Maryland State Retirement & Pension System Takes $333,000 Position in Five Below, Inc. $FIVE

Key Points

• The Maryland State Retirement & Pension System has acquired a new stake in Five Below, Inc., purchasing 2,540 shares valued at approximately $333,000.
• Five Below recently reported strong earnings, with a quarterly EPS of $0.81, exceeding analyst estimates of $0.61, and a significant year-over-year revenue increase of 23.7%.
• Analysts have varying ratings for Five Below, with nine rating it as a "Buy" and twelve as a "Hold," and price targets ranging from $148.00 to $184.00.

Maryland State Retirement & Pension System purchased a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,540 shares of the specialty retailer's stock, valued at approximately $333,000.

Several other hedge funds and other institutional investors also recently modified their holdings of FIVE. Vanguard Group Inc. boosted its holdings in shares of Five Below by 7.5% during the 1st quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer's stock valued at $406,430,000 after acquiring an additional 376,932 shares in the last quarter. Federated Hermes Inc. boosted its holdings in shares of Five Below by 26,340.9% during the 1st quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer's stock valued at $111,337,000 after acquiring an additional 1,480,361 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Five Below by 494.5% during the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer's stock valued at $88,042,000 after acquiring an additional 977,411 shares in the last quarter. Samlyn Capital LLC boosted its holdings in shares of Five Below by 3.7% during the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer's stock valued at $83,147,000 after acquiring an additional 39,375 shares in the last quarter. Finally, AQR Capital Management LLC boosted its holdings in shares of Five Below by 433.1% during the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer's stock valued at $54,668,000 after acquiring an additional 626,077 shares in the last quarter.

Five Below Price Performance

Shares of NASDAQ:FIVE opened at $150.00 on Wednesday. Five Below, Inc. has a 1 year low of $52.38 and a 1 year high of $157.54. The company has a market capitalization of $8.27 billion, a price-to-earnings ratio of 30.36, a P/E/G ratio of 2.21 and a beta of 1.18. The business's 50-day moving average is $146.63 and its 200-day moving average is $120.68.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.61 by $0.20. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $988.91 million. During the same period in the previous year, the company posted $0.54 EPS. The firm's revenue was up 23.7% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. Analysts anticipate that Five Below, Inc. will post 4.93 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on FIVE. Truist Financial raised their price objective on Five Below from $141.00 to $148.00 and gave the company a "hold" rating in a report on Thursday, August 28th. Wells Fargo & Company raised their price objective on Five Below from $140.00 to $170.00 and gave the company an "overweight" rating in a report on Thursday, August 28th. Telsey Advisory Group reissued an "outperform" rating and set a $170.00 price objective on shares of Five Below in a report on Thursday, October 2nd. Guggenheim lifted their target price on Five Below from $155.00 to $165.00 and gave the stock a "buy" rating in a report on Friday, August 29th. Finally, UBS Group lifted their target price on Five Below from $160.00 to $184.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Nine analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Five Below has an average rating of "Hold" and an average target price of $150.21.

Insider Transactions at Five Below

In related news, insider George Hill sold 1,500 shares of the business's stock in a transaction dated Thursday, July 17th. The stock was sold at an average price of $140.00, for a total value of $210,000.00. Following the completion of the sale, the insider directly owned 42,672 shares of the company's stock, valued at $5,974,080. The trade was a 3.40% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of the business's stock in a transaction dated Friday, August 29th. The shares were sold at an average price of $146.41, for a total value of $119,763.38. Following the completion of the sale, the executive vice president directly owned 9,858 shares of the company's stock, valued at $1,443,309.78. The trade was a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.90% of the company's stock.

About Five Below

Five Below, Inc operates as a specialty value retailer in the United States. The company offers range of accessories, which includes novelty socks, sunglasses, jewelry, scarves, gloves, hair accessories, athletic tops and bottoms, and t-shirts, as well as nail polish, lip gloss, fragrance, and branded cosmetics; and personalized living space products, such as lamps, posters, frames, fleece blankets, plush items, pillows, candles, incense, lighting, novelty décor, accent furniture, and related items, as well as provides storage options.

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