14,769 Dollar Tree, Inc. $DLTR Shares Bought by State of Alaska Department of Revenue

Key Points

• State of Alaska increased its Dollar Tree position by 83.2% in the third quarter, buying 14,769 shares and bringing its total holdings to 32,513 shares valued at approximately $3.7 million. Institutional investors and hedge funds collectively own 97.4% of DLTR.
• Dollar Tree reported quarterly earnings of $2.70 per share, well above the $1.15 analyst consensus, while revenue rose 7% year over year to $4.89 billion. The company also authorized a $2.5 billion share-repurchase program, representing up to 10.7% of outstanding shares.
• Analyst sentiment remains mixed: 11 analysts rate the stock a Buy, 13 a Hold, and two a Sell, producing an overall “Hold” rating and a consensus price target of $133.14 versus the reported share price of $124.18.

State of Alaska Department of Revenue grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 83.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 32,513 shares of the company's stock after purchasing an additional 14,769 shares during the period. State of Alaska Department of Revenue's holdings in Dollar Tree were worth $3,707,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Reflection Asset Management purchased a new position in shares of Dollar Tree in the fourth quarter valued at $25,000. Basecamp Wealth Advisors LLC grew its holdings in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock valued at $28,000 after purchasing an additional 97 shares in the last quarter. EFG International AG acquired a new stake in Dollar Tree during the 2nd quarter valued at $30,000. Wilkerson Advisory Group LLC grew its holdings in Dollar Tree by 80.1% during the 1st 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 stake in Dollar Tree during the 2nd quarter worth $33,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of DLTR opened at $124.18 on Friday. The firm has a market cap of $23.30 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 1.15 and a beta of 0.71. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. The business's 50 day moving average is $122.29 and its two-hundred day moving average is $114.79. Dollar Tree, Inc. has a 52-week low of $85.88 and a 52-week high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping 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 business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter last year, the company earned $0.77 earnings per share. The business's quarterly 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. Analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has approved a stock repurchase program on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Share buyback programs are generally an indication that the company's management believes its stock is 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 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 transaction, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction of $155,791.95. Following the transaction, the director owned 4,089 shares in the company, valued at $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 7.10% of the company's stock.

Analyst Ratings Changes

DLTR has been the topic of a number of recent analyst reports. Benchmark assumed coverage on shares of Dollar Tree in a report on Wednesday, July 8th. They issued a "hold" rating on the stock. Jefferies Financial Group raised shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a research report on Wednesday, July 8th. Piper Sandler raised their target price on Dollar Tree from $114.00 to $121.00 and gave the company a "neutral" rating in a research note on Monday, August 31st. UBS Group lifted their target price on Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Finally, Sanford C. Bernstein reaffirmed a "market perform" rating and set a $130.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $133.14.

Dollar Tree Company 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.

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