Segall Bryant & Hamill LLC Buys 198,448 Shares of Revolve Group, Inc. $RVLV

Segall Bryant & Hamill LLC grew its stake in shares of Revolve Group, Inc. (NYSE:RVLV) by 63.0% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 513,621 shares of the company’s stock after buying an additional 198,448 shares during the period. Segall Bryant & Hamill LLC’s holdings in Revolve Group were worth $11,613,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Panagora Asset Management Inc. grew its position in Revolve Group by 2.0% during the fourth quarter. Panagora Asset Management Inc. now owns 20,284 shares of the company’s stock worth $612,000 after buying an additional 404 shares in the last quarter. Madison Asset Management LLC raised its holdings in Revolve Group by 0.4% in the 4th quarter. Madison Asset Management LLC now owns 129,686 shares of the company’s stock valued at $3,915,000 after acquiring an additional 486 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Revolve Group by 4.4% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 22,773 shares of the company’s stock worth $489,000 after acquiring an additional 964 shares during the period. Alliancebernstein L.P. lifted its position in shares of Revolve Group by 2.7% in the 3rd quarter. Alliancebernstein L.P. now owns 38,600 shares of the company’s stock worth $822,000 after acquiring an additional 1,000 shares during the period. Finally, Man Group plc grew its holdings in shares of Revolve Group by 0.6% during the 4th quarter. Man Group plc now owns 167,677 shares of the company’s stock worth $5,062,000 after purchasing an additional 1,064 shares in the last quarter. Institutional investors own 67.60% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Wall Street Zen cut Revolve Group from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Morgan Stanley set a $27.00 price target on shares of Revolve Group in a research note 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 on the stock in a report on Wednesday, May 6th. Barclays dropped their price objective on shares of Revolve Group from $28.00 to $26.00 and set an “equal weight” rating for the company in a research note on Thursday, May 7th. Finally, Raymond James Financial set a $28.00 price objective on shares of Revolve Group in a report on Wednesday, May 6th. Seven equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Revolve Group has a consensus rating of “Moderate Buy” and an average price target of $29.33.

Revolve Group Trading Up 0.0%

Shares of RVLV opened at $25.12 on Monday. The stock has a market cap of $1.80 billion, a PE ratio of 28.22, a PEG ratio of 2.72 and a beta of 1.61. Revolve Group, Inc. has a 1 year low of $17.35 and a 1 year high of $31.68. The stock has a 50 day simple moving average of $22.43 and a 200-day simple moving average of $23.87.

Revolve Group (NYSE:RVLV) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.20 EPS for the quarter, beating the consensus estimate of $0.18 by $0.02. Revolve Group had a return on equity of 12.17% and a net margin of 5.05%.The business had revenue of $342.88 million for the quarter, compared to analyst estimates of $328.84 million. During the same quarter in the previous year, the firm earned $0.16 EPS. Revolve Group’s quarterly revenue was up 15.6% on a year-over-year basis. On average, sell-side analysts forecast that Revolve Group, Inc. will post 0.85 EPS for the current fiscal year.

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.