Madison Asset Management LLC Acquires New Holdings in Revolve Group, Inc. $RVLV

Key Points

• Madison Asset Management acquired 128,699 Revolve Group shares worth approximately $2.95 million, joining other institutional investors that have increased their positions. Institutional investors collectively own 67.6% of RVLV.
• Revolve Group reported quarterly EPS of $0.26, exceeding estimates of $0.21, while revenue rose 12.5% year over year to $347.4 million and surpassed expectations.
• Analysts maintain a “Moderate Buy” consensus rating with an average price target of $30.08, compared with the stock’s recent price of $24.11.

Madison Asset Management LLC bought a new position in shares of Revolve Group, Inc. (NYSE:RVLV - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 128,699 shares of the company's stock, valued at approximately $2,946,000. Madison Asset Management LLC owned 0.18% of Revolve Group at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of RVLV. Vanguard Group Inc. grew its position in shares of Revolve Group by 9.2% during the 4th quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company's stock valued at $129,795,000 after purchasing an additional 360,598 shares in the last quarter. William Blair Investment Management LLC raised its position in shares of Revolve Group by 16.6% in the fourth quarter. William Blair Investment Management LLC now owns 2,148,125 shares of the company's stock worth $64,852,000 after buying an additional 306,547 shares in the last quarter. Cooper Creek Partners Management LLC raised its position in shares of Revolve Group by 36.7% in the first quarter. Cooper Creek Partners Management LLC now owns 2,069,237 shares of the company's stock worth $46,785,000 after buying an additional 555,153 shares in the last quarter. Fuller & Thaler Asset Management Inc. bought a new stake in Revolve Group during the fourth quarter valued at $59,421,000. Finally, Balyasny Asset Management L.P. boosted its stake in Revolve Group by 55.7% during the fourth quarter. Balyasny Asset Management L.P. now owns 1,862,955 shares of the company's stock valued at $56,243,000 after buying an additional 666,784 shares during the period. 67.60% of the stock is currently owned by hedge funds and other institutional investors.

Revolve Group Trading Up 1.0%

RVLV opened at $24.11 on Friday. The stock has a market capitalization of $1.71 billion, a P/E ratio of 23.87, a PEG ratio of 2.97 and a beta of 1.60. The stock has a 50-day moving average price of $23.74 and a 200-day moving average price of $23.34. Revolve Group, Inc. has a 12-month low of $17.35 and a 12-month high of $31.68.

Revolve Group (NYSE:RVLV - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.26 earnings per share for the quarter, topping 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 the consensus estimate of $341.91 million. During the same quarter in the previous year, the company posted $0.14 EPS. Revolve Group's quarterly revenue was up 12.5% compared to the same quarter last year. On average, equities research analysts predict that Revolve Group, Inc. will post 0.82 EPS for the current year.

Wall Street Analysts Forecast Growth

RVLV has been the topic of a number of research analyst reports. Wall Street Zen lowered Revolve Group from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Barclays cut their price objective on Revolve Group from $28.00 to $26.00 and set an "equal weight" rating for the company in a report on Thursday, May 7th. TD Cowen upped their price objective on shares of Revolve Group from $28.00 to $31.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. UBS Group raised their target price on shares of Revolve Group from $28.00 to $29.00 and gave the company a "neutral" rating in a research note on Wednesday, August 5th. Finally, Piper Sandler lifted their target price on shares of Revolve Group from $27.00 to $30.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Seven research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $30.08.

Revolve Group Profile

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.

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