Acadian Asset Management LLC Makes New Investment in Five Below, Inc. $FIVE

Key Points

• Acadian Asset Management LLC has acquired a new stake in Five Below, Inc., purchasing 39,353 shares valued at approximately $2.94 million in the first quarter.
• Multiple institutional investors, including Federated Hermes Inc. and American Century Companies Inc., have significantly increased their holdings in Five Below during the same period.
• Five Below reported a 23.7% increase in revenue year-over-year, with earnings per share of $0.81, surpassing analyst expectations of $0.61.

Acadian Asset Management LLC bought a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 39,353 shares of the specialty retailer's stock, valued at approximately $2,946,000. Acadian Asset Management LLC owned about 0.07% of Five Below at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in FIVE. Federated Hermes Inc. lifted its holdings in shares of Five Below by 26,340.9% during the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock worth $111,337,000 after purchasing an additional 1,480,361 shares during the period. American Century Companies Inc. boosted its holdings in Five Below by 494.5% in the first quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock valued at $88,042,000 after acquiring an additional 977,411 shares during the last quarter. AQR Capital Management LLC increased its position in Five Below by 433.1% during the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer's stock valued at $54,668,000 after purchasing an additional 626,077 shares during the period. Junto Capital Management LP acquired a new stake in shares of Five Below during the first quarter worth $32,788,000. Finally, Vanguard Group Inc. raised its stake in Five Below by 7.5% during the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock worth $406,430,000 after buying an additional 376,932 shares during the last quarter.

Insiders Place Their Bets

In other news, CAO Eric M. Specter sold 5,500 shares of the business's stock in a transaction that occurred on Thursday, June 26th. The shares were sold at an average price of $130.77, for a total value of $719,235.00. Following the completion of the sale, the chief accounting officer directly owned 55,854 shares in the company, valued at approximately $7,304,027.58. The trade was a 8.96% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ronald James Masciantonio sold 818 shares of the company's stock in a transaction on Friday, August 29th. The shares were sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the sale, the executive vice president directly owned 9,858 shares of the company's stock, valued at $1,443,309.78. This trade represents a 7.66% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 7,818 shares of company stock valued at $1,048,998. 1.90% of the stock is currently owned by corporate insiders.

Five Below Stock Up 5.0%

NASDAQ FIVE opened at $146.96 on Tuesday. The stock's 50-day simple moving average is $139.79 and its two-hundred day simple moving average is $110.03. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $155.34. The company has a market capitalization of $8.10 billion, a price-to-earnings ratio of 29.75, a PEG ratio of 2.04 and a beta of 1.09.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, beating the consensus estimate of $0.61 by $0.20. The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company's revenue was up 23.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.54 EPS. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. On average, equities analysts expect that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Morgan Stanley upped their price target on shares of Five Below from $135.00 to $160.00 and gave the company an "equal weight" rating in a research report on Thursday, August 28th. Bank of America lifted their price target on shares of Five Below from $93.00 to $110.00 and gave the company an "underperform" rating in a research note on Thursday, August 28th. Wells Fargo & Company increased their price objective on shares of Five Below from $140.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, August 28th. Truist Financial upped their price target on Five Below from $141.00 to $148.00 and gave the stock a "hold" rating in a research note on Thursday, August 28th. Finally, Mizuho boosted their price objective on Five Below from $132.00 to $150.00 and gave the company a "neutral" rating in a report on Thursday, August 28th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $143.56.

Five Below Company Profile

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.

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