NewEdge Advisors LLC Raises Stake in Dollar Tree, Inc. $DLTR

Key Points

• NewEdge Advisors significantly increased its Dollar Tree stake by 468.9% in the second quarter, bringing its holdings to 26,509 shares valued at approximately $3.2 million. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported strong quarterly results, with earnings per share of $2.70 versus estimates of $1.15 and revenue of $4.89 billion, up 7% year over year. The company also authorized a $2.5 billion share-repurchase program.
• Analyst sentiment remains mixed: Dollar Tree has an average “Hold” rating and a consensus price target of $131.68, while the stock recently opened at $112.40. Two company insiders also recently sold shares.

NewEdge Advisors LLC grew its holdings in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 468.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,509 shares of the company's stock after acquiring an additional 21,849 shares during the period. NewEdge Advisors LLC's holdings in Dollar Tree were worth $3,206,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Optimize Financial Inc lifted its holdings in shares of Dollar Tree by 1.4% in the fourth quarter. Optimize Financial Inc now owns 6,000 shares of the company's stock worth $738,000 after buying an additional 84 shares in the last quarter. Covestor Ltd lifted its stake in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company's stock worth $27,000 after purchasing an additional 84 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of Dollar Tree by 27.6% during the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company's stock valued at $48,000 after purchasing an additional 85 shares during the last quarter. Deseret Mutual Benefit Administrators grew its position in shares of Dollar Tree by 7.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company's stock valued at $149,000 after purchasing an additional 86 shares in the last quarter. Finally, SouthState Bank Corp increased its holdings in shares of Dollar Tree by 4.9% in the fourth quarter. SouthState Bank Corp now owns 2,010 shares of the company's stock worth $247,000 after purchasing an additional 93 shares during the last quarter. Institutional investors own 97.40% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Raymond James Financial restated an "outperform" rating and set a $145.00 price target on shares of Dollar Tree in a report on Friday, August 28th. 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. Truist Financial raised their target price on shares of Dollar Tree from $136.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, August 25th. BNP Paribas Exane boosted their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an "underperform" rating in a research report on Friday, May 29th. Finally, Freedom Capital downgraded shares of Dollar Tree from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat, Dollar Tree presently has an average rating of "Hold" and an average target price of $131.68.

Dollar Tree Stock Down 0.3%

Shares of NASDAQ:DLTR opened at $112.40 on Thursday. The business's 50 day moving average is $126.80 and its 200 day moving average is $114.25. The stock has a market cap of $21.09 billion, a P/E ratio of 13.72, a price-to-earnings-growth ratio of 1.04 and a beta of 0.66. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its 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 return on equity of 38.61% and a net margin of 8.03%.The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the company posted $0.77 EPS. Dollar Tree's revenue was up 7.0% on a year-over-year basis. 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 predict that Dollar Tree, Inc. will post 7.95 EPS for the current year.

Dollar Tree declared that its Board of Directors has initiated a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes 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.

Insider Transactions at Dollar Tree

In related news, Director Stephanie Stahl sold 1,185 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the sale, the director directly owned 4,089 shares of the company's stock, valued at $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction dated 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 approximately $3,127,568.20. The trade was 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 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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