Bank of New York Mellon Corp Cuts Position in Five Below, Inc. $FIVE

Bank of New York Mellon Corp decreased its holdings in shares of Five Below, Inc. (NASDAQ:FIVE) by 3.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 368,267 shares of the specialty retailer’s stock after selling 14,565 shares during the quarter. Bank of New York Mellon Corp’s holdings in Five Below were worth $84,142,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Advisory Services Network LLC purchased a new stake in shares of Five Below in the third quarter worth about $32,000. Bayban acquired a new position in Five Below during the 4th quarter worth approximately $34,000. V Square Quantitative Management LLC purchased a new position in Five Below in the 4th quarter worth approximately $35,000. Spire Wealth Management acquired a new stake in Five Below in the fourth quarter valued at approximately $38,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Five Below during the third quarter valued at approximately $40,000.

Analyst Ratings Changes

Several research analysts have recently weighed in on FIVE shares. Barclays decreased their target price on shares of Five Below from $240.00 to $224.00 and set an “equal weight” rating for the company in a research note on Friday, June 5th. Guggenheim dropped their target price on shares of Five Below from $260.00 to $250.00 and set a “buy” rating for the company in a research report on Monday, June 8th. Citigroup assumed coverage on Five Below in a report on Thursday, July 9th. They issued a “market perform” rating for the company. Truist Financial increased their target price on shares of Five Below from $261.00 to $265.00 and gave the stock a “buy” rating in a report on Wednesday, May 27th. Finally, Craig Hallum raised their price target on shares of Five Below from $255.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $254.05.

Five Below Trading Down 0.2%

Shares of NASDAQ FIVE opened at $203.71 on Wednesday. The company has a market cap of $11.26 billion, a price-to-earnings ratio of 25.72, a price-to-earnings-growth ratio of 1.08 and a beta of 1.00. Five Below, Inc. has a 12-month low of $130.00 and a 12-month high of $251.63. The stock’s 50 day simple moving average is $199.37 and its 200 day simple moving average is $209.41.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.45. The firm had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm’s revenue was up 32.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.86 EPS. 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. As a group, equities analysts forecast that Five Below, Inc. will post 9.01 earnings per share for the current fiscal year.

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.