Surience Private Wealth LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• Surience Private Wealth LLC initiated a Dollar Tree position, purchasing 23,429 shares worth approximately $2.67 million in the third quarter. Institutional investors collectively own 97.4% of the company.
• Analyst sentiment is mixed but leans positive, with 11 Buy, 13 Hold, and 2 Sell ratings and an average price target of $133.14 versus the reported share price of $124.18.
• 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.

Surience Private Wealth LLC acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 23,429 shares of the company's stock, valued at approximately $2,671,000. Dollar Tree accounts for about 2.7% of Surience Private Wealth LLC's portfolio, making the stock its 10th largest holding.

Several other hedge funds have also modified their holdings of DLTR. Algert Global LLC increased its holdings in Dollar Tree by 17.9% in the 2nd quarter. Algert Global LLC now owns 69,452 shares of the company's stock worth $7,995,000 after acquiring an additional 10,547 shares in the last quarter. Wealthfront Advisers LLC lifted its holdings in Dollar Tree by 13.7% during the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company's stock valued at $8,431,000 after purchasing an additional 9,288 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in Dollar Tree during the second quarter valued at $110,626,000. Sequoia Financial Advisors LLC grew its position in shares of Dollar Tree by 155.7% in the second quarter. Sequoia Financial Advisors LLC now owns 32,295 shares of the company's stock valued at $3,906,000 after purchasing an additional 19,665 shares during the period. Finally, Baird Financial Group Inc. acquired a new stake in shares of Dollar Tree in the second quarter valued at about $7,600,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on DLTR shares. Jefferies Financial Group upgraded shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a research report on Wednesday, July 8th. Truist Financial lifted their price objective on Dollar Tree from $136.00 to $138.00 and gave the stock a "buy" rating in a report on Tuesday, August 25th. UBS Group boosted their price objective on Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Evercore set a $135.00 target price on Dollar Tree in a report on Tuesday, September 29th. Finally, BMO Capital Markets restated a "market perform" rating and issued a $135.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. 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 company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $133.14.

Insider Buying and Selling

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the completion of the transaction, 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 transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the firm's stock in a transaction that occurred 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 transaction, the director owned 4,089 shares in the company, valued at $537,580.83. This represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by company insiders.

Dollar Tree Price Performance

DLTR traded down $0.23 during trading on Friday, reaching $124.18. The company's stock had a trading volume of 2,142,915 shares, compared to its average volume of 2,338,918. The company has a market cap of $23.30 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 1.15 and a beta of 0.71. The firm has a fifty day simple moving average of $122.29 and a two-hundred day simple moving average of $114.79. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year 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 released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion for 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 firm's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $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. As a group, analysts anticipate that Dollar Tree, Inc. will post 7.93 EPS for the current year.

Dollar Tree announced that its board has authorized a stock buyback plan on Thursday, July 2nd that permits the company to buy back $2.50 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Share repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

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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