Northwest & Ethical Investments L.P. Buys New Position in Five Below, Inc. $FIVE

Key Points

• Northwest & Ethical Investments L.P. acquired a new stake in Five Below, Inc. during the first quarter, purchasing 3,710 shares valued at approximately $278,000.
• Analysts have raised their price targets for Five Below, with Goldman Sachs setting the target at $135 and JPMorgan Chase at $154, reflecting a generally positive outlook on the stock.
• Five Below recently reported a significant 19.5% year-over-year revenue increase, achieving $970.53 million for the quarter, which surpassed analysts' expectations.

Northwest & Ethical Investments L.P. bought a new stake in Five Below, Inc. (NASDAQ:FIVE - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,710 shares of the specialty retailer's stock, valued at approximately $278,000.

Several other institutional investors have also added to or reduced their stakes in FIVE. Byrne Asset Management LLC bought a new stake in Five Below in the first quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd boosted its holdings in Five Below by 1,097.4% in the first quarter. Caitong International Asset Management Co. Ltd now owns 455 shares of the specialty retailer's stock valued at $34,000 after acquiring an additional 417 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Five Below by 246.9% in the first quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer's stock valued at $37,000 after acquiring an additional 353 shares during the last quarter. UMB Bank n.a. boosted its holdings in Five Below by 61.7% in the first quarter. UMB Bank n.a. now owns 540 shares of the specialty retailer's stock valued at $40,000 after acquiring an additional 206 shares during the last quarter. Finally, Coppell Advisory Solutions LLC boosted its holdings in Five Below by 143.8% in the fourth quarter. Coppell Advisory Solutions LLC now owns 429 shares of the specialty retailer's stock valued at $45,000 after acquiring an additional 253 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. The Goldman Sachs Group upped their target price on Five Below from $122.00 to $135.00 and gave the company a "buy" rating in a report on Wednesday, June 25th. JPMorgan Chase & Co. increased their price target on Five Below from $105.00 to $154.00 and gave the stock a "neutral" rating in a report on Monday, July 21st. Mizuho increased their price target on Five Below from $115.00 to $132.00 and gave the stock a "neutral" rating in a report on Tuesday. Evercore ISI increased their price target on Five Below from $129.00 to $132.00 and gave the stock an "in-line" rating in a report on Tuesday, August 12th. Finally, Morgan Stanley increased their price target on Five Below from $110.00 to $135.00 and gave the stock an "equal weight" rating in a report on Thursday, June 5th. Seven investment analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average target price of $123.53.

Five Below Stock Down 1.6%

Shares of FIVE opened at $139.28 on Thursday. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $143.88. The business's fifty day moving average is $133.10 and its 200 day moving average is $102.80. The stock has a market cap of $7.67 billion, a P/E ratio of 29.20 and a beta of 1.06.

Five Below (NASDAQ:FIVE - Get Free Report) last issued its earnings results on Wednesday, June 4th. The specialty retailer reported $0.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.83 by $0.03. Five Below had a return on equity of 17.00% and a net margin of 6.52%.The company had revenue of $970.53 million for the quarter, compared to analysts' expectations of $966.29 million. During the same period last year, the business earned $0.60 EPS. Five Below's quarterly revenue was up 19.5% compared to the same quarter last year. Five Below has set its FY 2025 guidance at 4.250-4.720 EPS. Q2 2025 guidance at 0.500-0.620 EPS. On average, analysts expect that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Activity at Five Below

In other news, insider George Hill sold 1,500 shares of Five Below stock in a transaction on Thursday, July 17th. The stock was sold at an average price of $140.00, for a total transaction of $210,000.00. Following the sale, the insider directly owned 42,672 shares in the company, valued at $5,974,080. The trade was a 3.40% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Amit Jhunjhunwala sold 1,700 shares of Five Below stock in a transaction dated Monday, June 16th. The stock was sold at an average price of $125.17, for a total value of $212,789.00. Following the completion of the sale, the insider directly owned 25,890 shares of the company's stock, valued at approximately $3,240,651.30. This trade represents a 6.16% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders sold 13,200 shares of company stock valued at $1,740,209. 1.90% of the stock is owned by insiders.

Five Below Company Profile

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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