Connor Clark & Lunn Investment Management Ltd. Makes New $13.17 Million Investment in Five Below, Inc. $FIVE

Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of Five Below, Inc. (NASDAQ:FIVE) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 73,233 shares of the specialty retailer’s stock, valued at approximately $13,167,000. Connor Clark & Lunn Investment Management Ltd. owned approximately 0.13% of Five Below as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Five Below by 40,774,210.3% in 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 purchasing an additional 55,452,926 shares in the last quarter. BlackRock Inc. acquired a new stake in Five Below during the 2nd quarter worth approximately $964,867,000. Marshall Wace LLP lifted its holdings in Five Below by 54.6% during 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 in the last quarter. Federated Hermes Inc. lifted its holdings in Five Below by 3.1% during 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 in the last quarter. Finally, Wellington Management Group LLP boosted its position in 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 valued at $224,656,000 after buying an additional 344,592 shares during the period.

Wall Street Analysts Forecast Growth

FIVE has been the subject of several research reports. Citigroup upgraded shares of Five Below from a “hold” rating to a “buy” rating in a research note on Thursday, August 13th. The Goldman Sachs Group cut Five Below from a “buy” rating to a “sell” rating in a research note on Thursday, August 13th. Sanford C. Bernstein upgraded Five Below from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $247.00 to $250.00 in a report on Tuesday, July 21st. Guggenheim lowered their target price on Five Below from $260.00 to $250.00 and set a “buy” rating for the company in a research note on Monday, June 8th. Finally, Truist Financial boosted their target price on Five Below from $265.00 to $273.00 and gave the stock a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $263.20.

Five Below News Summary

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

Five Below Stock Down 1.3%

Shares of Five Below stock opened at $259.41 on Wednesday. Five Below, Inc. has a 52-week low of $137.77 and a 52-week high of $263.88. The company has a market capitalization of $14.34 billion, a P/E ratio of 32.75, a P/E/G ratio of 1.37 and a beta of 0.98. The company has a 50 day moving average of $209.02 and a 200 day moving average of $215.50.

Five Below (NASDAQ:FIVE) last announced its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 EPS for the quarter, beating 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 company 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 firm posted $0.86 EPS. The company’s quarterly revenue was up 32.5% compared to the same quarter last year. 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 anticipate that Five Below, Inc. will post 9.12 earnings per share for the current fiscal year.

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.