Dollar Tree, Inc. $DLTR Stock: King Luther Capital Management Corp Boosts Position

King Luther Capital Management Corp raised its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 198,541 shares of the company’s stock after acquiring an additional 3,985 shares during the quarter. King Luther Capital Management Corp owned approximately 0.11% of Dollar Tree worth $22,638,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Algert Global LLC increased its position in Dollar Tree by 17.9% during the second quarter. Algert Global LLC now owns 69,452 shares of the company’s stock worth $7,995,000 after buying an additional 10,547 shares in the last quarter. Empirical Finance LLC lifted its position in shares of Dollar Tree by 983.9% in the second quarter. Empirical Finance LLC now owns 79,398 shares of the company’s stock valued at $9,455,000 after acquiring an additional 72,073 shares in the last quarter. Wealthfront Advisers LLC lifted its position 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 valued at $8,431,000 after acquiring an additional 9,288 shares in the last quarter. Nykredit A S acquired a new stake in shares of Dollar Tree during the second quarter valued at $10,141,000. Finally, Bank of New York Mellon Corp acquired a new stake in shares of Dollar Tree during the second quarter valued at $110,626,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

DLTR has been the subject of a number of recent research reports. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $130.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Barclays lifted their price target on shares of Dollar Tree from $140.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, September 4th. Evercore set a $135.00 price objective on shares of Dollar Tree in a research report on Tuesday, September 29th. Finally, Morgan Stanley boosted their price objective on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Ten analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $133.14.

Insider Activity

In other news, 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 transaction, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s 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 sale, the director directly owned 4,089 shares in the company, valued at $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 7.10% of the company’s stock.

Dollar Tree Stock Performance

Dollar Tree stock opened at $141.27 on Friday. The firm has a market capitalization of $26.51 billion, a P/E ratio of 17.25, a PEG ratio of 1.33 and a beta of 0.64. The stock has a fifty day moving average price of $123.20 and a 200 day moving average price of $117.38. Dollar Tree, Inc. has a 52 week low of $85.88 and a 52 week high of $148.54. 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) last issued its quarterly 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 return on equity of 38.61% and a net margin of 8.03%. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period last year, the company earned $0.77 EPS. The firm’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. Equities research analysts anticipate that Dollar Tree, Inc. will post 7.92 earnings per share for the current year.

Dollar Tree Profile

Dollar Tree, Inc. is a discount retailer that sells everyday merchandise through stores operating under the Dollar Tree banner. Its assortment includes food, household and cleaning supplies, health and beauty products, toys, seasonal goods, party supplies and stationery. Many stores offer products at multiple price points. The company traces its roots to a retail business founded in 1986 and later developed its Dollar Tree chain around value-priced merchandise. It operates primarily in the United States.