Sumitomo Mitsui Trust Group Inc. Invests $1.76 Million in Five Below, Inc. $FIVE

Sumitomo Mitsui Trust Group Inc. acquired a new stake in shares of Five Below, Inc. (NASDAQ:FIVE) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 7,706 shares of the specialty retailer’s stock, valued at approximately $1,761,000.

A number of other large investors also recently modified their holdings of the company. Bayban bought a new stake in Five Below in the 4th quarter worth approximately $34,000. V Square Quantitative Management LLC bought a new position in Five Below during the fourth quarter valued at approximately $35,000. Spire Wealth Management purchased a new position in shares of Five Below during the fourth quarter worth approximately $38,000. Advisory Services Network LLC purchased a new position in shares of Five Below during the third quarter worth approximately $32,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its holdings in shares of Five Below by 182.5% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 226 shares of the specialty retailer’s stock worth $46,000 after acquiring an additional 146 shares during the last quarter.

Wall Street Analysts Forecast Growth

FIVE has been the subject of a number of research reports. Wells Fargo & Company upped their price objective on shares of Five Below from $220.00 to $260.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Truist Financial boosted their price target on shares of Five Below from $261.00 to $265.00 and gave the stock a “buy” rating in a research note on Wednesday, May 27th. Sanford C. Bernstein upped their price target on shares of Five Below from $243.00 to $247.00 and gave the company a “market perform” rating in a research report on Thursday, June 4th. Bank of America raised their price objective on Five Below from $260.00 to $305.00 and gave the company a “buy” rating in a research note on Thursday, March 19th. Finally, UBS Group reiterated a “buy” rating and issued a $285.00 price objective on shares of Five Below in a report on Thursday, June 4th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $253.90.

Five Below Stock Down 0.0%

NASDAQ:FIVE opened at $193.03 on Thursday. The firm has a market capitalization of $10.67 billion, a P/E ratio of 24.37, a P/E/G ratio of 1.02 and a beta of 1.00. The company has a fifty day moving average of $200.43 and a 200 day moving average of $209.04. Five Below, Inc. has a 52 week low of $130.00 and a 52 week high of $251.63.

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, topping analysts’ consensus estimates of $1.77 by $0.45. Five Below had a net margin of 8.67% and a return on equity of 21.31%. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the firm earned $0.86 EPS. The company’s 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, analysts anticipate that Five Below, Inc. will post 9.01 EPS for the current year.

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.