KLP Kapitalforvaltning AS Grows Position in Five Below, Inc. $FIVE

KLP Kapitalforvaltning AS boosted its holdings in Five Below, Inc. (NASDAQ:FIVE) by 12.8% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,300 shares of the specialty retailer’s stock after acquiring an additional 1,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in Five Below were worth $1,614,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of FIVE. Jump Financial LLC grew its holdings in Five Below by 41.3% in the first quarter. Jump Financial LLC now owns 159,433 shares of the specialty retailer’s stock valued at $11,946,000 after purchasing an additional 46,586 shares during the last quarter. Summit Trail Advisors LLC acquired a new stake in Five Below in the first quarter valued at $247,000. PNC Financial Services Group Inc. grew its holdings in Five Below by 2.4% in the first quarter. PNC Financial Services Group Inc. now owns 6,681 shares of the specialty retailer’s stock valued at $501,000 after purchasing an additional 155 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in Five Below by 100.8% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 14,459 shares of the specialty retailer’s stock valued at $1,083,000 after purchasing an additional 7,258 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC grew its holdings in Five Below by 122.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 242,509 shares of the specialty retailer’s stock valued at $18,547,000 after purchasing an additional 133,698 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on FIVE shares. Weiss Ratings reissued a “hold (c)” rating on shares of Five Below in a report on Wednesday, October 8th. Mizuho upped their price objective on Five Below from $132.00 to $150.00 and gave the company a “neutral” rating in a research report on Thursday, August 28th. Wells Fargo & Company upped their price objective on Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, August 28th. Loop Capital upgraded Five Below from a “hold” rating to a “buy” rating and upped their price objective for the company from $130.00 to $165.00 in a research report on Tuesday, August 12th. Finally, Telsey Advisory Group restated an “outperform” rating and issued a $170.00 price objective on shares of Five Below in a research report on Thursday, October 2nd. Nine equities research 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $150.21.

Five Below Trading Up 9.2%

NASDAQ FIVE opened at $151.18 on Tuesday. The company has a market capitalization of $8.34 billion, a PE ratio of 30.60, a price-to-earnings-growth ratio of 2.02 and a beta of 1.18. The business’s 50-day moving average price is $146.34 and its 200 day moving average price is $120.47. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $157.54.

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

Insider Activity

In other Five Below news, EVP Ronald James Masciantonio sold 818 shares of the company’s stock in a transaction dated Friday, August 29th. The stock was sold at an average price of $146.41, for a total transaction of $119,763.38. Following the completion of the sale, the executive vice president directly owned 9,858 shares in the company, valued at $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider George Hill sold 1,500 shares of the company’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 sale, the insider owned 42,672 shares of the company’s stock, valued at $5,974,080. This represents a 3.40% decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.90% of the company’s stock.

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.