Dollar Tree, Inc. $DLTR Shares Newly Acquired by Benedict Financial Advisors Inc.

Benedict Financial Advisors Inc. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the third quarter, HoldingsChannel.com reports. The firm bought 5,029 shares of the company’s stock, valued at approximately $573,000.

Several other hedge funds and other institutional investors have also bought and sold shares of DLTR. BlackRock Inc. acquired a new position in Dollar Tree in the second quarter valued at about $2,643,741,000. Pzena Investment Management LLC bought a new position in Dollar Tree in the second quarter valued at approximately $1,176,661,000. Primecap Management Co. CA acquired a new position in shares of Dollar Tree in the second quarter valued at approximately $455,845,000. Bank of America Corp DE bought a new stake in shares of Dollar Tree during the second quarter worth $385,350,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock worth $224,106,000 after acquiring an additional 81,695 shares during the period. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Up 0.4%

NASDAQ DLTR traded up $0.50 on Wednesday, hitting $116.69. 406,642 shares of the company were exchanged, compared to its average volume of 3,173,255. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. The company has a market cap of $21.89 billion, a PE ratio of 14.22, a PEG ratio of 1.05 and a beta of 0.71. The stock has a fifty day moving average of $123.82 and a 200-day moving average of $114.11. Dollar Tree, Inc. has a 12 month low of $85.75 and a 12 month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the previous year, the firm posted $0.77 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. 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, analysts forecast that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its board has authorized a stock buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Insider Transactions at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the completion of the sale, the insider owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The shares were 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 of the company’s stock, valued at approximately $537,580.83. This represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 7.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DLTR shares. Loop Capital raised shares of Dollar Tree from a “hold” rating to a “buy” rating and upped their target price for the stock from $130.00 to $140.00 in a research note on Thursday, October 1st. Wall Street Zen raised Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Barclays lifted their target price on Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Benchmark started coverage on shares of Dollar Tree in a report on Wednesday, July 8th. They set a “hold” rating for the company. Finally, Morgan Stanley lifted their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Dollar Tree has an average rating of “Hold” and an average price target of $131.83.

Dollar Tree Profile

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of everyday merchandise, including household supplies, food and beverages, health and personal-care products, seasonal items, toys, party supplies, and arts and crafts products.

The company’s Dollar Tree stores historically focused on merchandise priced at a fixed dollar point and have expanded to include multiple price points through initiatives such as Dollar Tree Plus.