Applied Capital LLC FL Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• Applied Capital LLC FL initiated a Dollar Tree position in the third quarter, purchasing 9,570 shares valued at approximately $1.09 million. Institutional investors collectively own 97.4% of the company.
• Analyst sentiment is mixed but leans positive: 11 analysts rate the stock a Buy, 13 a Hold, and two a Sell, with a consensus price target of $131.83 versus the reported $116.30 opening price.
• Dollar Tree reported quarterly EPS of $2.70, exceeding estimates of $1.15, while revenue rose 7% year over year to $4.89 billion. The company also authorized a $2.5 billion share buyback, covering up to 10.7% of outstanding shares.

Applied Capital LLC FL purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 9,570 shares of the company's stock, valued at approximately $1,091,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DLTR. BlackRock Inc. acquired a new position in Dollar Tree in the 2nd quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC bought a new stake in shares of Dollar Tree during the second quarter valued at approximately $1,176,661,000. Primecap Management Co. CA bought a new stake in shares of Dollar Tree during the second quarter valued at approximately $455,845,000. Bank of America Corp DE acquired a new position in shares of Dollar Tree in the second quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new position in shares of Dollar Tree in the second quarter valued at $205,631,000. Institutional investors own 97.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on DLTR shares. Guggenheim raised their target price on Dollar Tree from $135.00 to $145.00 and gave the stock a "buy" rating in a research report on Tuesday, August 25th. Wells Fargo & Company increased 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. Raymond James Financial reaffirmed an "outperform" rating and set a $145.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. UBS Group upped their target price on shares of Dollar Tree from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Friday, August 28th. Finally, Benchmark started coverage on shares of Dollar Tree in a research report on Wednesday, July 8th. They issued a "hold" rating for the company. Eleven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $131.83.

Dollar Tree Price Performance

NASDAQ:DLTR opened at $116.30 on Thursday. 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 firm has a market cap of $21.82 billion, a PE ratio of 14.20, a price-to-earnings-growth ratio of 1.08 and a beta of 0.71. Dollar Tree, Inc. has a 12 month low of $85.75 and a 12 month high of $142.40. The company's 50-day moving average price is $123.57 and its two-hundred day moving average price is $114.19.

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 the consensus estimate of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company's revenue was up 7.0% on a year-over-year basis. During the same quarter last year, the business posted $0.77 earnings per share. 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 anticipate that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

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

Insider Buying and Selling at Dollar Tree

In related news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the completion of the transaction, the insider directly owned 24,820 shares of the company's stock, valued at $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 in the company, valued at approximately $537,580.83. This represents a 22.47% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 7.10% of the company's stock.

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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