Dollar Tree (NASDAQ:DLTR) Director Stephanie Stahl Sells 1,185 Shares

Key Points

• Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock at an average price of $100.32, reducing her position by 22.47% to a total of 4,089 shares.
• Dollar Tree reported a significant earnings surprise for the last quarter, with $0.77 EPS compared to analysts' expectation of $0.38, and revenue of $4.57 billion, beating consensus estimates.
• The company has authorized a $2.50 billion stock repurchase plan, indicating that the board believes the stock is currently undervalued.

Dollar Tree, Inc. (NASDAQ:DLTR - Get Free Report) Director Stephanie Stahl sold 1,185 shares of the company's stock in a transaction dated Friday, September 5th. The shares were sold at an average price of $100.32, for a total transaction of $118,879.20. Following the transaction, the director directly owned 4,089 shares of the company's stock, valued at $410,208.48. This represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Dollar Tree Stock Performance

Shares of DLTR traded down $1.94 during trading hours on Friday, reaching $97.45. 3,666,212 shares of the company traded hands, compared to its average volume of 4,701,667. The stock's fifty day moving average is $110.10 and its 200 day moving average is $91.85. The stock has a market cap of $19.88 billion, a P/E ratio of -7.18, a price-to-earnings-growth ratio of 1.81 and a beta of 0.89. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.27 and a current ratio of 1.04. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $118.06.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its quarterly earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.39. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The firm had revenue of $4.57 billion during the quarter, compared to analyst estimates of $4.46 billion. During the same quarter in the prior year, the business posted $0.67 earnings per share. The company's quarterly revenue was up 12.3% compared to the same quarter last year. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Equities research analysts anticipate that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Dollar Tree declared that its board has initiated a stock buyback program on Wednesday, July 9th that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to buy up to 11.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's leadership believes its stock is undervalued.

Institutional Trading of Dollar Tree

Several hedge funds have recently modified their holdings of DLTR. Mercer Global Advisors Inc. ADV grew its stake in shares of Dollar Tree by 6.7% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,656 shares of the company's stock valued at $349,000 after purchasing an additional 292 shares during the last quarter. Cary Street Partners Financial LLC bought a new stake in shares of Dollar Tree during the fourth quarter valued at approximately $164,000. Deutsche Bank AG grew its stake in shares of Dollar Tree by 4.2% during the fourth quarter. Deutsche Bank AG now owns 911,989 shares of the company's stock valued at $68,344,000 after purchasing an additional 36,474 shares during the last quarter. Focus Partners Wealth grew its stake in shares of Dollar Tree by 16.3% during the fourth quarter. Focus Partners Wealth now owns 10,433 shares of the company's stock valued at $782,000 after purchasing an additional 1,465 shares during the last quarter. Finally, Graham Capital Management L.P. bought a new stake in shares of Dollar Tree during the fourth quarter valued at approximately $387,000. 97.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms recently issued reports on DLTR. Citigroup dropped their price target on shares of Dollar Tree from $130.00 to $124.00 and set a "buy" rating for the company in a research report on Thursday, September 4th. Truist Financial increased their price target on shares of Dollar Tree from $127.00 to $129.00 and gave the stock a "buy" rating in a research report on Wednesday, September 3rd. Jefferies Financial Group started coverage on shares of Dollar Tree in a research report on Thursday, July 17th. They issued a "hold" rating and a $106.00 price target for the company. Gordon Haskett lowered shares of Dollar Tree from a "hold" rating to a "reduce" rating and set a $95.00 price objective for the company. in a report on Wednesday, September 3rd. Finally, Evercore ISI raised their price objective on shares of Dollar Tree from $108.00 to $110.00 and gave the stock an "in-line" rating in a report on Tuesday, August 26th. Eight equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company's stock. According to MarketBeat.com, Dollar Tree has a consensus rating of "Hold" and an average price target of $109.28.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.