Polianta Ltd Invests $1.39 Million in Dollar Tree, Inc. $DLTR

Key Points

• Polianta Ltd has acquired 14,000 shares of Dollar Tree, Inc., valued at approximately $1.39 million, showcasing increased institutional investment in the retailer.
• Dollar Tree's stock has seen significant gains, recently reporting a 12.3% increase in revenue year-over-year despite a negative net margin.
• Analysts have mixed ratings on Dollar Tree, with a consensus rating of "Hold" and an average price target of $109.28.

Polianta Ltd acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 14,000 shares of the company's stock, valued at approximately $1,386,000.

Several other large investors also recently modified their holdings of the company. Sherbrooke Park Advisers LLC acquired a new stake in Dollar Tree in the fourth quarter worth $222,000. State of Wyoming acquired a new stake in Dollar Tree in the fourth quarter worth $316,000. Two Sigma Advisers LP acquired a new stake in Dollar Tree in the fourth quarter worth $20,278,000. Twinbeech Capital LP acquired a new stake in Dollar Tree in the fourth quarter worth $3,211,000. Finally, Vident Advisory LLC grew its holdings in Dollar Tree by 11.3% in the fourth quarter. Vident Advisory LLC now owns 3,975 shares of the company's stock worth $298,000 after purchasing an additional 402 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Trading Down 0.4%

NASDAQ DLTR traded down $0.36 during trading on Monday, hitting $94.90. The company had a trading volume of 1,574,387 shares, compared to its average volume of 4,236,988. The company has a current ratio of 1.04, a quick ratio of 0.27 and a debt-to-equity ratio of 0.67. Dollar Tree, Inc. has a one year low of $60.49 and a one year high of $118.06. The company has a market cap of $19.36 billion, a price-to-earnings ratio of -6.99, a price-to-earnings-growth ratio of 1.73 and a beta of 0.89. The company's fifty day moving average is $109.16 and its 200-day moving average is $93.06.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.39. The company had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.46 billion. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. Dollar Tree's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period last year, the business earned $0.67 EPS. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, sell-side analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Dollar Tree announced that its Board of Directors has initiated a share repurchase plan on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 11.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of research reports. Morgan Stanley raised their price target on shares of Dollar Tree from $96.00 to $105.00 and gave the stock an "equal weight" rating in a report on Friday, September 5th. Guggenheim dropped their price objective on shares of Dollar Tree from $130.00 to $125.00 and set a "buy" rating on the stock in a research note on Monday, September 8th. BMO Capital Markets raised their price objective on shares of Dollar Tree from $80.00 to $85.00 and gave the company a "market perform" rating in a research note on Thursday, June 5th. Wells Fargo & Company reaffirmed an "overweight" rating on shares of Dollar Tree in a research note on Wednesday, September 3rd. Finally, Jefferies Financial Group initiated coverage on shares of Dollar Tree in a research note on Thursday, July 17th. They issued a "hold" rating and a $106.00 price objective on the stock. Eight analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $109.28.

Insider Buying and Selling

In other news, Director Stephanie Stahl sold 1,185 shares of the firm's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $100.32, for a total transaction of $118,879.20. Following the sale, the director owned 4,089 shares of the company's stock, valued at $410,208.48. This trade represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 6.60% of the company's stock.

About Dollar Tree

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.