Live Oak Private Wealth LLC Has $15.26 Million Stock Holdings in Dollar Tree, Inc. $DLTR

Key Points

• Live Oak Private Wealth reduced its Dollar Tree stake by 15.4% in the second quarter, selling 22,993 shares and retaining 126,189 shares valued at approximately $15.26 million.
• Institutional ownership remains high at 97.4%, with major investors including BlackRock and Pzena Investment Management establishing sizable new positions during the second quarter.
• Dollar Tree reported strong quarterly results, with EPS of $2.70 versus the $1.15 consensus estimate and revenue rising 7% year over year to $4.89 billion. Analysts maintain a consensus “Hold” rating with a $130.36 price target, while the company authorized a $2.5 billion share-repurchase program.

Live Oak Private Wealth LLC decreased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 15.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 126,189 shares of the company's stock after selling 22,993 shares during the quarter. Dollar Tree accounts for approximately 2.0% of Live Oak Private Wealth LLC's holdings, making the stock its 12th biggest position. Live Oak Private Wealth LLC owned approximately 0.07% of Dollar Tree worth $15,263,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. BlackRock Inc. acquired a new stake in Dollar Tree during the 2nd quarter worth about $2,643,741,000. Pzena Investment Management LLC acquired a new position in shares of Dollar Tree in the 2nd quarter valued at about $1,176,661,000. State Street Corp increased its holdings in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company's stock valued at $889,141,000 after purchasing an additional 319,938 shares during the period. Primecap Management Co. CA purchased a new stake in shares of Dollar Tree in the second quarter worth approximately $455,845,000. Finally, Alliancebernstein L.P. lifted its position in shares of Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock worth $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on DLTR shares. Gordon Haskett raised shares of Dollar Tree from a "reduce" rating to a "hold" rating and set a $115.00 price objective on the stock in a research report on Thursday, June 4th. UBS Group upped their price objective on shares of Dollar Tree from $145.00 to $150.00 and gave the company a "buy" rating in a research note on Friday. Raymond James Financial reiterated an "outperform" rating and issued a $145.00 target price on shares of Dollar Tree in a research report on Friday. Wall Street Zen raised shares of Dollar Tree from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Finally, Jefferies Financial Group upgraded shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $130.36.

Insider Buying and Selling

In other Dollar Tree 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 transaction, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 7.10% of the stock is currently owned by company insiders.

Dollar Tree Price Performance

NASDAQ DLTR opened at $131.71 on Wednesday. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The stock's 50-day moving average is $126.65 and its two-hundred day moving average is $114.79. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The firm has a market cap of $24.71 billion, a P/E ratio of 16.08, a price-to-earnings-growth ratio of 1.17 and a beta of 0.66.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.The firm's revenue was up 7.0% on a year-over-year basis. During the same quarter in the prior 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, analysts anticipate that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

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

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company's stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree's merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.

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