5,584 Dollar Tree, Inc. $DLTR Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 20.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 32,360 shares of the company’s stock after purchasing an additional 5,584 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Dollar Tree were worth $3,567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Kaufman Rossin Wealth LLC bought a new stake in Dollar Tree in the third quarter worth approximately $205,000. BDF Gestion acquired a new position in Dollar Tree in the third quarter valued at approximately $1,630,000. Brown Lisle Cummings Inc. lifted its stake in Dollar Tree by 1.3% in the third quarter. Brown Lisle Cummings Inc. now owns 13,507 shares of the company’s stock valued at $1,540,000 after buying an additional 178 shares during the period. IFP Advisors Inc boosted its holdings in shares of Dollar Tree by 34.5% during the 3rd quarter. IFP Advisors Inc now owns 11,301 shares of the company’s stock worth $1,289,000 after buying an additional 2,901 shares in the last quarter. Finally, Burns Matteson Capital Management LLC bought a new position in shares of Dollar Tree during the 3rd quarter worth approximately $550,000. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

Shares of Dollar Tree stock opened at $131.04 on Friday. The business has a 50-day simple moving average of $122.08 and a 200 day simple moving average of $115.35. Dollar Tree, Inc. has a one year low of $85.88 and a one year high of $142.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The firm has a market capitalization of $24.59 billion, a price-to-earnings ratio of 16.00, a PEG ratio of 1.16 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the prior year, the company earned $0.77 earnings per share. The company’s quarterly 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. On average, research analysts anticipate that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has initiated a share repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This buyback authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Raymond James Financial reiterated an “outperform” rating and issued a $145.00 price objective on shares of Dollar Tree in a research note on Friday, August 28th. Morgan Stanley boosted their target price on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Barclays increased their target price on shares of Dollar Tree from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Finally, Truist Financial raised their price target on shares of Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Eleven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree currently has a consensus rating of “Hold” and a consensus target price of $133.14.

Insiders Place Their Bets

In related news, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the transaction, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction 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 directly owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. The trade was a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is owned by company insiders.

Dollar Tree Profile

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.