Evolve Private Wealth LLC Takes Position in Five Below, Inc. $FIVE

Evolve Private Wealth LLC purchased a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 2,514 shares of the specialty retailer’s stock, valued at approximately $452,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its position in Five Below by 40,774,210.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 55,453,062 shares of the specialty retailer’s stock valued at $10,445,139,000 after buying an additional 55,452,926 shares during the period. BlackRock Inc. bought a new stake in shares of Five Below during the 2nd quarter valued at $964,867,000. Marshall Wace LLP grew its position in shares of Five Below by 54.6% in the 4th quarter. Marshall Wace LLP now owns 1,785,169 shares of the specialty retailer’s stock worth $336,254,000 after buying an additional 630,710 shares during the period. Federated Hermes Inc. grew its position in shares of Five Below by 3.1% in the 4th quarter. Federated Hermes Inc. now owns 1,508,393 shares of the specialty retailer’s stock worth $284,121,000 after buying an additional 45,761 shares during the period. Finally, Wellington Management Group LLP increased its stake in shares of Five Below by 40.6% in the 4th quarter. Wellington Management Group LLP now owns 1,192,697 shares of the specialty retailer’s stock worth $224,656,000 after acquiring an additional 344,592 shares in the last quarter.

Five Below Trading Down 1.3%

Shares of FIVE opened at $259.41 on Wednesday. The company has a market cap of $14.34 billion, a price-to-earnings ratio of 32.75, a P/E/G ratio of 1.37 and a beta of 0.98. The business’s fifty day simple moving average is $209.02 and its two-hundred day simple moving average is $215.50. Five Below, Inc. has a 12 month low of $137.77 and a 12 month high of $263.88.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the prior year, the company posted $0.86 earnings per share. The company’s quarterly revenue was up 32.5% on a year-over-year basis. 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. As a group, research analysts forecast that Five Below, Inc. will post 9.12 EPS for the current year.

Key Headlines Impacting Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Truist raised its price target for Five Below from $265 to $273 and maintained a Buy rating, implying additional upside from the recently reported share price. StreetInsider analyst comments
• Positive Sentiment: Five Below hit a fresh 52-week high, reflecting strong investor momentum. The company also recently reported better-than-expected quarterly results, including earnings per share of $2.22 versus the $1.77 consensus estimate and revenue growth of 32.5% year over year.
• Neutral Sentiment: Recent reporting highlights a sharp divergence among Wall Street analysts: some continue to support the stock while others have reduced their ratings. This could increase volatility following the company’s strong run.
• Neutral Sentiment: The reported August short-interest figures show zero shares and a zero-day days-to-cover ratio, but the stated percentage change is listed as “NaN,” making the data unreliable and offering little usable insight into short-selling pressure.
• Negative Sentiment: Loop downgraded Five Below, citing a stretched valuation after the stock’s substantial advance. Concerns that the share price has outpaced near-term fundamentals may be weighing on investor sentiment. Seeking Alpha article
• Negative Sentiment: Another Wall Street analyst is no longer bullish on Five Below, and the company was included among Tuesday’s notable analyst downgrades. The shift reinforces concerns about limited upside after the stock reached a record recent level. Benzinga analyst downgrades

Analyst Ratings Changes

Several research firms recently commented on FIVE. Evercore set a $215.00 price objective on shares of Five Below in a research note on Tuesday, July 7th. Wall Street Zen cut Five Below from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings lowered Five Below from a “hold (c+)” rating to a “hold (c)” rating in a research report on Friday, June 5th. HSBC raised Five Below to a “hold” rating in a research report on Tuesday, July 21st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Five Below in a research report on Thursday, June 4th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Five Below currently has an average rating of “Moderate Buy” and an average target price of $263.20.

Five Below Company 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.