Keybank National Association OH acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 13,290 shares of the company’s stock, valued at approximately $1,515,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of DLTR. Algert Global LLC lifted its holdings in shares of Dollar Tree by 17.9% during the second quarter. Algert Global LLC now owns 69,452 shares of the company’s stock worth $7,995,000 after buying an additional 10,547 shares during the last quarter. Empirical Finance LLC grew its stake in shares of Dollar Tree by 983.9% in the second quarter. Empirical Finance LLC now owns 79,398 shares of the company’s stock worth $9,455,000 after acquiring an additional 72,073 shares during the last quarter. Wealthfront Advisers LLC grew its stake in shares of Dollar Tree by 13.7% in the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after acquiring an additional 9,288 shares during the last quarter. Nykredit A S bought a new position in Dollar Tree during the second quarter worth $10,141,000. Finally, Bank of New York Mellon Corp bought a new position in Dollar Tree during the second quarter worth $110,626,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.
Dollar Tree Stock Performance
Shares of NASDAQ DLTR traded down $3.19 during trading hours on Friday, reaching $138.08. The stock had a trading volume of 1,893,873 shares, compared to its average volume of 2,174,252. The company has a market cap of $25.91 billion, a price-to-earnings ratio of 16.86, a PEG ratio of 1.31 and a beta of 0.64. 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 business’s fifty day moving average is $123.35 and its two-hundred day moving average is $117.46. Dollar Tree, Inc. has a twelve month low of $85.88 and a twelve month high of $148.54.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The business’s revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.77 EPS. 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, research analysts expect that Dollar Tree, Inc. will post 7.92 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages have weighed in on DLTR. Morgan Stanley increased their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Weiss Ratings upgraded shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Guggenheim boosted their price objective on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Truist Financial upped their price objective on shares of Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Finally, Wall Street Zen upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Ten equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Dollar Tree presently has an average rating of “Hold” and an average price target of $133.14.
Get Our Latest Analysis on DLTR
Insider Transactions at Dollar Tree
In related news, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the transaction, the director owned 4,089 shares of the company’s stock, valued at $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the transaction, the insider owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 7.10% of the company’s stock.
Dollar Tree Company 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.
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