Canada Pension Plan Investment Board acquired a new position in shares of Five Below, Inc. (NASDAQ:FIVE – Free Report) in the second quarter, Holdings Channel.com reports. The institutional investor acquired 218,100 shares of the specialty retailer’s stock, valued at approximately $39,212,000.
Other large investors have also added to or reduced their stakes in the company. Legal & General Group Plc bought a new stake in Five Below in the second quarter worth about $13,475,000. The Manufacturers Life Insurance Company bought a new position in shares of Five Below during the 2nd quarter valued at approximately $7,196,000. Sanctuary Advisors LLC purchased a new stake in shares of Five Below during the 2nd quarter worth approximately $1,652,000. Connor Clark & Lunn Investment Management Ltd. purchased a new stake in shares of Five Below during the 2nd quarter worth approximately $13,167,000. Finally, Meiji Yasuda Asset Management Co Ltd. bought a new stake in shares of Five Below in the 2nd quarter worth approximately $229,000.
Wall Street Analysts Forecast Growth
Several research firms have commented on FIVE. Guggenheim dropped their price objective on shares of Five Below from $260.00 to $250.00 and set a “buy” rating on the stock in a report on Monday, June 8th. Loop Capital lowered Five Below from a “buy” rating to a “hold” rating and set a $250.00 price objective for the company. in a research note on Tuesday. BNP Paribas Exane downgraded Five Below from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. HSBC raised shares of Five Below to a “hold” rating in a research note on Tuesday, July 21st. Finally, Mizuho lifted their target price on shares of Five Below from $260.00 to $278.00 and gave the company an “outperform” rating in a research report on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Five Below currently has a consensus rating of “Moderate Buy” and an average price target of $264.10.
Five Below Stock Down 4.0%
NASDAQ FIVE opened at $246.98 on Friday. The stock’s 50-day simple moving average is $211.40 and its two-hundred day simple moving average is $216.26. Five Below, Inc. has a twelve month low of $137.77 and a twelve month high of $263.88. The company has a market capitalization of $13.66 billion, a price-to-earnings ratio of 31.18, a PEG ratio of 1.34 and a beta of 0.98.
Five Below (NASDAQ:FIVE – Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.77 by $0.45. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the business earned $0.86 EPS. The company’s revenue for the quarter was up 32.5% compared to the same quarter last year. Five Below has set its FY 2026 guidance at 8.650-9.050 EPS and its Q2 2026 guidance at 1.170-1.290 EPS. On average, equities analysts expect that Five Below, Inc. will post 9.12 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.
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