Five Below, Inc. $FIVE Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group cut its Five Below stake by 84.7% in the third quarter, selling 6,450 shares and retaining 1,165 shares worth about $256,000.
• Five Below reported quarterly earnings of $1.68 per share, above the $1.40 consensus, while revenue rose 22.9% year over year to $1.26 billion.
• Analysts’ consensus rating is “Moderate Buy”, with an average price target of $300.45; 19 analysts rate the stock Buy and 13 rate it Hold.

Sumitomo Mitsui Trust Group Inc. reduced its stake in shares of Five Below, Inc. (NASDAQ:FIVE - Free Report) by 84.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,165 shares of the specialty retailer's stock after selling 6,450 shares during the quarter. Sumitomo Mitsui Trust Group Inc.'s holdings in Five Below were worth $256,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. acquired a new stake in Five Below in the second quarter worth $964,867,000. Wellington Management Group LLP grew its holdings in shares of Five Below by 54.4% in the 2nd quarter. Wellington Management Group LLP now owns 1,811,650 shares of the specialty retailer's stock valued at $325,717,000 after buying an additional 638,049 shares during the period. Bank of America Corp DE bought a new stake in shares of Five Below in the 2nd quarter valued at $70,033,000. Bank of New York Mellon Corp bought a new stake in shares of Five Below in the 2nd quarter valued at $59,425,000. Finally, Freestone Grove Partners LP acquired a new stake in Five Below during the 2nd quarter worth $52,568,000.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Wells Fargo & Company lifted their target price on Five Below from $260.00 to $295.00 and gave the stock an "overweight" rating in a report on Thursday, September 3rd. Benchmark initiated coverage on Five Below in a report on Thursday, August 13th. They issued a "buy" rating for the company. Raymond James Financial raised Five Below to an "outperform" rating in a research report on Tuesday, July 21st. UBS Group reiterated a "buy" rating on shares of Five Below in a report on Friday, October 16th. Finally, Telsey Advisory Group boosted their price objective on Five Below from $280.00 to $305.00 and gave the company an "outperform" rating in a research report on Thursday, September 3rd. Nineteen equities research analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the company. According to data from MarketBeat, Five Below currently has an average rating of "Moderate Buy" and a consensus target price of $300.45.

Insider Activity

In related news, CAO Eric M. Specter sold 5,500 shares of Five Below stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $248.99, for a total transaction of $1,369,445.00. Following the completion of the transaction, the chief accounting officer owned 35,482 shares in the company, valued at approximately $8,834,663.18. This trade represents a 13.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, COO Kenneth R. Bull sold 10,510 shares of the company's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $248.06, for a total value of $2,607,110.60. Following the completion of the sale, the chief operating officer owned 75,064 shares in the company, valued at $18,620,375.84. This represents a 12.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 18,438 shares of company stock valued at $4,580,933 over the last three months. Corporate insiders own 0.96% of the company's stock.

Five Below Stock Up 5.6%

Shares of FIVE opened at $253.76 on Tuesday. The stock has a market capitalization of $13.97 billion, a P/E ratio of 22.78, a P/E/G ratio of 0.97 and a beta of 0.90. Five Below, Inc. has a twelve month low of $143.02 and a twelve month high of $263.88. The company has a 50 day moving average of $231.50 and a 200-day moving average of $218.98.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its quarterly earnings results on Wednesday, September 2nd. The specialty retailer reported $1.68 EPS for the quarter, topping the consensus estimate of $1.40 by $0.28. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The firm had revenue of $1.26 billion for the quarter, compared to analysts' expectations of $1.22 billion. During the same period in the previous year, the firm posted $0.81 EPS. The company's revenue for the quarter was up 22.9% on a year-over-year basis. Five Below has set its Q3 2026 guidance at 1.010-1.130 EPS and its FY 2026 guidance at 9.830-10.310 EPS. On average, sell-side analysts anticipate that Five Below, Inc. will post 10.54 earnings per share for the current fiscal year.

About Five Below

Five Below, Inc is a U.S. discount retailer offering a changing assortment of value-priced products for teens, tweens, and families. Its merchandise spans toys and games, technology accessories, sports and recreation, fashion and accessories, home goods, party supplies, seasonal items, and candy.

The company was founded in 2002 by David Schlessinger and Tom Vellios, and opened its first store in Wayne, Pennsylvania. While its name reflects its original focus on products priced at $5 or less, Five Below has expanded its assortment to include higher-priced items through its Five Beyond offering.

Five Below serves customers through stores across the United States and online.

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