Dimensional Fund Advisors LP Acquires 55,734 Shares of Revolve Group, Inc. $RVLV

Dimensional Fund Advisors LP grew its stake in Revolve Group, Inc. (NYSE:RVLV) by 6.6% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 904,319 shares of the company’s stock after purchasing an additional 55,734 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Revolve Group were worth $20,444,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in RVLV. Vanguard Group Inc. lifted its stake in Revolve Group by 9.2% in the fourth quarter. Vanguard Group Inc. now owns 4,299,273 shares of the company’s stock valued at $129,795,000 after buying an additional 360,598 shares during the period. Wakefield Asset Management LLLP acquired a new position in shares of Revolve Group during the 4th quarter worth about $1,323,000. GW&K Investment Management LLC increased its stake in shares of Revolve Group by 5.7% in the 4th quarter. GW&K Investment Management LLC now owns 797,389 shares of the company’s stock valued at $24,073,000 after acquiring an additional 42,852 shares during the last quarter. Comerica Bank raised its position in shares of Revolve Group by 2,253.8% in the 4th quarter. Comerica Bank now owns 42,250 shares of the company’s stock valued at $1,276,000 after acquiring an additional 40,455 shares during the period. Finally, M&T Bank Corp raised its position in shares of Revolve Group by 133.3% in the 4th quarter. M&T Bank Corp now owns 88,887 shares of the company’s stock valued at $2,683,000 after acquiring an additional 50,785 shares during the period. 67.60% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

RVLV has been the topic of several recent analyst reports. BTIG Research reissued a “buy” rating and set a $35.00 price objective on shares of Revolve Group in a research note on Wednesday, May 6th. Weiss Ratings reiterated a “hold (c)” rating on shares of Revolve Group in a report on Friday, July 17th. Morgan Stanley set a $27.00 price target on shares of Revolve Group in a research report on Wednesday, May 6th. Roth Capital reissued a “buy” rating and issued a $37.00 price target on shares of Revolve Group in a report on Wednesday. Finally, UBS Group upped their price objective on shares of Revolve Group from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday. Seven analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $30.08.

Revolve Group Stock Performance

Shares of RVLV stock opened at $24.67 on Friday. Revolve Group, Inc. has a 52 week low of $17.35 and a 52 week high of $31.68. The company’s 50 day moving average price is $22.90 and its two-hundred day moving average price is $23.72. The company has a market capitalization of $1.77 billion, a P/E ratio of 24.42, a price-to-earnings-growth ratio of 2.73 and a beta of 1.60.

Revolve Group (NYSE:RVLV) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.26 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.05. The company had revenue of $347.41 million during the quarter, compared to the consensus estimate of $341.91 million. Revolve Group had a net margin of 5.54% and a return on equity of 13.38%. The firm’s revenue was up 12.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.14 earnings per share. Analysts forecast that Revolve Group, Inc. will post 0.86 earnings per share for the current 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.