Bank of New York Mellon Corp lowered its holdings in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) by 1.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 382,832 shares of the specialty retailer’s stock after selling 6,557 shares during the period. Bank of New York Mellon Corp’s holdings in Five Below were worth $72,110,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently modified their holdings of the business. Global Retirement Partners LLC raised its holdings in shares of Five Below by 1.5% during the 4th quarter. Global Retirement Partners LLC now owns 3,264 shares of the specialty retailer’s stock worth $615,000 after buying an additional 49 shares in the last quarter. Optimize Financial Inc raised its holdings in shares of Five Below by 1.4% during the 4th quarter. Optimize Financial Inc now owns 3,948 shares of the specialty retailer’s stock worth $744,000 after buying an additional 56 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of Five Below by 1.6% during the 4th quarter. Benjamin Edwards Inc. now owns 3,743 shares of the specialty retailer’s stock worth $705,000 after buying an additional 60 shares in the last quarter. Northwestern Mutual Investment Management Company LLC raised its holdings in shares of Five Below by 0.5% during the 4th quarter. Northwestern Mutual Investment Management Company LLC now owns 12,338 shares of the specialty retailer’s stock worth $2,324,000 after buying an additional 66 shares in the last quarter. Finally, CI Investments Inc. raised its holdings 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 in the last quarter.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on FIVE. UBS Group restated a “buy” rating and set a $285.00 price objective on shares of Five Below in a research report on Thursday, June 4th. Mizuho reduced their price objective on Five Below from $240.00 to $225.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. Craig Hallum boosted their price objective on Five Below from $255.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Sanford C. Bernstein boosted their price objective on Five Below from $243.00 to $247.00 and gave the stock a “market perform” rating in a research report on Thursday, June 4th. Finally, Wells Fargo & Company boosted their price objective on Five Below from $220.00 to $260.00 and gave the stock an “overweight” rating in a research report on Thursday, March 19th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, Five Below presently has a consensus rating of “Moderate Buy” and a consensus target price of $254.40.
Insider Buying and Selling
In related news, Director Ronald Sargent sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, March 23rd. The stock was sold at an average price of $231.28, for a total transaction of $2,312,800.00. Following the transaction, the director directly owned 83,674 shares of the company’s stock, valued at approximately $19,352,122.72. This represents a 10.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Kenneth R. Bull sold 10,000 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $234.14, for a total value of $2,341,400.00. Following the completion of the sale, the chief operating officer directly owned 92,531 shares of the company’s stock, valued at approximately $21,665,208.34. This trade represents a 9.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.96% of the stock is currently owned by corporate insiders.
Five Below Price Performance
Shares of Five Below stock opened at $190.83 on Wednesday. The stock’s 50-day moving average is $222.58 and its 200 day moving average is $206.24. Five Below, Inc. has a one year low of $121.11 and a one year high of $251.63. The firm has a market cap of $10.55 billion, a price-to-earnings ratio of 24.09, a PEG ratio of 0.99 and a beta of 0.97.
Five Below (NASDAQ:FIVE – Get Free Report) last posted its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.77 by $0.45. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The business had revenue of $1.29 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the business earned $0.86 EPS. The firm’s revenue for the quarter 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. On average, sell-side analysts expect that Five Below, Inc. will post 8.96 EPS for the current fiscal year.
Five Below Company Profile
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.
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