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King Luther Capital Management Corp Has $10.45 Million Stake in Revvity Inc. $RVTY
King Luther Capital Management Corp decreased its stake in Revvity Inc. (NYSE:RVTY) by 34.3% in the third quarter, reducing its holdings to 119,216 shares valued at $10.45 million. Despite this, other institutional investors like New York Life Investment Management LLC and Invesco Ltd. increased their positions, with institutional ownership now at 86.65%. Revvity reported strong Q3 earnings, beating analyst estimates, and announced a quarterly dividend and a $1.00 billion share buyback program.