VIRGINIA RETIREMENT SYSTEMS ET Al Purchases Shares of 115,850 Dollar Tree, Inc. $DLTR

Key Points

• Virginia Retirement Systems acquired 115,850 Dollar Tree shares worth approximately $14 million, while institutional investors collectively own 97.4% of the company.
• Dollar Tree reported strong quarterly results, with EPS of $2.70 versus the $1.15 consensus estimate and revenue of $4.89 billion, up 7% year over year.
• The company authorized a $2.5 billion share-repurchase program, while analysts maintain a consensus “Hold” rating with an average price target of $131.68.

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 115,850 shares of the company's stock, valued at approximately $14,012,000. VIRGINIA RETIREMENT SYSTEMS ET Al owned about 0.06% of Dollar Tree as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of DLTR. Algert Global LLC lifted its stake in Dollar Tree by 17.9% during the second quarter. Algert Global LLC now owns 69,452 shares of the company's stock valued at $7,995,000 after buying an additional 10,547 shares in the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Dollar Tree by 13.7% in the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company's stock worth $8,431,000 after buying an additional 9,288 shares during the period. Bank of New York Mellon Corp acquired a new position in shares of Dollar Tree in the second quarter worth about $110,626,000. Hanseatic Management Services Inc. purchased a new position in shares of Dollar Tree in the first quarter worth approximately $950,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Dollar Tree by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company's stock worth $224,106,000 after acquiring an additional 81,695 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently commented on DLTR shares. Benchmark initiated coverage on shares of Dollar Tree in a research report on Wednesday, July 8th. They issued a "hold" rating for the company. Piper Sandler lifted their price objective on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a "neutral" rating in a research report on Monday, August 31st. BNP Paribas Exane boosted their target price on shares of Dollar Tree from $88.00 to $98.00 and gave the company an "underperform" rating in a research note on Friday, May 29th. Weiss Ratings upgraded Dollar Tree from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, August 28th. Finally, Wall Street Zen raised Dollar Tree from a "hold" rating to a "buy" rating in a research report on Saturday, August 22nd. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company's stock. According to data from MarketBeat.com, Dollar Tree currently has a consensus rating of "Hold" and an average price target of $131.68.

Dollar Tree Stock Performance

Shares of DLTR opened at $131.42 on Tuesday. The company's 50 day moving average price is $127.49 and its 200 day moving average price is $114.91. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The company has a market capitalization of $24.66 billion, a PE ratio of 16.05, a PEG ratio of 1.23 and a beta of 0.66. 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 released its earnings results on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter in the prior year, the firm earned $0.77 EPS. The company's revenue was up 7.0% compared to the same quarter last year. 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 expect that Dollar Tree, Inc. will post 7.84 EPS for the current fiscal year.

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

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the business's stock in a transaction dated 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. The trade was a 22.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by company insiders.

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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