Illinois Municipal Retirement Fund Buys Shares of 10,860 Five Below, Inc. $FIVE

Illinois Municipal Retirement Fund purchased a new stake in Five Below, Inc. (NASDAQ:FIVE) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 10,860 shares of the specialty retailer’s stock, valued at approximately $1,680,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Ballentine Partners LLC grew its position in Five Below by 4.5% in the third quarter. Ballentine Partners LLC now owns 1,858 shares of the specialty retailer’s stock valued at $287,000 after acquiring an additional 80 shares during the last quarter. State of Michigan Retirement System grew its holdings in shares of Five Below by 0.8% during the 2nd quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after purchasing an additional 100 shares during the last quarter. True Wealth Design LLC increased its position in Five Below by 25.2% during the 3rd quarter. True Wealth Design LLC now owns 562 shares of the specialty retailer’s stock worth $87,000 after purchasing an additional 113 shares in the last quarter. Lazard Asset Management LLC lifted its stake in Five Below by 7.9% in the 2nd quarter. Lazard Asset Management LLC now owns 1,633 shares of the specialty retailer’s stock valued at $213,000 after purchasing an additional 120 shares during the last quarter. Finally, Eastern Bank lifted its stake in Five Below by 705.0% in the 3rd quarter. Eastern Bank now owns 161 shares of the specialty retailer’s stock valued at $25,000 after purchasing an additional 141 shares during the last quarter.

Five Below Stock Performance

NASDAQ:FIVE opened at $212.48 on Wednesday. Five Below, Inc. has a fifty-two week low of $52.38 and a fifty-two week high of $212.84. The company has a 50 day simple moving average of $193.21 and a two-hundred day simple moving average of $165.91. The company has a market capitalization of $11.72 billion, a PE ratio of 38.15, a P/E/G ratio of 1.58 and a beta of 1.14.

Five Below (NASDAQ:FIVE) last posted its quarterly earnings data on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.46. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $971.96 million. During the same period in the prior year, the firm posted $0.42 EPS. The company’s quarterly revenue was up 23.1% on a year-over-year basis. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. Research analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the subject of several research analyst reports. Wall Street Zen downgraded shares of Five Below from a “buy” rating to a “hold” rating in a report on Sunday, February 8th. Telsey Advisory Group boosted their price objective on Five Below from $195.00 to $240.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Morgan Stanley increased their target price on Five Below from $190.00 to $220.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. UBS Group set a $255.00 price target on Five Below in a research note on Tuesday, January 13th. Finally, Zacks Research raised Five Below from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Five Below currently has an average rating of “Moderate Buy” and a consensus target price of $204.20.

Insider Activity

In other news, CAO Eric M. Specter sold 8,500 shares of the business’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $201.15, for a total value of $1,709,775.00. Following the transaction, the chief accounting officer directly owned 45,724 shares of the company’s stock, valued at $9,197,382.60. The trade was a 15.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Kathleen S. Barclay sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $182.03, for a total value of $400,466.00. Following the sale, the director directly owned 9,214 shares of the company’s stock, valued at $1,677,224.42. This represents a 19.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 50,769 shares of company stock worth $9,365,308. 1.90% of the stock is owned by insiders.

About Five Below

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.