SG Americas Securities LLC Purchases 51,920 Shares of Dollar Tree, Inc. $DLTR

SG Americas Securities LLC raised its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 307.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 68,831 shares of the company’s stock after buying an additional 51,920 shares during the period. SG Americas Securities LLC’s holdings in Dollar Tree were worth $6,817,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of DLTR. Price T Rowe Associates Inc. MD grew its holdings in shares of Dollar Tree by 69.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,848,196 shares of the company’s stock valued at $439,025,000 after acquiring an additional 2,400,586 shares in the last quarter. Alyeska Investment Group L.P. grew its stake in Dollar Tree by 1,055.1% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,322,189 shares of the company’s stock valued at $174,327,000 after purchasing an additional 2,121,149 shares during the period. EdgePoint Investment Group Inc. increased its position in shares of Dollar Tree by 21.4% during the 1st quarter. EdgePoint Investment Group Inc. now owns 9,641,507 shares of the company’s stock valued at $723,788,000 after purchasing an additional 1,701,344 shares during the last quarter. Maverick Capital Ltd. purchased a new stake in shares of Dollar Tree during the 1st quarter valued at $69,890,000. Finally, Alliancebernstein L.P. raised its stake in shares of Dollar Tree by 155.1% during the 1st quarter. Alliancebernstein L.P. now owns 1,353,050 shares of the company’s stock worth $101,573,000 after purchasing an additional 822,694 shares during the period. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $104.75 on Monday. The firm has a market cap of $21.37 billion, a P/E ratio of -7.72, a price-to-earnings-growth ratio of 1.75 and a beta of 0.86. The company has a quick ratio of 0.27, a current ratio of 1.04 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $97.30 and its 200-day moving average is $100.21. Dollar Tree, Inc. has a 12-month low of $61.70 and a 12-month high of $118.06.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.38 by $0.39. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The company had revenue of $4.57 billion during the quarter, compared to the consensus estimate of $4.46 billion. During the same period last year, the firm earned $0.67 EPS. Dollar Tree’s revenue for the quarter was up 12.3% on a year-over-year basis. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Sell-side analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $100.32, for a total transaction of $118,879.20. Following the completion of the transaction, the director owned 4,089 shares of the company’s stock, valued at $410,208.48. The trade was a 22.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Robert Aflatooni sold 1,260 shares of the company’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $94.70, for a total value of $119,322.00. Following the sale, the insider owned 21,402 shares in the company, valued at approximately $2,026,769.40. This represents a 5.56% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 6.60% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DLTR shares. JPMorgan Chase & Co. increased their price target on shares of Dollar Tree from $138.00 to $140.00 and gave the company an “overweight” rating in a research report on Thursday, September 4th. Gordon Haskett downgraded shares of Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 target price for the company. in a research report on Wednesday, September 3rd. Wells Fargo & Company decreased their price target on shares of Dollar Tree from $130.00 to $115.00 and set an “overweight” rating for the company in a research note on Friday, October 10th. Citigroup lowered their price target on shares of Dollar Tree from $130.00 to $124.00 and set a “buy” rating on the stock in a report on Thursday, September 4th. Finally, The Goldman Sachs Group reissued a “sell” rating and set a $103.00 price objective (down from $133.00) on shares of Dollar Tree in a report on Thursday. Eight investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and an average price target of $108.63.

Dollar Tree Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.