86.65% of the company’s stock.
Insider Buying and Selling at Revvity
In related news, insider Tajinder S. Vohra sold 5,492 shares of the company’s stock in a transaction dated Tuesday, January 7th. The stock was sold at an average price of $116.81, for a total transaction of $641,520.52. Following the sale, the insider now owns 19,652 shares in the company, valued at $2,295,550.12. This represents a 21.84 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Joel S. Goldberg sold 15,170 shares of the firm’s stock in a transaction that occurred on Thursday, January 30th. The stock was sold at an average price of $126.73, for a total value of $1,922,494.10. Following the sale, the insider now directly owns 33,400 shares of the company’s stock, valued at $4,232,782. This represents a 31.23 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.60% of the company’s stock.
Analyst Upgrades and Downgrades
Several research analysts have commented on the stock. KeyCorp boosted their price objective on shares of Revvity from $132.00 to $145.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Bank of America raised Revvity from a “neutral” rating to a “buy” rating and set a $138.00 price target for the company in a report on Friday, December 13th. Sanford C. Bernstein lowered Revvity from an “outperform” rating to a “market perform” rating and set a $130.00 price objective on the stock. in a research note on Friday, January 10th. Raymond James reissued an “outperform” rating and set a $145.00 target price (up previously from $140.00) on shares of Revvity in a research note on Monday, February 3rd. Finally, Barclays raised their price target on shares of Revvity from $135.00 to $140.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. Four analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $136.25.
Check Out Our Latest Analysis on RVTY
About Representative McClain Delaney
April McClain-Delaney (Democratic Party) is a member of the U.S. House, representing Maryland’s 6th Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.
McClain-Delaney (Democratic Party) is running for re-election to the U.S. House to represent Maryland’s 6th Congressional District. She declared candidacy for the 2026 election.
April McClain-Delaney grew up in Buhl, Idaho, where her father was a potato farmer. She obtained her bachelor’s degree in communications from Northwestern University in 1986 and her law degree from Georgetown Law Center in 1989. McClain-Delaney worked in communications law, first with the satellite firm Orion Network Systems and later as the Washington director for Common Sense Media, a nonprofit focused on technology and children. In 2022, McClain-Delaney joined the U.S. Department of Commerce under President Joe Biden (D) as deputy assistant secretary for communications and information. McClain-Delaney served on the board of the Georgetown University Law Center, the International Center for Research on Women, and the Northwestern University School of Communications.
About Revvity
Revvity, Inc provides health sciences solutions, technologies, and services in the Americas, Europe, and Asia, and internationally. The Life Sciences segment provides instruments, reagents, informatics, software, subscriptions, detection, imaging technologies, warranties, training, and services. Its Diagnostics segment provides instruments, reagents, assay platforms, and software products for the early detection of genetic disorders, such as pregnancy and early childhood, as well as infectious disease testing in the diagnostics market.
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