Castleview Partners LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• Castleview Partners acquired 9,428 Dollar Tree shares worth approximately $1.08 million in the third quarter. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported quarterly EPS of $2.70, exceeding 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.
• Analyst sentiment is mixed, with 11 Buy, 13 Hold and 2 Sell ratings; the stock has a consensus rating of Hold and an average price target of $131.83.

Castleview Partners LLC acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,428 shares of the company's stock, valued at approximately $1,075,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Algert Global LLC lifted its holdings in 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 acquiring an additional 10,547 shares in the last quarter. Wealthfront Advisers LLC increased its holdings 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 worth $8,431,000 after acquiring an additional 9,288 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Dollar Tree in the second quarter worth about $110,626,000. Sequoia Financial Advisors LLC raised its position in shares of Dollar Tree by 155.7% during the second quarter. Sequoia Financial Advisors LLC now owns 32,295 shares of the company's stock worth $3,906,000 after purchasing an additional 19,665 shares during the period. Finally, Hanseatic Management Services Inc. acquired a new stake in shares of Dollar Tree during the first quarter worth about $950,000. Institutional investors own 97.40% of the company's stock.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree 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 in the company, valued at approximately $537,580.83. The trade was a 22.47% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert Aflatooni sold 2,500 shares of the business'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 sale, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 7.10% of the company's stock.

Dollar Tree Stock Up 0.0%

Shares of Dollar Tree stock opened at $118.64 on Friday. The firm has a market cap of $22.26 billion, a PE ratio of 14.49, a P/E/G ratio of 1.10 and a beta of 0.71. The business's 50 day simple moving average is $123.20 and its 200 day simple moving average is $114.31. 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, 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. The firm had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The business's revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.77 EPS. 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, analysts predict that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

Dollar Tree announced that its board has initiated 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. Stock buyback programs are generally an indication that the company's board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on DLTR shares. BMO Capital Markets reiterated a "market perform" rating and issued a $135.00 price objective on shares of Dollar Tree in a research report on Friday, August 28th. Jefferies Financial Group upgraded shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a report on Wednesday, July 8th. UBS Group lifted their price target 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. Evercore set a $135.00 price target on shares of Dollar Tree in a report on Tuesday, September 29th. Finally, JPMorgan Chase & Co. raised their price objective 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 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. Based on data from MarketBeat.com, Dollar Tree currently 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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