115,850 Shares in Dollar Tree, Inc. $DLTR Bought by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 115,850 shares of the company’s stock, valued at approximately $14,012,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. California State Teachers Retirement System increased its holdings in shares of Dollar Tree by 13,223.3% during the 2nd quarter. California State Teachers Retirement System now owns 34,952,131 shares of the company’s stock valued at $4,227,460,000 after acquiring an additional 34,689,793 shares during the last quarter. BlackRock Inc. acquired a new stake in Dollar Tree in the 2nd quarter worth approximately $2,643,741,000. Pzena Investment Management LLC acquired a new stake in Dollar Tree in the 2nd quarter worth approximately $1,176,661,000. Primecap Management Co. CA bought a new stake in Dollar Tree during the second quarter worth approximately $455,845,000. Finally, Bank of America Corp DE bought a new stake in Dollar Tree during the second quarter worth approximately $385,350,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Price Performance

Shares of DLTR stock opened at $131.42 on Tuesday. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. The firm has a market cap of $24.66 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.23 and a beta of 0.66. The stock has a 50 day moving average of $127.49 and a 200-day moving average of $114.91.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (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 business had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same quarter last year, the company posted $0.77 earnings per share. Dollar Tree’s quarterly 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. On average, equities analysts predict that Dollar Tree, Inc. will post 7.84 EPS for the current year.

Dollar Tree announced that its Board of Directors has approved a share buyback program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Dollar Tree

In other news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction of $155,791.95. Following the completion of the transaction, the director 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the sale, the insider 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 position. The disclosure for this sale is available in the SEC filing. Company insiders own 7.10% of the company’s stock.

Analyst Ratings Changes

DLTR has been the topic of several analyst reports. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. BNP Paribas Exane boosted their price objective on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. Weiss Ratings upgraded shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $135.00 target price on shares of Dollar Tree in a report on Friday, August 28th. Eleven 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’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $131.68.

Dollar Tree Company Profile

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.