Jennison Associates LLC Has $128.62 Million Holdings in Five Below, Inc. $FIVE

Jennison Associates LLC decreased its holdings in Five Below, Inc. (NASDAQ:FIVE) by 33.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 562,950 shares of the specialty retailer’s stock after selling 279,821 shares during the quarter. Jennison Associates LLC’s holdings in Five Below were worth $128,623,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Bayban acquired a new position in Five Below during the 4th quarter worth about $34,000. V Square Quantitative Management LLC acquired a new stake in shares of Five Below in the fourth quarter valued at about $35,000. Spire Wealth Management bought a new position in shares of Five Below during the fourth quarter worth about $38,000. Advisory Services Network LLC bought a new position in shares of Five Below during the third quarter worth about $32,000. Finally, Whittier Trust Co. of Nevada Inc. lifted its stake in shares of Five Below by 182.5% in the fourth 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 period.

Analysts Set New Price Targets

FIVE has been the topic of several analyst reports. Truist Financial upped their target price on Five Below from $261.00 to $265.00 and gave the company a “buy” rating in a report on Wednesday, May 27th. Morgan Stanley dropped their price target on shares of Five Below from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Thursday, June 4th. Wall Street Zen raised shares of Five Below from a “hold” rating to a “buy” rating in a research note on Saturday, May 16th. Weiss Ratings lowered shares of Five Below from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, June 5th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Five Below in a research report on Thursday, June 4th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Five Below currently has a consensus rating of “Moderate Buy” and an average price target of $253.90.

Five Below Stock Performance

Shares of FIVE stock opened at $202.63 on Friday. The company has a market cap of $11.20 billion, a P/E ratio of 25.58, a PEG ratio of 1.07 and a beta of 1.00. The stock has a 50 day simple moving average of $199.55 and a two-hundred day simple moving average of $209.05. Five Below, Inc. has a fifty-two week low of $130.00 and a fifty-two week high of $251.63.

Five Below (NASDAQ:FIVE) last posted 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. The firm had revenue of $1.29 billion for 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 company’s revenue for the quarter was up 32.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.86 EPS. 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. On average, research analysts predict that Five Below, Inc. will post 9.01 earnings per share 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.