Vest Financial LLC Makes New $62.60 Million Investment in Dollar Tree, Inc. $DLTR

Key Points

• Vest Financial LLC acquired 549,052 Dollar Tree shares worth approximately $62.6 million in the third quarter, giving it a 0.29% stake. Institutional investors and hedge funds collectively own 97.4% of the company.
• Dollar Tree reported strong quarterly results, with $2.70 in earnings per share and $4.89 billion in revenue, while revenue increased 7% year over year. The company also authorized a $2.5 billion share-repurchase plan, covering up to 10.7% of outstanding shares.
• Analyst sentiment remains mixed: the stock has an average “Hold” rating and a $133.14 price target, despite recent price-target increases from Truist Financial and UBS. Dollar Tree shares opened at $125.48, compared with a 52-week range of $85.88 to $142.40.

Vest Financial LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm purchased 549,052 shares of the company's stock, valued at approximately $62,603,000. Vest Financial LLC owned about 0.29% of Dollar Tree at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. acquired a new position in shares of Dollar Tree during the second quarter valued at about $2,643,741,000. Pzena Investment Management LLC bought a new stake in shares of Dollar Tree in the second quarter valued at about $1,176,661,000. Primecap Management Co. CA acquired a new stake in Dollar Tree during the second quarter worth about $455,845,000. Bank of America Corp DE acquired a new stake in Dollar Tree during the second quarter worth about $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in Dollar Tree during the second quarter worth about $205,631,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

NASDAQ:DLTR opened at $125.48 on Thursday. The company has a 50-day moving average of $122.04 and a 200-day moving average of $115.19. The company has a market capitalization of $23.54 billion, a price-to-earnings ratio of 15.32, a PEG ratio of 1.16 and a beta of 0.71. Dollar Tree, Inc. has a 52 week low of $85.88 and a 52 week high of $142.40. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13.

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 the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the business earned $0.77 EPS. The firm'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. As a group, equities research analysts anticipate that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

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

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Benchmark began coverage on Dollar Tree in a research note on Wednesday, July 8th. They set a "hold" rating on the stock. Truist Financial upped their price target on Dollar Tree from $136.00 to $138.00 and gave the company a "buy" rating in a report on Tuesday, August 25th. UBS Group raised their price objective on Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a research report on Friday, August 28th. Wall Street Zen raised Dollar Tree from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Finally, Sanford C. Bernstein reissued a "market perform" rating and set a $130.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $133.14.

Insider Buying and Selling

In other news, 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 value of $155,791.95. Following the completion of the transaction, the director directly owned 4,089 shares of the company's stock, valued at approximately $537,580.83. This represents a 22.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, 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 value of $315,025.00. Following the completion of the transaction, the insider directly owned 24,820 shares of the company's stock, 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 currently owned by insiders.

About Dollar Tree

Dollar Tree, Inc NASDAQ: DLTR is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.

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