Dollar Tree, Inc. $DLTR Stock: Crossmark Global Holdings Inc. Raises Holdings

Key Points

• Crossmark Global Holdings increased its Dollar Tree stake by 476% in the third quarter, owning 98,549 shares worth approximately $11.2 million. Institutional investors collectively hold 97.4% of the company’s stock.
• Analysts have a mixed outlook, with a consensus “Hold” rating and an average price target of $133.14; targets in recent reports ranged from $131 to $170.
• Dollar Tree reported quarterly adjusted earnings of $2.70 per share, substantially above the $1.15 estimate, while revenue rose 7% year over year to $4.89 billion. The company also authorized a $2.5 billion share-repurchase program.

Crossmark Global Holdings Inc. raised its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 476.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 98,549 shares of the company's stock after buying an additional 81,440 shares during the quarter. Crossmark Global Holdings Inc. owned about 0.05% of Dollar Tree worth $11,237,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. BlackRock Inc. purchased a new position in Dollar Tree in the 2nd quarter valued at about $2,643,741,000. Pzena Investment Management LLC purchased a new stake in shares of Dollar Tree during the second quarter worth about $1,176,661,000. Primecap Management Co. CA acquired a new position in shares of Dollar Tree in 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 approximately $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 approximately $205,631,000. Hedge funds and other institutional investors own 97.40% of the company's stock.

Analysts Set New Price Targets

DLTR has been the subject of several recent analyst reports. The Goldman Sachs Group reaffirmed a "neutral" rating and issued a $131.00 target price on shares of Dollar Tree in a research note on Monday, August 31st. Jefferies Financial Group raised Dollar Tree from a "moderate sell" rating to a "buy" rating in a research note on Wednesday, July 8th. BMO Capital Markets reissued a "market perform" rating and set a $135.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Evercore set a $135.00 price objective on Dollar Tree in a report on Tuesday, September 29th. Finally, JPMorgan Chase & Co. upped their target price on Dollar Tree from $160.00 to $170.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. 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 company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $133.14.

Dollar Tree Stock Up 4.4%

DLTR opened at $131.04 on Friday. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The firm has a 50 day moving average price of $122.08 and a 200 day moving average price of $115.35. 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 company has a market cap of $24.59 billion, a PE ratio of 18.19, a price-to-earnings-growth ratio of 1.16 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating 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 firm had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same period in the previous year, the company posted $0.77 earnings per share. Dollar Tree'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. Sell-side analysts expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree announced that its board has initiated a share repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to buy up to 10.7% of its shares through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the firm's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the transaction, the director directly owned 4,089 shares of the company's stock, valued at $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 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 value of $315,025.00. Following the transaction, the insider owned 24,820 shares in the company, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by corporate insiders.

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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