Illinois Municipal Retirement Fund Takes Position in Five Below, Inc. $FIVE

Illinois Municipal Retirement Fund bought a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 10,860 shares of the specialty retailer’s stock, valued at approximately $1,680,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its stake in shares of Five Below by 31.1% during the 2nd quarter. American Century Companies Inc. now owns 1,540,501 shares of the specialty retailer’s stock worth $202,083,000 after purchasing an additional 365,426 shares during the last quarter. Federated Hermes Inc. lifted its stake in Five Below by 0.7% in the 2nd quarter. Federated Hermes Inc. now owns 1,496,952 shares of the specialty retailer’s stock valued at $196,370,000 after purchasing an additional 10,971 shares during the last quarter. Norges Bank bought a new position in Five Below during the second quarter worth about $110,834,000. Jennison Associates LLC increased its position in Five Below by 397.5% during the third quarter. Jennison Associates LLC now owns 819,502 shares of the specialty retailer’s stock worth $126,777,000 after buying an additional 654,763 shares during the last quarter. Finally, Stephens Investment Management Group LLC raised its stake in Five Below by 4.8% in the second quarter. Stephens Investment Management Group LLC now owns 744,734 shares of the specialty retailer’s stock valued at $97,694,000 after buying an additional 33,952 shares during the period.

Insider Activity at Five Below

In other Five Below news, insider Maureen Marie Gellerman sold 544 shares of the firm’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $174.38, for a total value of $94,862.72. Following the transaction, the insider directly owned 12,163 shares of the company’s stock, valued at $2,120,983.94. This trade represents a 4.28% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Kenneth R. Bull sold 1,925 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $202.29, for a total transaction of $389,408.25. Following the completion of the transaction, the chief operating officer owned 99,115 shares of the company’s stock, valued at $20,049,973.35. The trade was a 1.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 50,769 shares of company stock worth $9,365,308 in the last quarter. 1.90% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

FIVE has been the subject of several research analyst reports. Citigroup lifted their target price on Five Below from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Jefferies Financial Group raised their price target on Five Below from $185.00 to $215.00 and gave the company a “buy” rating in a report on Thursday, December 4th. The Goldman Sachs Group upped their price objective on shares of Five Below from $188.00 to $216.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Loop Capital restated a “buy” rating and set a $200.00 target price on shares of Five Below in a research note on Wednesday, December 17th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of Five Below in a report on Friday, January 16th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, Five Below has a consensus rating of “Moderate Buy” and an average target price of $204.20.

Five Below Stock Up 3.2%

Shares of Five Below stock opened at $212.48 on Wednesday. The stock has a market capitalization of $11.72 billion, a price-to-earnings ratio of 38.15, a price-to-earnings-growth ratio of 1.58 and a beta of 1.14. Five Below, Inc. has a twelve month low of $52.38 and a twelve month high of $212.84. The company has a 50-day simple moving average of $193.21 and a two-hundred day simple moving average of $165.91.

Five Below (NASDAQ:FIVE) last announced its earnings results on Wednesday, December 3rd. The specialty retailer reported $0.68 EPS for the quarter, topping the consensus estimate of $0.22 by $0.46. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $971.96 million. Five Below had a net margin of 6.96% and a return on equity of 17.15%. The business’s revenue for the quarter was up 23.1% on a year-over-year basis. During the same period last year, the firm earned $0.42 earnings per share. Five Below has set its FY 2025 guidance at 5.710-5.890 EPS and its Q4 2025 guidance at 3.360-3.540 EPS. On average, sell-side analysts anticipate that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

About Five Below

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.