Sumitomo Mitsui Trust Group Inc. lowered its position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 84.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,165 shares of the specialty retailer’s stock after selling 6,450 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Five Below were worth $256,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of FIVE. Pension & Wealth Management Advisors Inc. bought a new position in Five Below during the third quarter worth about $25,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Five Below in the 2nd quarter worth about $31,000. Elevation Wealth Partners LLC boosted its holdings in Five Below by 966.7% in the 2nd quarter. Elevation Wealth Partners LLC now owns 192 shares of the specialty retailer’s stock valued at $35,000 after purchasing an additional 174 shares during the period. Basecamp Wealth Advisors LLC boosted its holdings in Five Below by 83.8% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 182 shares of the specialty retailer’s stock valued at $42,000 after purchasing an additional 83 shares during the period. Finally, CoreCap Advisors LLC boosted its holdings in Five Below by 60.0% in the 3rd quarter. CoreCap Advisors LLC now owns 200 shares of the specialty retailer’s stock valued at $44,000 after purchasing an additional 75 shares during the period.
Analyst Upgrades and Downgrades
Several research analysts have recently commented on the stock. The Goldman Sachs Group reaffirmed a “buy” rating and set a $306.00 target price on shares of Five Below in a report on Friday, September 25th. Oppenheimer began coverage on Five Below in a research note on Thursday, August 13th. They issued an “outperform” rating for the company. JPMorgan Chase & Co. increased their price target on Five Below from $325.00 to $368.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. UBS Group restated a “buy” rating on shares of Five Below in a research note on Friday, October 16th. Finally, Morgan Stanley raised their price objective on Five Below from $235.00 to $300.00 and gave the stock an “equal weight” rating in a research note on Thursday, September 3rd. Nineteen analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $300.45.
Read Our Latest Analysis on FIVE
Five Below Trading Up 5.6%
NASDAQ FIVE opened at $253.76 on Tuesday. The firm has a market capitalization of $13.97 billion, a price-to-earnings ratio of 22.78, a P/E/G ratio of 0.97 and a beta of 0.90. The firm’s 50 day simple moving average is $231.50 and its 200 day simple moving average is $218.98. Five Below, Inc. has a 1 year low of $143.02 and a 1 year high of $263.88.
Five Below (NASDAQ:FIVE – Get Free Report) last announced its quarterly earnings data on Wednesday, September 2nd. The specialty retailer reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a return on equity of 22.13% and a net margin of 11.65%. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the company earned $0.81 EPS. Five Below’s revenue for the quarter was up 22.9% on a year-over-year basis. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. On average, equities research analysts forecast that Five Below, Inc. will post 10.54 earnings per share for the current year.
Insider Activity at Five Below
In related news, COO Kenneth Bull sold 10,510 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the transaction, the chief operating officer owned 75,064 shares of the company’s stock, valued at $18,620,375.84. This represents a 12.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CMO Jacob Hawkins sold 818 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $248.88, for a total transaction of $203,583.84. Following the completion of the sale, the chief marketing officer owned 3,728 shares in the company, valued at $927,824.64. This represents a 17.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 18,438 shares of company stock valued at $4,580,933. Company insiders own 0.96% of the company’s stock.
Five Below Company Profile
Five Below, Inc is a U.S. discount retailer offering a changing assortment of value-priced products for teens, tweens, and families. Its merchandise spans toys and games, technology accessories, sports and recreation, fashion and accessories, home goods, party supplies, seasonal items, and candy.
The company was founded in 2002 by David Schlessinger and Tom Vellios, and opened its first store in Wayne, Pennsylvania. While its name reflects its original focus on products priced at $5 or less, Five Below has expanded its assortment to include higher-priced items through its Five Beyond offering.
Five Below serves customers through stores across the United States and online.
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