Sumitomo Mitsui Trust Group Inc. Sells 33,760 Shares of Dollar Tree, Inc. $DLTR

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 7.2% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 432,243 shares of the company’s stock after selling 33,760 shares during the period. Sumitomo Mitsui Trust Group Inc.’s holdings in Dollar Tree were worth $49,284,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of DLTR. Algert Global LLC grew its holdings in shares of Dollar Tree by 17.9% during the second quarter. Algert Global LLC now owns 69,452 shares of the company’s stock worth $7,995,000 after buying an additional 10,547 shares during the last quarter. Wealthfront Advisers LLC grew its position in shares of Dollar Tree by 13.7% in the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock valued at $8,431,000 after purchasing an additional 9,288 shares during the period. Empirical Finance LLC grew its stake in shares of Dollar Tree by 983.9% during the 2nd quarter. Empirical Finance LLC now owns 79,398 shares of the company’s stock valued at $9,455,000 after buying an additional 72,073 shares during the period. Bank of New York Mellon Corp purchased a new position in Dollar Tree in the second quarter valued at approximately $110,626,000. Finally, Nykredit A S purchased a new stake in shares of Dollar Tree in the second quarter worth about $10,141,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Insider Buying and Selling at Dollar Tree

In related news, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction 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 directly owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. The trade was a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction 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 in the company, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on DLTR. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Truist Financial raised their price target on Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday, August 25th. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar Tree in a report on Friday, August 28th. Wells Fargo & Company increased their price objective on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Finally, The Goldman Sachs Group restated a “neutral” rating and set a $131.00 price target on shares of Dollar Tree in a report on Monday, August 31st. Eleven analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $133.14.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR opened at $147.00 on Thursday. The firm has a market cap of $27.58 billion, a price-to-earnings ratio of 19.43, a P/E/G ratio of 1.24 and a beta of 0.64. Dollar Tree, Inc. has a 52 week low of $85.88 and a 52 week high of $148.37. The business’s 50-day simple moving average is $122.13 and its 200-day simple moving average is $117.16. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13.

Dollar Tree (NASDAQ:DLTR) last released its 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 business had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the company 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 expect that Dollar Tree, Inc. will post 7.92 earnings per share for the current fiscal year.

Dollar Tree Profile

Dollar Tree, Inc (NASDAQ: DLTR) is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.