Obermeyer Wealth Partners Acquires Shares of 3,036 Five Below, Inc. $FIVE

Obermeyer Wealth Partners bought a new position in Five Below, Inc. (NASDAQ:FIVE) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 3,036 shares of the specialty retailer’s stock, valued at approximately $398,000.

Several other hedge funds have also added to or reduced their stakes in the stock. Bank of Montreal Can boosted its holdings in Five Below by 14.4% in the second quarter. Bank of Montreal Can now owns 14,260 shares of the specialty retailer’s stock worth $1,871,000 after acquiring an additional 1,790 shares in the last quarter. State of Michigan Retirement System lifted its holdings in shares of Five Below by 0.8% during the second quarter. State of Michigan Retirement System now owns 13,222 shares of the specialty retailer’s stock valued at $1,734,000 after purchasing an additional 100 shares in the last quarter. Versor Investments LP bought a new position in shares of Five Below during the second quarter valued at $1,748,000. Simon Quick Advisors LLC bought a new position in shares of Five Below during the second quarter valued at $732,000. Finally, Strs Ohio bought a new position in shares of Five Below during the second quarter valued at $1,289,000.

Five Below Trading Up 0.7%

NASDAQ:FIVE opened at $158.44 on Tuesday. The stock has a market capitalization of $8.74 billion, a P/E ratio of 32.07, a P/E/G ratio of 2.33 and a beta of 1.18. The stock has a 50-day moving average price of $151.86 and a 200 day moving average price of $130.57. 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 quarterly earnings results on Wednesday, August 27th. The specialty retailer reported $0.81 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.20. The business had revenue of $1.03 billion during the quarter, compared to analysts’ expectations of $988.91 million. Five Below had a return on equity of 17.13% and a net margin of 6.45%.The firm’s revenue for the quarter was up 23.7% compared to the same quarter last year. During the same quarter last year, the business 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. On average, research analysts predict that Five Below, Inc. will post 4.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

FIVE has been the topic of a number of research analyst reports. Zacks Research raised Five Below from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 29th. Wells Fargo & Company upped their price target on Five Below from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Five Below in a report on Wednesday, October 8th. Barclays set a $135.00 price objective on shares of Five Below in a report on Thursday, August 28th. Finally, Morgan Stanley raised their price objective 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. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, eleven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $152.84.

Insider Activity

In related news, EVP Ronald James Masciantonio sold 818 shares of the firm’s 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 directly owned 9,858 shares of the company’s stock, valued at approximately $1,443,309.78. This trade represents a 7.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 1.90% of the company’s stock.

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.