Five Below, Inc. $FIVE Holdings Increased by Tabor Asset Management LP

Tabor Asset Management LP raised its position in Five Below, Inc. (NASDAQ:FIVE) by 81.6% in the 2nd quarter, Holdings Channel reports. The firm owned 55,873 shares of the specialty retailer’s stock after buying an additional 25,110 shares during the quarter. Five Below accounts for 5.0% of Tabor Asset Management LP’s holdings, making the stock its 2nd largest position. Tabor Asset Management LP’s holdings in Five Below were worth $7,329,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in shares of Five Below by 7.5% in the first quarter. Vanguard Group Inc. now owns 5,424,495 shares of the specialty retailer’s stock worth $406,430,000 after purchasing an additional 376,932 shares during the period. Federated Hermes Inc. grew its position in Five Below by 26,340.9% during the first quarter. Federated Hermes Inc. now owns 1,485,981 shares of the specialty retailer’s stock worth $111,337,000 after buying an additional 1,480,361 shares in the last quarter. American Century Companies Inc. increased its stake in Five Below by 494.5% in the 1st quarter. American Century Companies Inc. now owns 1,175,075 shares of the specialty retailer’s stock worth $88,042,000 after acquiring an additional 977,411 shares during the last quarter. Samlyn Capital LLC raised its holdings in shares of Five Below by 3.7% in the 1st quarter. Samlyn Capital LLC now owns 1,109,736 shares of the specialty retailer’s stock valued at $83,147,000 after acquiring an additional 39,375 shares in the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Five Below by 433.1% during the 1st quarter. AQR Capital Management LLC now owns 770,626 shares of the specialty retailer’s stock valued at $54,668,000 after acquiring an additional 626,077 shares during the last quarter.

Insiders Place Their Bets

In other news, EVP Ronald James Masciantonio sold 818 shares of the stock in a transaction that occurred on 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 owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This represents a 7.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.90% of the company’s stock.

Five Below Trading Up 1.4%

Shares of NASDAQ:FIVE opened at $152.28 on Friday. The stock has a market capitalization of $8.40 billion, a P/E ratio of 30.83, a price-to-earnings-growth ratio of 2.33 and a beta of 1.21. The stock’s 50-day moving average price is $152.53 and its 200-day moving average price is $132.08. Five Below, Inc. has a 12-month low of $52.38 and a 12-month high of $168.98.

Five Below (NASDAQ:FIVE) last released its earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates 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%.Five Below’s revenue for the quarter was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $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, research analysts predict that Five Below, Inc. will post 4.93 EPS for the current year.

Analysts Set New Price Targets

FIVE has been the topic of several research analyst reports. Guggenheim upped their price objective on shares of Five Below from $155.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, August 29th. Morgan Stanley increased their price target on shares of Five Below from $135.00 to $160.00 and gave the stock an “equal weight” rating in a report on Thursday, August 28th. Zacks Research upgraded shares of Five Below from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 29th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $170.00 price objective on shares of Five Below in a report on Thursday, October 2nd. Finally, Wells Fargo & Company increased their target price on Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, August 28th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Five Below has an average rating of “Hold” and an average target price of $154.67.

Five Below 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.