Meeder Asset Management Inc. Has $564,000 Stake in Five Below, Inc. $FIVE

Meeder Asset Management Inc. increased its stake in shares of Five Below, Inc. (NASDAQ:FIVE) by 12,250.0% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,470 shares of the specialty retailer’s stock after acquiring an additional 2,450 shares during the quarter. Meeder Asset Management Inc.’s holdings in Five Below were worth $564,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Castleark Management LLC grew its stake in shares of Five Below by 27.8% during the fourth quarter. Castleark Management LLC now owns 48,340 shares of the specialty retailer’s stock worth $9,105,000 after purchasing an additional 10,520 shares during the period. Mach 1 Financial Group LLC bought a new stake in Five Below in the fourth quarter valued at about $911,000. Geode Capital Management LLC lifted its stake in Five Below by 5.2% in the fourth quarter. Geode Capital Management LLC now owns 1,090,973 shares of the specialty retailer’s stock valued at $205,535,000 after buying an additional 53,808 shares during the period. Fortis Group Advisors LLC lifted its stake in Five Below by 18,132.0% in the fourth quarter. Fortis Group Advisors LLC now owns 9,116 shares of the specialty retailer’s stock valued at $1,747,000 after buying an additional 9,066 shares during the period. Finally, Lisanti Capital Growth LLC boosted its holdings in Five Below by 48.4% during the fourth quarter. Lisanti Capital Growth LLC now owns 43,844 shares of the specialty retailer’s stock worth $8,258,000 after buying an additional 14,305 shares during the last quarter.

Five Below Trading Up 0.7%

NASDAQ:FIVE opened at $204.14 on Tuesday. Five Below, Inc. has a 1 year low of $130.00 and a 1 year high of $251.63. The stock has a market cap of $11.29 billion, a price-to-earnings ratio of 25.78, a PEG ratio of 1.07 and a beta of 1.00. The stock has a 50-day moving average price of $199.46 and a two-hundred day moving average price of $209.30.

Five Below (NASDAQ:FIVE) last released its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.77 by $0.45. The company had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.Five Below’s revenue was up 32.5% compared to the same quarter last year. During the same quarter last year, the firm posted $0.86 earnings per share. 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. Sell-side analysts forecast that Five Below, Inc. will post 9.01 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Craig Hallum boosted their target price on Five Below from $255.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Mizuho upgraded shares of Five Below from a “neutral” rating to an “outperform” rating and cut their price target for the company from $225.00 to $220.00 in a research report on Thursday, July 9th. Sanford C. Bernstein raised shares of Five Below from a “market perform” rating to an “outperform” rating and set a $250.00 price objective on the stock in a research note on Tuesday. KeyCorp restated a “sector weight” rating on shares of Five Below in a report on Thursday, June 4th. Finally, Wolfe Research raised shares of Five Below from a “cautious” rating to an “outperform” rating in a research note on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $254.05.

Five Below Profile

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.