11,410 Dollar Tree, Inc. $DLTR Shares Bought by NorthCrest Asset Manangement LLC

NorthCrest Asset Manangement LLC increased its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 192.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 17,345 shares of the company’s stock after acquiring an additional 11,410 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Dollar Tree were worth $1,846,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Dollar Tree in the 2nd quarter worth $2,643,741,000. Pzena Investment Management LLC purchased a new position in shares of Dollar Tree in the second quarter worth $1,176,661,000. Primecap Management Co. CA bought a new position in shares of Dollar Tree during the second quarter valued at $455,845,000. Bank of America Corp DE bought a new position in shares of Dollar Tree during the second quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec purchased a new stake in shares of Dollar Tree during the second quarter valued at $205,631,000. 97.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DLTR shares. Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Guggenheim boosted their target price on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. BMO Capital Markets restated a “market perform” rating and set a $135.00 target price on shares of Dollar Tree in a research note on Friday, August 28th. Piper Sandler raised their price target on shares of Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Finally, Morgan Stanley lifted their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Dollar Tree presently has an average rating of “Hold” and an average price target of $131.83.

Dollar Tree Price Performance

NASDAQ DLTR opened at $121.76 on Thursday. The company has a 50-day moving average price of $122.53 and a 200-day moving average price of $114.60. Dollar Tree, Inc. has a 52 week low of $85.88 and a 52 week high of $142.40. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $22.85 billion, a P/E ratio of 14.87, a PEG ratio of 1.08 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm’s revenue was up 7.0% compared to the same quarter last year. During the same quarter last year, the firm posted $0.77 earnings per share. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. Equities research analysts anticipate that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has approved a share buyback program on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Share repurchase programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the transaction, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the transaction, the insider owned 24,820 shares in the company, valued at $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is currently owned by corporate insiders.

Dollar Tree Company Profile

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of everyday merchandise, including household supplies, food and beverages, health and personal-care products, seasonal items, toys, party supplies, and arts and crafts products.

The company’s Dollar Tree stores historically focused on merchandise priced at a fixed dollar point and have expanded to include multiple price points through initiatives such as Dollar Tree Plus.