Deutsche Bank AG Invests $35.85 Million in Five Below, Inc. $FIVE

Key Points

• Deutsche Bank acquired 199,394 Five Below shares worth approximately $35.85 million, representing about 0.36% of the retailer at the end of the latest reporting period.
• Analysts maintain a Moderate Buy consensus, with 20 of 32 analysts rating the stock Buy or Strong Buy and an average price target of $262.80.
• Five Below exceeded quarterly expectations with $2.22 in earnings per share versus the $1.77 consensus and $1.29 billion in revenue, up 32.5% year over year.

Deutsche Bank AG bought a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 199,394 shares of the specialty retailer's stock, valued at approximately $35,849,000. Deutsche Bank AG owned about 0.36% of Five Below at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its holdings in shares of Five Below by 143.0% in the first quarter. NewEdge Advisors LLC now owns 1,096 shares of the specialty retailer's stock valued at $82,000 after purchasing an additional 645 shares in the last quarter. United Services Automobile Association bought a new position in Five Below during the 1st quarter valued at $268,000. Empowered Funds LLC purchased a new position in Five Below during the 1st quarter worth $1,416,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Five Below by 13.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 184,518 shares of the specialty retailer's stock worth $13,825,000 after acquiring an additional 21,625 shares during the last quarter. Finally, Focus Partners Wealth grew its stake in shares of Five Below by 63.8% in the 1st quarter. Focus Partners Wealth now owns 3,858 shares of the specialty retailer's stock worth $289,000 after acquiring an additional 1,503 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Citigroup upgraded shares of Five Below from a "hold" rating to a "buy" rating in a report on Thursday, August 13th. Evercore set a $215.00 price target on Five Below in a report on Tuesday, July 7th. HSBC raised Five Below to a "hold" rating in a research report on Tuesday, July 21st. Benchmark began coverage on shares of Five Below in a research note on Thursday, August 13th. They issued a "buy" rating on the stock. Finally, Wolfe Research downgraded Five Below from an "outperform" rating to a "peer perform" rating in a research note on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $262.80.

Five Below Price Performance

Shares of FIVE opened at $250.24 on Friday. The firm has a market cap of $13.84 billion, a P/E ratio of 31.60, a P/E/G ratio of 1.24 and a beta of 0.98. The stock has a 50 day simple moving average of $206.24 and a two-hundred day simple moving average of $214.45. Five Below, Inc. has a 1 year low of $137.77 and a 1 year high of $251.63.

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 the consensus estimate of $1.77 by $0.45. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The business had revenue of $1.29 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the firm posted $0.86 earnings per share. 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, equities analysts anticipate that Five Below, Inc. will post 9.08 earnings per share for the current 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.

Want to see what other hedge funds are holding FIVE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Five Below, Inc. (NASDAQ:FIVE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source