Legal & General Group Plc Purchases New Holdings in Five Below, Inc. $FIVE

Key Points

• Legal & General Group purchased 74,948 Five Below shares worth approximately $13.5 million, giving it a 0.14% stake. Other institutional investors, including Norges Bank and California Public Employees Retirement System, also increased or initiated positions.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $265.10 price target, although some firms recently lowered targets or downgraded the stock.
• Five Below reported strong quarterly results, with earnings of $2.22 per share versus the $1.77 consensus and revenue of $1.29 billion, up 32.5% year over year. The stock opened at $241.89, near its 52-week high of $263.88.

Legal & General Group Plc acquired a new position in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 74,948 shares of the specialty retailer's stock, valued at approximately $13,475,000. Legal & General Group Plc owned 0.14% of Five Below at the end of the most recent reporting period.

Several other large investors have also modified their holdings of FIVE. Castleark Management LLC increased its stake in Five Below by 27.8% in the fourth quarter. Castleark Management LLC now owns 48,340 shares of the specialty retailer's stock worth $9,105,000 after purchasing an additional 10,520 shares during the period. Mach 1 Financial Group LLC purchased a new stake in shares of Five Below during the fourth quarter valued at $911,000. California Public Employees Retirement System grew its holdings in shares of Five Below by 10.0% in the first quarter. California Public Employees Retirement System now owns 106,692 shares of the specialty retailer's stock worth $24,377,000 after purchasing an additional 9,682 shares during the last quarter. Lisanti Capital Growth LLC grew its holdings in shares of Five Below by 48.4% in the fourth quarter. Lisanti Capital Growth LLC now owns 43,844 shares of the specialty retailer's stock worth $8,258,000 after purchasing an additional 14,305 shares during the last quarter. Finally, Norges Bank purchased a new position in Five Below in the 4th quarter worth about $182,786,000.

Wall Street Analysts Forecast Growth

FIVE has been the subject of several research reports. Wolfe Research cut shares of Five Below from an "outperform" rating to a "peer perform" rating in a research report on Thursday, August 13th. Guggenheim decreased their price target on shares of Five Below from $260.00 to $250.00 and set a "buy" rating for the company in a research note on Monday, June 8th. BMO Capital Markets initiated coverage on Five Below in a report on Tuesday, July 21st. They issued an "outperform" rating for the company. Sanford C. Bernstein raised Five Below from a "market perform" rating to an "outperform" rating and increased their price objective for the stock from $247.00 to $250.00 in a research note on Tuesday, July 21st. Finally, Barclays reduced their price objective on Five Below from $240.00 to $224.00 and set an "equal weight" rating on the stock in a report on Friday, June 5th. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, Five Below presently has a consensus rating of "Moderate Buy" and a consensus price target of $265.10.

Five Below Stock Performance

NASDAQ FIVE opened at $241.89 on Monday. The company has a market cap of $13.37 billion, a PE ratio of 30.54, a P/E/G ratio of 1.25 and a beta of 0.98. The firm's 50 day moving average price is $212.35 and its 200-day moving average price is $216.48. Five Below, Inc. has a 52-week low of $137.77 and a 52-week high of $263.88.

Five Below (NASDAQ:FIVE - Get Free Report) last posted its earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.77 by $0.45. The company had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.Five Below's revenue was up 32.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.86 earnings per share. 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, analysts forecast that Five Below, Inc. will post 9.19 earnings per share 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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