Dollar Tree, Inc. $DLTR Shares Newly Acquired by Contravisory Investment Management Inc.

Contravisory Investment Management Inc. acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 14,361 shares of the company’s stock, valued at approximately $1,637,000.

A number of other large investors have also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in Dollar Tree in the second quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at approximately $1,176,661,000. Primecap Management Co. CA purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at approximately $455,845,000. Bank of America Corp DE acquired a new stake in shares of Dollar Tree in the 2nd quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of Dollar Tree in the 2nd quarter valued at $205,631,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Stock Down 1.1%

Shares of NASDAQ:DLTR traded down $1.33 during trading on Tuesday, hitting $116.28. 1,890,117 shares of the company were exchanged, compared to its average volume of 3,150,439. The firm’s 50 day moving average price is $122.67 and its 200-day moving average price is $114.49. Dollar Tree, Inc. has a 12-month low of $85.88 and a 12-month high of $142.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The stock has a market capitalization of $21.82 billion, a P/E ratio of 14.20, a PEG ratio of 1.10 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last posted its 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. 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 for the quarter, compared to the consensus estimate of $4.86 billion. During the same period last year, the firm posted $0.77 EPS. The company’s revenue was up 7.0% on a year-over-year basis. 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 predict that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Share repurchase plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the sale, the insider directly 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 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 directly owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This represents a 22.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is owned by corporate insiders.

Analyst Ratings Changes

DLTR has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased their target price on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Raymond James Financial restated an “outperform” rating and issued a $145.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Weiss Ratings raised Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Evercore set a $135.00 price objective on Dollar Tree in a research report on Tuesday, September 29th. Finally, Loop Capital raised Dollar Tree from a “hold” rating to a “buy” rating and upped their price objective for the stock from $130.00 to $140.00 in a research report on Thursday, October 1st. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and an average target price 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.