diff --git a/CHANGELOG.md b/CHANGELOG.md
index c74ea83..2cd0944 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,11 @@
 # Changelog
 
+## Version 0.5.1 - May 24, 2022
+### New Features
+- `biopsykit.classification`: `SklearnPipelinePermuter` now supports regression
+### Bugfixes
+- further small bugfixes
+
 ## Version 0.5.0 - April 21, 2022
 ### New Features
 - `biopsykit.stats`: Added new statistic features:
diff --git a/pyproject.toml b/pyproject.toml
index c051504..0624c4a 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [tool.poetry]
 name = "biopsykit"
-version = "0.5.1-alpha.5"
+version = "0.5.1"
 description = "A Python package for the analysis of biopsychological data."
 authors = [
     "Robert Richer <robert.richer@fau.de>",
diff --git a/src/biopsykit/__init__.py b/src/biopsykit/__init__.py
index 874d3b3..6a6db3d 100644
--- a/src/biopsykit/__init__.py
+++ b/src/biopsykit/__init__.py
@@ -38,7 +38,7 @@
     "utils",
 ]
 
-__version__ = "0.5.1-alpha.5"
+__version__ = "0.5.1"
 
 
 def version() -> None: