Insight Wealth Strategies LLC Purchases 83,399 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Insight Wealth Strategies LLC initiated a Dollar Tree position by purchasing 83,399 shares valued at approximately $9.5 million, making DLTR about 1% of its portfolio. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported quarterly EPS of $2.70, well above 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-buyback program, representing up to 10.7% of outstanding shares.
• DLTR recently traded near $117.96, while analysts maintain a consensus “Hold” rating and an average price target of $131.83. Two company insiders sold shares, and Barclays was among the firms that raised its price target, to $160.

Insight Wealth Strategies LLC acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 83,399 shares of the company's stock, valued at approximately $9,509,000. Dollar Tree accounts for about 1.0% of Insight Wealth Strategies LLC's investment portfolio, making the stock its 28th biggest holding.

Other large investors have also made changes to their positions in the company. Basecamp Wealth Advisors LLC increased its stake in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock valued at $28,000 after acquiring an additional 97 shares during the period. Wilkerson Advisory Group LLC lifted its position in shares of Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock worth $29,000 after acquiring an additional 117 shares during the period. Valeo Financial Advisors LLC grew its holdings in shares of Dollar Tree by 3.5% during the 2nd quarter. Valeo Financial Advisors LLC now owns 3,475 shares of the company's stock worth $420,000 after purchasing an additional 118 shares in the last quarter. IFM Investors Pty Ltd grew its holdings in shares of Dollar Tree by 0.3% during the 1st quarter. IFM Investors Pty Ltd now owns 39,090 shares of the company's stock worth $4,281,000 after purchasing an additional 125 shares in the last quarter. Finally, Burney Co. increased its position in shares of Dollar Tree by 1.9% during the first quarter. Burney Co. now owns 7,663 shares of the company's stock valued at $839,000 after purchasing an additional 145 shares during the period. Institutional investors and hedge funds own 97.40% of the company's stock.

Insider Buying and Selling

In other news, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction 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 sale, the director owned 4,089 shares in the company, valued at $537,580.83. The trade was a 22.47% decrease in their position. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by corporate insiders.

Dollar Tree Price Performance

Shares of Dollar Tree stock traded down $0.66 during mid-day trading on Friday, reaching $117.96. 352,857 shares of the stock were exchanged, compared to its average volume of 3,160,876. The company has a market cap of $22.13 billion, a price-to-earnings ratio of 14.41, a price-to-earnings-growth ratio of 1.08 and a beta of 0.71. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. The firm has a 50-day simple moving average of $123.37 and a 200 day simple moving average of $114.27. Dollar Tree, Inc. has a fifty-two week low of $85.88 and a fifty-two 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 EPS for the quarter, beating analysts' consensus estimates of $1.15 by $1.55. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 earnings per share. 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, sell-side analysts predict that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

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

Analyst Ratings Changes

DLTR has been the subject of a number of recent research reports. Piper Sandler upped their target price on Dollar Tree from $114.00 to $121.00 and gave the company a "neutral" rating in a research note on Monday, August 31st. BMO Capital Markets reissued a "market perform" rating and issued a $135.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Barclays increased their price objective on shares of Dollar Tree from $140.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, September 4th. Evercore set a $135.00 price objective on shares of Dollar Tree in a report on Tuesday, September 29th. Finally, The Goldman Sachs Group reiterated a "neutral" rating and set a $131.00 target price on shares of Dollar Tree in a research report on Monday, August 31st. Eleven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target 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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