Louisiana State Employees Retirement System increased its position in Five Below, Inc. (NASDAQ:FIVE – Free Report) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,500 shares of the specialty retailer’s stock after purchasing an additional 100 shares during the quarter. Louisiana State Employees Retirement System’s holdings in Five Below were worth $2,033,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIVE. Federated Hermes Inc. increased its position in Five Below by 26,340.9% in the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock worth $111,337,000 after purchasing an additional 1,480,361 shares during the period. American Century Companies Inc. increased its position in Five Below by 494.5% in the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock worth $88,042,000 after purchasing an additional 977,411 shares during the period. AQR Capital Management LLC boosted its holdings in Five Below by 433.1% during the first quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock worth $54,668,000 after buying an additional 626,077 shares during the last quarter. Junto Capital Management LP bought a new position in Five Below during the first quarter worth about $32,788,000. Finally, Vanguard Group Inc. boosted its holdings in Five Below by 7.5% during the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock worth $406,430,000 after buying an additional 376,932 shares during the last quarter.
Analysts Set New Price Targets
A number of equities analysts have issued reports on FIVE shares. Wolfe Research started coverage on Five Below in a report on Thursday, September 18th. They set an “outperform” rating and a $187.00 target price on the stock. UBS Group raised their target price on Five Below from $160.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Citigroup raised their target price on Five Below from $142.00 to $152.00 and gave the stock a “neutral” rating in a report on Thursday, August 28th. Craig Hallum raised their target price on Five Below from $164.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, August 28th. Finally, Evercore ISI raised their target price on Five Below from $150.00 to $157.00 and gave the stock an “in-line” rating in a report on Thursday, October 2nd. Nine analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $150.21.
Five Below Price Performance
NASDAQ:FIVE opened at $138.49 on Friday. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $157.54. The stock has a market capitalization of $7.64 billion, a PE ratio of 28.03, a price-to-earnings-growth ratio of 2.02 and a beta of 1.18. The business’s 50-day simple moving average is $146.05 and its 200-day simple moving average is $119.64.
Five Below (NASDAQ:FIVE – Get Free Report) last released its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $988.91 million. During the same quarter in the previous year, the business posted $0.54 EPS. Five Below’s revenue for the quarter was up 23.7% on a year-over-year basis. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. On average, research analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current year.
Insider Activity at Five Below
In other Five Below news, insider George Hill sold 1,500 shares of the business’s stock in a transaction that occurred on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total value of $210,000.00. Following the sale, the insider owned 42,672 shares in the company, valued at approximately $5,974,080. The trade was a 3.40% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ronald James Masciantonio sold 818 shares of the business’s stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the sale, the executive vice president owned 9,858 shares in the company, valued at $1,443,309.78. The trade was a 7.66% decrease in their position. The disclosure for this sale can be found here. Insiders own 1.90% of the company’s stock.
About Five Below
Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.
See Also
- Five stocks we like better than Five Below
- ESG Stocks, What Investors Should Know
- Bassett Furniture: Buy Now, Sit Back, and Collect Dividends
- What is the NASDAQ Stock Exchange?
- AST SpaceMobile’s Big Win: Shares Soar on New Deal With Verizon
- Stock Trading Terms – Stock Terms Every Investor Needs to Know
- Catch the Next Bitcoin Rally With These 3 ETFs
Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVE – Free Report).
Receive News & Ratings for Five Below Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Five Below and related companies with MarketBeat.com's FREE daily email newsletter.