VIRGINIA RETIREMENT SYSTEMS ET Al Buys 50,173 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Virginia Retirement Systems increased its Dollar Tree stake by 43.3%, purchasing 50,173 shares to hold 166,023 shares valued at approximately $18.93 million. Institutional investors collectively own 97.4% of the stock.
• Analyst sentiment remains mixed: Dollar Tree has an average “Hold” rating and a consensus price target of $133.14, despite upgrades from Wall Street Zen, Wells Fargo, and UBS.
• Dollar Tree reported quarterly EPS of $2.70, far above the $1.15 consensus estimate, while revenue rose 7% year over year to $4.89 billion. Two company insiders recently sold shares, and insiders currently own 7.1% of the stock.

VIRGINIA RETIREMENT SYSTEMS ET Al increased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 43.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 166,023 shares of the company's stock after purchasing an additional 50,173 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al owned approximately 0.09% of Dollar Tree worth $18,930,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

DLTR has been the subject of a number of research reports. Wall Street Zen raised Dollar Tree from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Wells Fargo & Company lifted their price target on shares of Dollar Tree from $145.00 to $155.00 and gave the company an "overweight" rating in a research note on Monday, August 17th. Benchmark initiated coverage on shares of Dollar Tree in a report on Wednesday, July 8th. They issued a "hold" rating for the company. UBS Group upped their target price on shares of Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a research note on Friday, August 28th. Finally, BMO Capital Markets reiterated a "market perform" rating and set a $135.00 target price on shares of Dollar Tree in a 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 issued a Sell rating to the company. Based on data from MarketBeat.com, Dollar Tree presently has an average rating of "Hold" and a consensus target price of $133.14.

Dollar Tree Stock Up 1.4%

Dollar Tree stock opened at $133.87 on Friday. The company has a market cap of $25.12 billion, a P/E ratio of 16.35, a price-to-earnings-growth ratio of 1.24 and a beta of 0.71. Dollar Tree, Inc. has a 1-year low of $85.88 and a 1-year high of $142.40. The company has a fifty day simple moving average of $121.79 and a 200 day simple moving average of $117.16. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping 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 firm had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same period in the previous year, the firm posted $0.77 EPS. The company's revenue for the quarter 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. Research analysts anticipate that Dollar Tree, Inc. will post 7.92 earnings per share for the current fiscal year.

Insider Transactions at Dollar Tree

In related 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 transaction 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 7.10% of the stock is currently owned by insiders.

Dollar Tree Profile

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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