New York Life Investment Management LLC Purchases 44,085 Shares of Dollar Tree, Inc. $DLTR

New York Life Investment Management LLC increased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 162.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,218 shares of the company’s stock after purchasing an additional 44,085 shares during the period. New York Life Investment Management LLC’s holdings in Dollar Tree were worth $8,120,000 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on DLTR. Loop Capital downgraded Dollar Tree from a “buy” rating to a “hold” rating and set a $140.00 price target on the stock. in a research note on Thursday, November 5th. Wall Street Zen raised Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Wells Fargo & Company boosted their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. UBS Group upped their price target on shares of Dollar Tree from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $131.00 price target on shares of Dollar Tree in a report on Monday, August 31st. Ten equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $133.14.

Insiders Place Their Bets

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction 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 of the company’s stock, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was 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 of the company’s stock, valued at $537,580.83. The trade was a 22.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is currently owned by corporate insiders.

Dollar Tree Stock Down 1.1%

DLTR stock opened at $141.27 on Friday. The company’s 50 day simple moving average is $123.20 and its 200-day simple moving average is $117.38. The firm has a market capitalization of $26.51 billion, a PE ratio of 17.25, a P/E/G ratio of 1.33 and a beta of 0.64. Dollar Tree, Inc. has a 12 month low of $85.88 and a 12 month high of $148.54. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last issued 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 during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period last year, the company posted $0.77 EPS. The company’s revenue was up 7.0% on a year-over-year basis. 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 analysts expect that Dollar Tree, Inc. will post 7.92 earnings per share for the current fiscal year.

Dollar Tree Profile

Dollar Tree, Inc. is a discount retailer that sells everyday merchandise through stores operating under the Dollar Tree banner. Its assortment includes food, household and cleaning supplies, health and beauty products, toys, seasonal goods, party supplies and stationery. Many stores offer products at multiple price points. The company traces its roots to a retail business founded in 1986 and later developed its Dollar Tree chain around value-priced merchandise. It operates primarily in the United States.