Mirae Asset Global Investments Co. Ltd. Buys 62,014 Shares of Dollar Tree, Inc. $DLTR

Mirae Asset Global Investments Co. Ltd. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 62,014 shares of the company’s stock, valued at approximately $7,071,000.

A number of other large investors also recently modified their holdings of DLTR. BlackRock Inc. acquired a new position in shares of Dollar Tree in the 2nd quarter valued at about $2,643,741,000. Pzena Investment Management LLC bought a new stake in shares of Dollar Tree during the 2nd quarter valued at about $1,176,661,000. Primecap Management Co. CA bought a new stake in shares of Dollar Tree during the 2nd quarter valued at about $455,845,000. Bank of America Corp DE acquired a new stake in Dollar Tree during the second quarter worth about $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in Dollar Tree during the second quarter worth about $205,631,000. 97.40% of the stock is currently owned by institutional investors.

Insider Transactions at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the sale, the insider owned 24,820 shares in the company, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction of $155,791.95. Following the completion of the sale, the director owned 4,089 shares in the company, valued at $537,580.83. The trade was a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 7.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on DLTR shares. Wells Fargo & Company raised their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $131.00 target price on shares of Dollar Tree in a report on Monday, August 31st. UBS Group upped their target price on Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 28th. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Finally, Truist Financial raised their price target on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Ten investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $133.14.

Check Out Our Latest Research Report on DLTR

Dollar Tree Stock Performance

Shares of DLTR opened at $137.94 on Friday. The firm has a fifty day moving average of $122.25 and a 200-day moving average of $117.15. The company has a market cap of $25.88 billion, a price-to-earnings ratio of 16.84, a price-to-earnings-growth ratio of 1.36 and a beta of 0.64. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $148.54.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the company earned $0.77 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. 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. As a group, equities analysts anticipate that Dollar Tree, Inc. will post 7.92 earnings per share for the current year.

Dollar Tree Profile

(Free Report)

Dollar Tree, Inc (NASDAQ: DLTR) is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.

See Also

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Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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