Dollar Tree, Inc. $DLTR Shares Newly Purchased by Arvest Investments Inc.

Key Points

• Arvest Investments acquired 10,171 Dollar Tree shares worth approximately $1.16 million during the third quarter. Institutional investors and hedge funds collectively own 97.4% of the company.
• Analysts remain mixed, with an overall “Hold” rating and an average price target of $133.14. Recent targets range from $121 to $170 per share.
• Dollar Tree reported strong quarterly results, earning $2.70 per share on $4.89 billion in revenue, while also approving a $2.5 billion share-repurchase program covering up to 10.7% of outstanding shares.

Arvest Investments Inc. acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,171 shares of the company's stock, valued at approximately $1,160,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Algert Global LLC lifted its stake in shares of 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 purchasing an additional 10,547 shares in the last quarter. Wealthfront Advisers LLC boosted its position 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 buying an additional 9,288 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of Dollar Tree in the second quarter worth about $110,626,000. Sequoia Financial Advisors LLC boosted its position in shares of Dollar Tree by 155.7% in the second quarter. Sequoia Financial Advisors LLC now owns 32,295 shares of the company's stock worth $3,906,000 after buying an additional 19,665 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in shares of Dollar Tree by 347.1% in the second quarter. Integrated Wealth Concepts LLC now owns 19,005 shares of the company's stock valued at $2,299,000 after buying an additional 14,754 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on DLTR shares. JPMorgan Chase & Co. raised their target price on Dollar Tree from $160.00 to $170.00 and gave the company an "overweight" rating in a report on Monday, July 6th. The Goldman Sachs Group reissued a "neutral" rating and set a $131.00 price target on shares of Dollar Tree in a research report on Monday, August 31st. Morgan Stanley upped their price target on Dollar Tree from $130.00 to $145.00 and gave the stock an "equal weight" rating in a report on Friday, August 28th. Piper Sandler increased their price objective on shares of Dollar Tree from $114.00 to $121.00 and gave the company a "neutral" rating in a research report on Monday, August 31st. Finally, Guggenheim increased their price objective on shares of Dollar Tree from $135.00 to $145.00 and gave the company a "buy" rating in a research report on Tuesday, August 25th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Dollar Tree presently has an average rating of "Hold" and an average target price of $133.14.

Dollar Tree Stock Performance

Dollar Tree stock opened at $125.48 on Thursday. The company has a market cap of $23.54 billion, a PE ratio of 18.11, a P/E/G ratio of 1.16 and a beta of 0.71. The company has a fifty day moving average price of $122.04 and a two-hundred day moving average price of $115.19. 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 12 month low of $85.88 and a 12 month high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its 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 company had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same period in the prior year, the company earned $0.77 earnings per share. The firm's 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. Research analysts expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has approved a share buyback program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's leadership believes its shares are undervalued.

Insider Buying and Selling

In other news, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction that occurred on 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 approximately $3,127,568.20. This represents a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was 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 approximately $537,580.83. This trade 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 NASDAQ: DLTR is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.

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