Wasatch Advisors LP Has $186.98 Million Position in Five Below, Inc. $FIVE

Wasatch Advisors LP cut its holdings in Five Below, Inc. (NASDAQ:FIVEFree Report) by 35.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 818,382 shares of the specialty retailer’s stock after selling 450,372 shares during the period. Wasatch Advisors LP’s holdings in Five Below were worth $186,984,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in FIVE. Advisory Services Network LLC bought a new stake in Five Below in the third quarter worth approximately $32,000. Bayban bought a new position in shares of Five Below during the 4th quarter worth approximately $34,000. V Square Quantitative Management LLC bought a new position in shares of Five Below during the 4th quarter worth approximately $35,000. CI Investments Inc. grew its position in shares of Five Below by 44.3% during the 3rd quarter. CI Investments Inc. now owns 241 shares of the specialty retailer’s stock worth $37,000 after buying an additional 74 shares during the period. Finally, Spire Wealth Management acquired a new stake in shares of Five Below during the 4th quarter worth approximately $38,000.

Five Below Stock Performance

Shares of Five Below stock opened at $188.54 on Friday. The stock has a market capitalization of $10.42 billion, a PE ratio of 23.81, a price-to-earnings-growth ratio of 0.99 and a beta of 0.97. Five Below, Inc. has a 52 week low of $126.10 and a 52 week high of $251.63. The stock has a 50 day moving average price of $213.62 and a two-hundred day moving average price of $208.65.

Five Below (NASDAQ:FIVEGet Free Report) last released its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.77 by $0.45. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The firm had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the prior year, the company posted $0.86 earnings per share. The business’s revenue was up 32.5% on a year-over-year basis. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. Research analysts forecast that Five Below, Inc. will post 8.96 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Sanford C. Bernstein lifted their price objective on shares of Five Below from $243.00 to $247.00 and gave the company a “market perform” rating in a research note on Thursday, June 4th. Telsey Advisory Group increased their target price on shares of Five Below from $240.00 to $260.00 and gave the stock an “outperform” rating in a research note on Thursday, March 19th. Bank of America raised their price target on shares of Five Below from $260.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday, March 19th. Wolfe Research downgraded shares of Five Below from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. Finally, Wall Street Zen upgraded shares of Five Below from a “hold” rating to a “buy” rating in a report on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, Five Below has an average rating of “Moderate Buy” and a consensus target price of $254.40.

View Our Latest Stock Analysis on Five Below

Five Below Profile

(Free Report)

Five Below, Inc (NASDAQ:FIVE) is an American specialty discount retailer offering a broad assortment of merchandise priced primarily at $5 or below. Since its founding in 2002 by David Schlessinger and Tom Vellios, the company has pursued a value-focused retail model targeting tweens, teens and beyond, with stores designed to deliver trend-driven products at an accessible price point. Headquartered in Philadelphia, Pennsylvania, Five Below has grown into a national chain operating in dozens of U.S.

Further Reading

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Institutional Ownership by Quarter for Five Below (NASDAQ:FIVE)

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