Engineers Gate Manager LP cut its stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) by 11.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 82,871 shares of the specialty retailer's stock after selling 10,346 shares during the period. Engineers Gate Manager LP owned approximately 0.15% of Five Below worth $14,899,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FIVE. Northwestern Mutual Wealth Management Co. lifted its position in Five Below by 40,774,210.3% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer's stock worth $10,445,139,000 after purchasing an additional 55,452,926 shares during the period. California State Teachers Retirement System raised its stake in shares of Five Below by 17,961.6% in the 2nd quarter. California State Teachers Retirement System now owns 11,524,359 shares of the specialty retailer's stock worth $2,071,965,000 after buying an additional 11,460,553 shares in the last quarter. BlackRock Inc. acquired a new stake in shares of Five Below in the second quarter valued at $964,867,000. Wellington Management Group LLP boosted its stake in Five Below by 54.4% during the second 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 in the last quarter. Finally, Marshall Wace LLP grew its holdings in Five Below by 54.6% during the fourth quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer's stock worth $336,254,000 after acquiring an additional 630,710 shares during the period.
Five Below Trading Down 2.7%
NASDAQ FIVE opened at $247.12 on Thursday. Five Below, Inc. has a 1 year low of $137.77 and a 1 year high of $263.88. The company has a market cap of $13.60 billion, a PE ratio of 22.18, a PEG ratio of 1.00 and a beta of 0.99. The stock's 50-day moving average price is $222.31 and its two-hundred day moving average price is $218.68.
Five Below (NASDAQ:FIVE - Get Free Report) last announced its 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. The company had revenue of $1.26 billion during the quarter, compared to analysts' expectations of $1.22 billion. Five Below had a net margin of 11.65% and a return on equity of 22.13%. The business's revenue for the quarter was up 22.9% on a year-over-year basis. During the same period last year, the company posted $0.81 earnings per share. 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. Research analysts forecast that Five Below, Inc. will post 10.27 EPS for the current fiscal year.
Insider Activity at Five Below
In related news, COO Kenneth Bull sold 10,510 shares of the firm'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 transaction, the chief operating officer owned 75,064 shares of the company's stock, valued at approximately $18,620,375.84. This trade represents a 12.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.96% of the company's stock.
Analysts Set New Price Targets
A number of brokerages have weighed in on FIVE. Citigroup upped their price target on shares of Five Below from $235.00 to $265.00 and gave the company a "neutral" rating in a report on Thursday, September 3rd. The Goldman Sachs Group boosted their target price on shares of Five Below from $257.00 to $306.00 and gave the stock a "buy" rating in a report on Friday, September 4th. Royal Bank Of Canada lowered shares of Five Below to a "sector perform" rating in a research note on Thursday, July 9th. Wolfe Research cut shares of Five Below from an "outperform" rating to a "peer perform" rating in a report on Thursday, August 13th. Finally, HSBC upgraded shares of Five Below to a "hold" rating in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and thirteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $300.70.
Read Our Latest Report on Five Below
Five Below Company Profile
(
Free Report)
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.
Further Reading
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).

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