Dollar Tree, Inc. $DLTR Stock Position Increased by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada more than doubled its Dollar Tree position in the third quarter, adding 16,900 shares to own 33,041 shares valued at approximately $3.7 million. Institutional investors collectively own 97.4% of DLTR.
• Analysts raised several price targets, including JPMorgan’s increase to $170, but the overall consensus remains a “Hold” rating with an average target of $133.14.
• Dollar Tree reported quarterly EPS of $2.70, well above the $1.15 consensus estimate, while revenue rose 7% year over year to $4.89 billion. The company also authorized a $2.5 billion share-repurchase program, covering up to 10.7% of outstanding shares.

TD Waterhouse Canada Inc. raised its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 104.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,041 shares of the company's stock after acquiring an additional 16,900 shares during the period. TD Waterhouse Canada Inc.'s holdings in Dollar Tree were worth $3,719,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on DLTR shares. Truist Financial increased their target price on shares of Dollar Tree from $136.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, August 25th. Benchmark began coverage on shares of Dollar Tree in a research report on Wednesday, July 8th. They set a "hold" rating on the stock. JPMorgan Chase & Co. boosted their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Guggenheim upped their price target on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, August 25th. Finally, UBS Group upped their price target on shares of Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Eleven research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Dollar Tree presently has a consensus rating of "Hold" and an average price target of $133.14.

Insider Buying and Selling

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 transaction of $155,791.95. Following the completion of the sale, the director owned 4,089 shares of the company's stock, valued at $537,580.83. This trade represents a 22.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the business's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by corporate insiders.

Dollar Tree Stock Up 1.5%

DLTR opened at $124.96 on Wednesday. Dollar Tree, Inc. has a one year low of $85.88 and a one 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's fifty day moving average is $122.11 and its 200-day moving average is $115.07. The company has a market capitalization of $23.45 billion, a PE ratio of 17.85, a P/E/G ratio of 1.14 and a beta of 0.71.

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

Dollar Tree announced that its Board of Directors has initiated a stock buyback program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This buyback authorization permits the company to buy up to 10.7% of its shares through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Dollar Tree 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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