29,912 Shares of Dollar Tree, Inc. $DLTR Bought by First Citizens Bank & Trust Co.

Key Points

• First Citizens Bank & Trust Co. acquired 29,912 Dollar Tree shares worth approximately $3.41 million in the third quarter. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported quarterly earnings of $2.70 per share, significantly exceeding the $1.15 analyst consensus, while revenue rose 7% year over year to $4.89 billion.
• The company authorized a $2.5 billion share-repurchase program, covering up to 10.7% of outstanding shares. Analysts maintain a consensus “Hold” rating with an average price target of $131.83.

First Citizens Bank & Trust Co. bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 29,912 shares of the company's stock, valued at approximately $3,411,000.

A number of other institutional investors also recently modified their holdings of the business. Signal Advisors Wealth LLC boosted its holdings in Dollar Tree by 23.4% during the 3rd quarter. Signal Advisors Wealth LLC now owns 18,291 shares of the company's stock valued at $2,086,000 after acquiring an additional 3,463 shares during the period. Krilogy Financial LLC increased its stake in Dollar Tree by 289.9% in the 3rd quarter. Krilogy Financial LLC now owns 9,768 shares of the company's stock worth $1,072,000 after purchasing an additional 7,263 shares during the period. RHS Financial LLC increased its stake in Dollar Tree by 6.2% in the 3rd quarter. RHS Financial LLC now owns 3,060 shares of the company's stock worth $349,000 after purchasing an additional 178 shares during the period. Forvis Mazars Wealth Advisors LLC purchased a new position in Dollar Tree in the 3rd quarter worth approximately $521,000. Finally, Contravisory Investment Management Inc. bought a new stake in Dollar Tree in the third quarter valued at approximately $1,637,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Trading Up 4.7%

Dollar Tree stock opened at $121.76 on Thursday. The stock has a market cap of $22.85 billion, a P/E ratio of 16.85, a PEG ratio of 1.08 and a beta of 0.71. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The firm's 50 day moving average price is $122.53 and its 200-day moving average price is $114.60.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its quarterly earnings data 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 company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the prior year, the company posted $0.77 EPS. The firm's revenue for the quarter 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, equities analysts predict that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

Dollar Tree declared that its board has initiated a stock buyback program on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Stock repurchase programs are generally an indication that the company's board of directors believes its shares are undervalued.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total transaction 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 trade represents a 22.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert Aflatooni sold 2,500 shares of the company's stock in a transaction dated 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 transaction, the insider 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 disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on DLTR. Morgan Stanley upped their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an "equal weight" rating in a report on Friday, August 28th. Jefferies Financial Group raised shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a report on Wednesday, July 8th. The Goldman Sachs Group restated a "neutral" rating and issued a $131.00 price objective on shares of Dollar Tree in a research report on Monday, August 31st. Sanford C. Bernstein reaffirmed a "market perform" rating and set a $130.00 price objective on shares of Dollar Tree in a research note on Friday, August 28th. Finally, JPMorgan Chase & Co. increased their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. 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. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $131.83.

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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