Integrated Wealth Concepts LLC Buys 14,754 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Integrated Wealth Concepts LLC increased its Dollar Tree stake by 347.1% in the second quarter, purchasing 14,754 additional shares and bringing its holdings to 19,005 shares valued at approximately $2.3 million.
• Institutional ownership remains very high at 97.4%, with major investors including California State Teachers Retirement System, BlackRock, and Pzena Investment Management adding or initiating significant positions.
• Dollar Tree reported strong quarterly results, with EPS of $2.70 versus the $1.15 consensus and revenue of $4.89 billion. Analysts maintain a consensus “Hold” rating with a $131.68 target price, while the company authorized a $2.5 billion share-repurchase plan.

Integrated Wealth Concepts LLC increased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 347.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 19,005 shares of the company's stock after purchasing an additional 14,754 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Dollar Tree were worth $2,299,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in DLTR. California State Teachers Retirement System raised its holdings in Dollar Tree by 13,223.3% in 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 in the last quarter. BlackRock Inc. bought a new stake in shares of Dollar Tree in the 2nd quarter valued at about $2,643,741,000. Pzena Investment Management LLC purchased a new position in shares of Dollar Tree in the 2nd quarter worth approximately $1,176,661,000. Primecap Management Co. CA purchased a new position in shares of Dollar Tree in the 2nd quarter worth approximately $455,845,000. Finally, Bank of America Corp DE bought a new position in shares of Dollar Tree during the 2nd quarter worth approximately $385,350,000. Institutional investors own 97.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DLTR shares. JPMorgan Chase & Co. raised their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. Wall Street Zen upgraded Dollar Tree from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Raymond James Financial reissued an "outperform" rating and issued a $145.00 price objective on shares of Dollar Tree in a research report on Friday, August 28th. Wells Fargo & Company boosted their target price on Dollar Tree from $145.00 to $155.00 and gave the stock an "overweight" rating in a research note on Monday, August 17th. Finally, Weiss Ratings raised Dollar Tree from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday, August 28th. 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 data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $131.68.

Insider Transactions at Dollar Tree

In related news, insider Robert Aflatooni sold 2,500 shares of the company's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the sale, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $131.47, for a total transaction of $155,791.95. Following the completion of the transaction, the director owned 4,089 shares in the company, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is currently owned by corporate insiders.

Dollar Tree Trading Up 0.8%

NASDAQ DLTR opened at $119.17 on Tuesday. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The company has a fifty day simple moving average of $127.22 and a two-hundred day simple moving average of $114.45. 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 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 (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings data 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. 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 business's quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the company 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, analysts forecast that Dollar Tree, Inc. will post 7.95 earnings per share for the current year.

Dollar Tree announced that its board has approved a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

Dollar Tree Company 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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