Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 62,014 shares of the company’s stock, valued at approximately $7,071,000.
Several other institutional investors and hedge funds also recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in shares of Dollar Tree during the 2nd quarter valued at about $2,643,741,000. Pzena Investment Management LLC acquired a new position in Dollar Tree during the 2nd quarter worth approximately $1,176,661,000. Primecap Management Co. CA acquired a new position in Dollar Tree during the 2nd quarter worth approximately $455,845,000. Bank of America Corp DE acquired a new position in Dollar Tree during the 2nd quarter worth approximately $385,350,000. Finally, Caisse de depot et placement du Quebec purchased a new position in Dollar Tree in the 2nd quarter worth approximately $205,631,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.
Analyst Ratings Changes
Several analysts have issued reports on the stock. Guggenheim increased their price objective on shares of Dollar Tree from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. The Goldman Sachs Group reiterated a “neutral” rating and set a $131.00 price objective on shares of Dollar Tree in a research note on Monday, August 31st. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Finally, UBS Group raised their price objective on Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, Dollar Tree currently has a consensus rating of “Hold” and a consensus target price of $133.14.
Read Our Latest Stock Report on Dollar Tree
Dollar Tree Trading Down 6.2%
DLTR opened at $137.94 on Friday. Dollar Tree, Inc. has a 12-month low of $85.88 and a 12-month high of $148.54. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The stock has a market capitalization of $25.88 billion, a PE ratio of 16.84, a P/E/G ratio of 1.36 and a beta of 0.64. The firm’s fifty day moving average price is $122.25 and its 200 day moving average price is $117.15.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period last year, the business earned $0.77 EPS. 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, research analysts expect that Dollar Tree, Inc. will post 7.92 EPS for the current fiscal year.
Insider Activity
In related news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree 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 completion of the transaction, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Robert Aflatooni sold 2,500 shares of Dollar Tree 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 owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 7.10% of the company’s stock.
Dollar Tree Company 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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