Wellington Management Group LLP increased its stake in life sciences and diagnostics firm Revvity Inc. by 10,653.8% during the second quarter. The firm acquired 857,526 additional shares. Total ownership now stands at approximately 0.78% of the company. The stake carries a market value of approximately $96.3 million.
Royal Bank of Canada upgraded Revvity to a hold rating on September 2, 2026. The company also declared a quarterly dividend of $0.07 per share.
Revvity reported quarterly earnings of $1.41 per share, beating analyst estimates. Revenue for the period reached $729.69 million.