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

Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Five Below, Inc. (NASDAQ:FIVE) during the second quarter, HoldingsChannel reports. The firm acquired 73,233 shares of the specialty retailer’s stock, valued at approximately $13,167,000.

Several other hedge funds and other institutional investors have also made changes to their positions in FIVE. Global Retirement Partners LLC lifted its stake in Five Below by 1.5% during the fourth quarter. Global Retirement Partners LLC now owns 3,264 shares of the specialty retailer’s stock worth $615,000 after purchasing an additional 49 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Five Below by 26.6% in the first quarter. Bessemer Group Inc. now owns 257 shares of the specialty retailer’s stock valued at $59,000 after purchasing an additional 54 shares in the last quarter. V Square Quantitative Management LLC increased its stake in Five Below by 29.6% in the first quarter. V Square Quantitative Management LLC now owns 241 shares of the specialty retailer’s stock valued at $55,000 after purchasing an additional 55 shares during the last quarter. Optimize Financial Inc increased its stake in Five Below by 1.4% in the fourth quarter. Optimize Financial Inc now owns 3,948 shares of the specialty retailer’s stock valued at $744,000 after purchasing an additional 56 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in Five Below by 1.6% in the fourth quarter. Benjamin Edwards Inc. now owns 3,743 shares of the specialty retailer’s stock valued at $705,000 after purchasing an additional 60 shares during the last quarter.

Key Stories 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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on FIVE shares. Sanford C. Bernstein upgraded shares of Five Below from a “market perform” rating to an “outperform” rating and boosted their price objective for the stock from $247.00 to $250.00 in a research report on Tuesday, July 21st. Loop Capital cut shares of Five Below from a “buy” rating to a “hold” rating and set a $250.00 target price for the company. in a report on Tuesday. Citigroup raised shares of Five Below from a “hold” rating to a “buy” rating in a research report on Thursday, August 13th. Guggenheim cut their price target on shares of Five Below from $260.00 to $250.00 and set a “buy” rating on the stock in a research note on Monday, June 8th. Finally, Evercore set a $215.00 price target on shares of Five Below in a research report on Tuesday, July 7th. One research 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $263.20.

Five Below Stock Down 1.3%

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

Five Below (NASDAQ:FIVE) last issued its quarterly earnings data on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $1.77 by $0.45. The company had revenue of $1.29 billion during the quarter, compared to analysts’ expectations of $1.23 billion. Five Below had a return on equity of 21.31% and a net margin of 8.67%.The firm’s revenue for the quarter was up 32.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $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. As a group, sell-side analysts anticipate that Five Below, Inc. will post 9.12 EPS for the current fiscal year.

About Five Below

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.