Fifth Third Bancorp Has $137,000 Stock Holdings in Five Below, Inc. $FIVE

Fifth Third Bancorp decreased its position in Five Below, Inc. (NASDAQ:FIVE) by 28.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 1,046 shares of the specialty retailer’s stock after selling 425 shares during the period. Fifth Third Bancorp’s holdings in Five Below were worth $137,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of FIVE. Byrne Asset Management LLC bought a new stake in Five Below in the 1st quarter valued at approximately $29,000. Caitong International Asset Management Co. Ltd lifted its stake in Five Below by 1,097.4% in the 1st 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 in the last quarter. Bessemer Group Inc. lifted its stake in Five Below by 246.9% in the 1st quarter. Bessemer Group Inc. now owns 496 shares of the specialty retailer’s stock valued at $37,000 after acquiring an additional 353 shares in the last quarter. UMB Bank n.a. lifted its stake in Five Below by 61.7% in the 1st 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 in the last quarter. Finally, Parallel Advisors LLC lifted its stake in Five Below by 68.4% in the 2nd quarter. Parallel Advisors LLC now owns 532 shares of the specialty retailer’s stock valued at $70,000 after acquiring an additional 216 shares in the last quarter.

Five Below Trading Up 0.3%

NASDAQ:FIVE opened at $155.18 on Thursday. The stock has a market cap of $8.56 billion, a P/E ratio of 31.41, a PEG ratio of 2.26 and a beta of 1.18. The stock has a 50 day simple moving average of $144.21 and a 200 day simple moving average of $115.73. Five Below, Inc. has a 1-year low of $52.38 and a 1-year high of $156.51.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.20. The firm had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The company’s quarterly revenue was up 23.7% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.54 EPS. Five Below has set its FY 2025 guidance at 4.760-5.160 EPS. Q3 2025 guidance at 0.120-0.240 EPS. As a group, sell-side analysts forecast that Five Below, Inc. will post 4.93 EPS for the current year.

Insider Buying and Selling at Five Below

In other Five Below 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 value of $210,000.00. Following the completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Ronald James Masciantonio sold 818 shares of Five Below stock in a transaction on 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 transaction, the executive vice president directly owned 9,858 shares of the company’s stock, valued at $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.90% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FIVE. Evercore ISI raised their price target on Five Below from $132.00 to $134.00 and gave the company an “in-line” rating in a research note on Tuesday, August 26th. UBS Group raised their price target on Five Below from $160.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Wall Street Zen upgraded Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, August 30th. Wells Fargo & Company raised their price target on Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. Finally, Barclays set a $135.00 price target on Five Below in a research note on Thursday, August 28th. Nine equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $149.00.

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.