California Public Employees Retirement System Increases Stock Holdings in Five Below, Inc. $FIVE

California Public Employees Retirement System grew its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 10.0% during the first quarter, Holdings Channel reports. The firm owned 106,692 shares of the specialty retailer’s stock after purchasing an additional 9,682 shares during the period. California Public Employees Retirement System’s holdings in Five Below were worth $24,377,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Advisory Services Network LLC purchased a new stake in Five Below in the third quarter valued at $32,000. Bayban purchased a new position in shares of Five Below during the fourth quarter worth about $34,000. V Square Quantitative Management LLC acquired a new stake in shares of Five Below during the fourth quarter worth about $35,000. Spire Wealth Management purchased a new stake in shares of Five Below in the 4th quarter valued at about $38,000. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Five Below in the 3rd quarter valued at about $40,000.

Five Below Stock Performance

Shares of NASDAQ FIVE opened at $204.87 on Thursday. The company’s fifty day moving average is $199.27 and its two-hundred day moving average is $209.52. Five Below, Inc. has a one year low of $130.00 and a one year high of $251.63. The firm has a market capitalization of $11.33 billion, a P/E ratio of 25.87, a PEG ratio of 1.07 and a beta of 1.00.

Five Below (NASDAQ:FIVE) last issued its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.77 by $0.45. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The firm’s quarterly revenue was up 32.5% compared to the same quarter last year. During the same period last year, the company posted $0.86 earnings per share. 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 forecast that Five Below, Inc. will post 9.08 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

FIVE has been the topic of a number of research reports. HSBC upgraded shares of Five Below to a “hold” rating in a research report on Tuesday. BNP Paribas Exane increased their price target on shares of Five Below from $262.00 to $291.00 and gave the stock an “outperform” rating in a research note on Thursday, June 4th. Guggenheim lowered their price objective on shares of Five Below from $260.00 to $250.00 and set a “buy” rating on the stock in a research report on Monday, June 8th. JPMorgan Chase & Co. upped their target price on shares of Five Below from $296.00 to $306.00 and gave the company an “overweight” rating in a report on Monday, May 18th. Finally, Raymond James Financial upgraded shares of Five Below to an “outperform” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $254.05.

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.