Bank of New York Mellon Corp grew its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 13.8% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,166,207 shares of the company’s stock after buying an additional 141,666 shares during the period. Bank of New York Mellon Corp’s holdings in Dollar Tree were worth $110,055,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in shares of Dollar Tree during the 3rd quarter valued at approximately $29,000. True Wealth Design LLC lifted its stake in Dollar Tree by 372.5% during the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock worth $37,000 after acquiring an additional 298 shares in the last quarter. MTM Investment Management LLC purchased a new position in shares of Dollar Tree in the second quarter valued at approximately $42,000. Ameritas Advisory Services LLC acquired a new position in shares of Dollar Tree in the second quarter worth $43,000. Finally, 1248 Management LLC purchased a new position in shares of Dollar Tree in the 2nd quarter valued at about $44,000. Institutional investors and hedge funds own 97.40% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on DLTR. Piper Sandler reaffirmed a “neutral” rating and set a $114.00 price objective (up from $108.00) on shares of Dollar Tree in a research report on Thursday, December 4th. Bank of America increased their target price on shares of Dollar Tree from $75.00 to $85.00 and gave the stock an “underperform” rating in a research note on Thursday, December 4th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $126.00 price target on shares of Dollar Tree in a research note on Thursday, January 8th. Citigroup upped their price objective on Dollar Tree from $124.00 to $132.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Finally, New Street Research set a $103.00 price target on shares of Dollar Tree in a research report on Thursday, October 16th. Eight equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $120.10.
Dollar Tree Price Performance
Dollar Tree stock opened at $117.59 on Monday. Dollar Tree, Inc. has a 52-week low of $61.80 and a 52-week high of $142.40. The firm has a market capitalization of $23.38 billion, a P/E ratio of -8.74, a PEG ratio of 1.75 and a beta of 0.73. The company has a quick ratio of 0.22, a current ratio of 0.96 and a debt-to-equity ratio of 0.70. The firm has a fifty day moving average of $124.48 and a 200-day moving average of $110.95.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted its quarterly earnings data on Wednesday, December 3rd. The company reported $1.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.09 by $0.12. The company had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.70 billion. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. The business’s quarterly revenue was up 9.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.12 earnings per share. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current year.
Insider Activity at Dollar Tree
In other news, insider Brent A. Beebe sold 2,200 shares of the firm’s stock in a transaction that occurred on Monday, December 8th. The shares were sold at an average price of $124.65, for a total transaction of $274,230.00. Following the completion of the sale, the insider owned 13,740 shares of the company’s stock, valued at approximately $1,712,691. This trade represents a 13.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 6.60% of the company’s stock.
About Dollar Tree
Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.
Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.
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