Freestone Grove Partners LP Takes Position in Five Below, Inc. $FIVE

Freestone Grove Partners LP 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 and Exchange Commission. The fund bought 292,384 shares of the specialty retailer’s stock, valued at approximately $52,568,000. Freestone Grove Partners LP owned approximately 0.53% of Five Below at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of FIVE. Caisse de depot et placement du Quebec acquired a new stake in Five Below during the 2nd quarter valued at $1,205,000. Man Group plc acquired a new position in Five Below in the second quarter worth $29,442,000. Jupiter Topco LLC acquired a new position in Five Below in the second quarter worth $4,444,000. Canada Pension Plan Investment Board bought a new stake in shares of Five Below during the second quarter worth $39,212,000. Finally, Legal & General Group Plc bought a new stake in shares of Five Below during the second quarter worth $13,475,000.

Key Stories Impacting Five Below

Here are the key news stories impacting Five Below this week:

• Positive Sentiment: Truist raised its price target on Five Below from $265 to $273 and maintained a “buy” rating, implying additional upside from the recent trading level. Five Below price target raised by Truist
• Positive Sentiment: Five Below reached a new one-year high, reflecting continued momentum following its latest earnings beat. The company reported quarterly EPS of $2.22 versus the $1.77 consensus estimate, while revenue increased 32.5% year over year to $1.29 billion.
• Positive Sentiment: Five Below is included in the dollar-store earnings spotlight, with analysts raising price targets ahead of upcoming results. The earnings event could provide another catalyst if sales growth and full-year guidance remain strong. Dollar stores in earnings spotlight
• Neutral Sentiment: The reported August short-interest data shows zero shares sold short and a zero-day days-to-cover ratio. Because the figures are inconsistent with the reported increase in short interest, they provide no reliable indication of investor positioning.
• Neutral Sentiment: At roughly $257 per share, Five Below’s valuation remains elevated, with a price-to-earnings ratio near 32. The stock’s proximity to its $263.88 52-week high may support momentum but also raises the risk of profit-taking.
• Negative Sentiment: Loop downgraded Five Below, citing a “stretched valuation.” The call suggests that much of the company’s earnings growth may already be reflected in the stock price. Five Below valuation downgrade at Loop
• Negative Sentiment: Another Wall Street analyst also moved away from a bullish stance, adding pressure to the shares after their strong run. Five Below analyst downgrade

Five Below Stock Down 0.8%

FIVE stock opened at $257.35 on Thursday. The company has a market cap of $14.23 billion, a P/E ratio of 32.49, a PEG ratio of 1.35 and a beta of 0.98. Five Below, Inc. has a twelve month low of $137.77 and a twelve month high of $263.88. The business has a fifty day moving average of $210.34 and a 200-day moving average of $215.94.

Five Below (NASDAQ:FIVE) last issued its quarterly earnings results on Wednesday, June 3rd. The specialty retailer reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.77 by $0.45. The business had revenue of $1.29 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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, equities research analysts anticipate that Five Below, Inc. will post 9.12 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on FIVE. Jefferies Financial Group upgraded Five Below from a “hold” rating to a “buy” rating and raised their target price for the company from $210.00 to $350.00 in a research note on Thursday, August 13th. The Goldman Sachs Group lowered shares of Five Below from a “buy” rating to a “sell” rating in a report on Thursday, August 13th. Raymond James Financial raised shares of Five Below to an “outperform” rating in a report on Tuesday, July 21st. UBS Group restated a “buy” rating on shares of Five Below in a research report on Wednesday, August 19th. Finally, Wall Street Zen downgraded shares of Five Below from a “buy” rating to a “hold” rating in a research note on Saturday, August 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $264.10.

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.