Corient Private Wealth LP Purchases 9,652 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Corient Private Wealth increased its Dollar Tree stake by 6.3%, purchasing 9,652 shares to hold 163,783 shares valued at approximately $19.8 million. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported strong quarterly results, with EPS of $2.70 versus the $1.15 analyst consensus and revenue of $4.89 billion, up 7% year over year. The company also authorized a $2.5 billion share-repurchase program.
• Analyst sentiment remains mixed: Dollar Tree has a consensus “Hold” rating and an average price target of $131.68, while two insiders recently sold shares totaling about $470,817.

Corient Private Wealth LP raised its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 6.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 163,783 shares of the company's stock after purchasing an additional 9,652 shares during the quarter. Corient Private Wealth LP owned 0.09% of Dollar Tree worth $19,810,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Amundi raised its holdings in shares of Dollar Tree by 25.2% in the 2nd quarter. Amundi now owns 1,259,390 shares of the company's stock valued at $152,323,000 after purchasing an additional 253,862 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Dollar Tree in the 2nd quarter worth $14,012,000. California State Teachers Retirement System lifted its holdings in shares of Dollar Tree by 13,223.3% during the second quarter. California State Teachers Retirement System now owns 34,952,131 shares of the company's stock worth $4,227,460,000 after purchasing an additional 34,689,793 shares during the period. Alan B Lancz & Associates Inc. acquired a new stake in shares of Dollar Tree in the second quarter worth $218,000. Finally, Saudi Central Bank raised its stake in shares of Dollar Tree by 88.2% during the 2nd quarter. Saudi Central Bank now owns 13,120 shares of the company's stock valued at $1,587,000 after buying an additional 6,147 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction on Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the transaction, 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 position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction that occurred 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 completion of the sale, the director directly owned 4,089 shares in the company, valued at $537,580.83. This represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 7.10% of the company's stock.

Dollar Tree Trading Up 0.8%

NASDAQ:DLTR opened at $119.17 on Tuesday. The stock has a market cap of $22.36 billion, a P/E ratio of 14.55, a P/E/G ratio of 1.09 and a beta of 0.66. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The stock has a 50-day simple moving average of $127.22 and a 200-day simple moving average of $114.45.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released 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 analysts' expectations of $4.86 billion. During the same quarter last year, the company earned $0.77 earnings per share. 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. As a group, analysts anticipate that Dollar Tree, Inc. will post 7.95 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has initiated a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of recent analyst reports. BMO Capital Markets reaffirmed a "market perform" rating and issued a $135.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. Piper Sandler raised their price target on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a "neutral" rating in a research note on Monday, August 31st. BNP Paribas Exane lifted their price objective on Dollar Tree from $88.00 to $98.00 and gave the stock an "underperform" rating in a research report on Friday, May 29th. Morgan Stanley boosted their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an "equal weight" rating in a research report on Friday, August 28th. Finally, Wells Fargo & Company lifted their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an "overweight" rating in a research note on Monday, August 17th. Eleven analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Dollar Tree presently has a consensus rating of "Hold" and an average target price of $131.68.

Dollar Tree Profile

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, seasonal items, toys, health and personal-care products, and other general merchandise. Product assortments may include both nationally recognized brands and private-label goods.

The company traces its origins to discount retail operations established in the 1950s and adopted the Dollar Tree name in the early 1990s.

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