Illinois Municipal Retirement Fund trimmed its stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 4.6% during the third quarter, Holdings Channel reports. The fund owned 177,407 shares of the company’s stock after selling 8,510 shares during the period. Illinois Municipal Retirement Fund’s holdings in Dollar Tree were worth $20,228,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Bryn Mawr Trust Advisors LLC increased its stake in shares of Dollar Tree by 3.4% during the 3rd quarter. Bryn Mawr Trust Advisors LLC now owns 2,312 shares of the company’s stock worth $264,000 after purchasing an additional 76 shares during the last quarter. Basecamp Wealth Advisors LLC lifted its stake in Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the last quarter. Wilkerson Advisory Group LLC lifted its stake in Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Dollar Tree by 3.5% in the second quarter. Valeo Financial Advisors LLC now owns 3,475 shares of the company’s stock valued at $420,000 after purchasing an additional 118 shares during the last quarter. Finally, Interchange Capital Partners LLC grew its holdings in Dollar Tree by 7.1% during the third quarter. Interchange Capital Partners LLC now owns 1,984 shares of the company’s stock valued at $226,000 after purchasing an additional 132 shares during the period. 97.40% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of research firms have issued reports on DLTR. Weiss Ratings raised Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 28th. BMO Capital Markets reaffirmed a “market perform” rating and set a $135.00 price target on shares of Dollar Tree in a research report on Friday, August 28th. Wells Fargo & Company upped their price target on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Truist Financial increased their price target on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Finally, Guggenheim lifted their price objective on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $133.14.
Read Our Latest Research Report on DLTR
Dollar Tree Stock Performance
NASDAQ DLTR opened at $140.83 on Wednesday. The company’s 50 day moving average is $122.79 and its 200-day moving average is $117.23. Dollar Tree, Inc. has a 12-month low of $85.88 and a 12-month high of $148.54. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. The firm has a market cap of $26.42 billion, a P/E ratio of 17.20, a price-to-earnings-growth ratio of 1.27 and a beta of 0.64.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion for 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%. Dollar Tree’s revenue was up 7.0% compared to the same quarter last year. During the same period 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. Sell-side analysts predict that Dollar Tree, Inc. will post 7.92 earnings per share for the current year.
Insiders Place Their Bets
In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction of $315,025.00. Following the sale, the insider owned 24,820 shares of the company’s stock, valued at $3,127,568.20. The trade was a 9.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephanie Stahl sold 1,185 shares of the 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 sale, the director owned 4,089 shares in the company, valued at approximately $537,580.83. This represents 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.
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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