T. Rowe Price (RVTY) reports 16.4% Revvity stake, 18.3M shares under control
Rhea-AI Filing Summary
T. Rowe Price Investment Management, Inc. reports beneficial ownership of common stock of Revvity Inc. as an institutional investment adviser. The firm reports beneficial ownership of 18,269,089 shares of common stock, representing 16.4% of the outstanding class.
T. Rowe Price Investment Management states it has sole voting power over 17,089,376 shares and sole dispositive power over 18,269,089 shares, with no shared voting or dispositive power. The filing explains that dividends and sale proceeds are ultimately for the benefit of its individual and institutional clients, who may revoke delegated discretionary authority.
The disclosure notes that T. Rowe Price Capital Appreciation Fund, for which T. Rowe Price Investment Management serves as investment adviser, holds 11,237,061 shares, representing 10.1% of the class. T. Rowe Price Investment Management expressly denies that this disclosure should be construed as an admission that it is the beneficial owner of the securities.
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Key Terms
beneficially owned financial
sole power to vote financial
sole power to dispose financial
percent of class financial
beneficial owner financial
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