Madison Asset Management LLC Takes Position in Revolve Group, Inc. $RVLV

Madison Asset Management LLC acquired a new stake in shares of Revolve Group, Inc. (NYSE:RVLV) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 128,699 shares of the company’s stock, valued at approximately $2,946,000.

Several other large investors have also recently modified their holdings of the stock. Gradient Investments LLC bought a new stake in shares of Revolve Group in the 2nd quarter valued at about $1,437,000. Segall Bryant & Hamill LLC grew its position in Revolve Group by 63.0% during the 1st quarter. Segall Bryant & Hamill LLC now owns 513,621 shares of the company’s stock worth $11,613,000 after acquiring an additional 198,448 shares during the last quarter. Bank of America Corp DE increased its stake in Revolve Group by 48.2% in the 1st quarter. Bank of America Corp DE now owns 624,985 shares of the company’s stock worth $14,131,000 after purchasing an additional 203,216 shares during the period. California State Teachers Retirement System increased its stake in Revolve Group by 51.3% in the 1st quarter. California State Teachers Retirement System now owns 57,682 shares of the company’s stock worth $1,304,000 after purchasing an additional 19,546 shares during the period. Finally, Royal Bank of Canada lifted its position in Revolve Group by 7.8% in the first quarter. Royal Bank of Canada now owns 26,400 shares of the company’s stock valued at $597,000 after purchasing an additional 1,904 shares during the last quarter. Hedge funds and other institutional investors own 67.60% of the company’s stock.

Revolve Group Stock Performance

RVLV stock opened at $24.11 on Friday. Revolve Group, Inc. has a fifty-two week low of $17.35 and a fifty-two week high of $31.68. The company has a market capitalization of $1.71 billion, a price-to-earnings ratio of 23.87, a price-to-earnings-growth ratio of 2.97 and a beta of 1.60. The business’s 50 day moving average price is $23.74 and its two-hundred day moving average price is $23.34.

Revolve Group (NYSE:RVLV) last released its earnings results on Tuesday, August 4th. The company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.05. Revolve Group had a return on equity of 13.38% and a net margin of 5.54%.The company had revenue of $347.41 million during the quarter, compared to analysts’ expectations of $341.91 million. During the same quarter last year, the business posted $0.14 EPS. The firm’s revenue for the quarter was up 12.5% compared to the same quarter last year. Sell-side analysts forecast that Revolve Group, Inc. will post 0.82 earnings per share for the current year.

Analyst Ratings Changes

RVLV has been the subject of a number of analyst reports. Weiss Ratings raised Revolve Group from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday. Morgan Stanley set a $27.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. KeyCorp lowered their price target on shares of Revolve Group from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, May 6th. Wall Street Zen lowered shares of Revolve Group from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Robert W. Baird set a $28.00 price target on shares of Revolve Group in a report on Wednesday, May 6th. Seven analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $30.08.

About Revolve Group

Revolve Group, Inc operates as a leading online fashion retailer primarily serving millennial and Gen Z consumers through its flagship e-commerce platform. The company offers a curated assortment of apparel, accessories and beauty products from more than 500 established and emerging brands, alongside private label labels covering contemporary and premium segments. With a focus on trend-driven merchandise and seamless user experience, the website features shoppable editorial content and digital styling advice aimed at strengthening customer engagement and brand loyalty.

Founded in 2003 and headquartered in Cerritos, California, Revolve has expanded its footprint beyond North America by launching localized sites and logistics centers in Europe and the Middle East.