Dollar Tree, Inc. $DLTR Shares Newly Purchased by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 120,686 shares of the company’s stock, valued at approximately $13,761,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Reflection Asset Management acquired a new stake in shares of Dollar Tree during the fourth quarter worth $25,000. Basecamp Wealth Advisors LLC lifted its holdings in shares of Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares in the last quarter. EFG International AG bought a new stake in shares of Dollar Tree during the second quarter worth about $30,000. Wilkerson Advisory Group LLC lifted its holdings in shares of 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 in the last quarter. Finally, Keating Financial Advisory Services Inc. purchased a new position in Dollar Tree during the 2nd quarter worth $33,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Price Performance

Shares of DLTR traded down $0.60 during mid-day trading on Friday, reaching $118.02. 339,951 shares of the stock traded hands, compared to its average volume of 3,160,770. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The company has a market cap of $22.14 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 1.08 and a beta of 0.71. The firm has a fifty day moving average price of $123.37 and a 200 day moving average price of $114.27.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted its earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.The business had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period in the previous year, the business earned $0.77 earnings per share. The firm’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. As a group, equities research analysts predict that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its board has initiated a share repurchase program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. UBS Group increased their price target on Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Wells Fargo & Company lifted their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. BMO Capital Markets restated a “market perform” rating and set a $135.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Piper Sandler lifted their price target on Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. Finally, Evercore set a $135.00 price objective on Dollar Tree in a report on Tuesday, September 29th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $131.83.

Get Our Latest Stock Analysis on DLTR

Insider Buying and Selling

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction that occurred 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 completion of the sale, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 transaction of $155,791.95. Following the completion of the transaction, the director directly owned 4,089 shares in the company, valued at $537,580.83. The trade was a 22.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 7.10% of the company’s stock.

Dollar Tree Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR – Free Report).

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.