Wagner Wealth Management Corp purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the third quarter, according to its most recent filing with the SEC. The fund purchased 5,097 shares of the company’s stock, valued at approximately $581,000.
Several other institutional investors and hedge funds have also made changes to their positions in DLTR. BlackRock Inc. acquired a new position in Dollar Tree in the second quarter worth $2,643,741,000. Pzena Investment Management LLC bought a new stake in Dollar Tree during the second quarter valued at $1,176,661,000. Primecap Management Co. CA acquired a new stake in shares of Dollar Tree during the second quarter worth $455,845,000. Bank of America Corp DE acquired a new stake in shares of Dollar Tree during the second quarter worth $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of Dollar Tree during the second quarter worth $205,631,000. 97.40% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms have recently commented on DLTR. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $131.00 price target on shares of Dollar Tree in a report on Monday, August 31st. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $130.00 price objective on shares of Dollar Tree in a research report on Friday, August 28th. Loop Capital upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating and increased their price objective for the stock from $130.00 to $140.00 in a research note on Thursday, October 1st. Guggenheim increased their price objective on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Finally, Weiss Ratings raised shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Eleven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Dollar Tree presently has an average rating of “Hold” and a consensus price target of $133.14.
Get Our Latest Stock Report on Dollar Tree
Insider Transactions at Dollar Tree
In related news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction dated 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 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 SEC, which is available through this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by company insiders.
Dollar Tree Price Performance
Shares of DLTR opened at $124.96 on Wednesday. The company has a market cap of $23.45 billion, a P/E ratio of 15.26, a PEG ratio of 1.14 and a beta of 0.71. The stock has a fifty day moving average price of $122.11 and a 200 day moving average price of $115.07. 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, Inc. has a 12 month low of $85.88 and a 12 month high of $142.40.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $1.15 by $1.55. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same period last year, the company earned $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. On average, research analysts forecast that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.
Dollar Tree announced that its Board of Directors has authorized a share repurchase plan on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in shares. This buyback authorization authorizes the company to buy up to 10.7% of its shares through open market purchases. Stock buyback plans are typically a sign that the company’s management believes its shares are undervalued.
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.
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