Bank of America Corp DE Acquires 144,003 Shares of Five Below, Inc. $FIVE

Key Points

• Bank of America increased its Five Below position by 39% in the first quarter, acquiring 144,003 additional shares and holding 513,362 shares valued at approximately $117.3 million.
• Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and an average price target of $254.05, although several firms recently issued more cautious “neutral” or “sector perform” ratings.
• Five Below reported strong quarterly results, with EPS of $2.22 versus the $1.77 consensus estimate and revenue up 32.5% year over year to $1.29 billion. Shares opened at $231.12, near their 52-week high of $251.63.

Bank of America Corp DE lifted its position in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 39.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 513,362 shares of the specialty retailer's stock after acquiring an additional 144,003 shares during the quarter. Bank of America Corp DE owned approximately 0.93% of Five Below worth $117,293,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bayban purchased a new position in Five Below during the fourth quarter worth about $34,000. V Square Quantitative Management LLC purchased a new stake in shares of Five Below during the 4th quarter valued at $35,000. Advisory Services Network LLC purchased a new stake in shares of Five Below during the 3rd quarter valued at $32,000. Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Five Below by 182.5% during the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 226 shares of the specialty retailer's stock worth $46,000 after acquiring an additional 146 shares during the last quarter. Finally, Whittier Trust Co. grew its position in Five Below by 331.5% in the fourth quarter. Whittier Trust Co. now owns 233 shares of the specialty retailer's stock worth $47,000 after acquiring an additional 179 shares in the last quarter.

Analyst Ratings Changes

A number of equities analysts recently weighed in on FIVE shares. BMO Capital Markets initiated coverage on Five Below in a report on Tuesday, July 21st. They set an "outperform" rating on the stock. Citigroup assumed coverage on Five Below in a report on Thursday, July 9th. They issued a "market perform" rating on the stock. Wolfe Research upgraded Five Below from a "cautious" rating to an "outperform" rating in a research report on Thursday, July 9th. Susquehanna cut Five Below to a "neutral" rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada lowered Five Below to a "sector perform" rating in a research report on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $254.05.

Five Below Price Performance

Shares of Five Below stock opened at $231.12 on Friday. Five Below, Inc. has a 1 year low of $131.40 and a 1 year high of $251.63. The stock has a market cap of $12.78 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.18 and a beta of 0.98. The firm's 50-day moving average is $198.42 and its 200 day moving average is $210.77.

Five Below (NASDAQ:FIVE - Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 EPS for the quarter, beating the consensus estimate of $1.77 by $0.45. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm posted $0.86 earnings per share. The business'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, equities analysts expect that Five Below, Inc. will post 9.08 EPS for the current fiscal year.

Five Below 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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