Dollar Tree, Inc. $DLTR Stake Lessened by Johnson Financial Group Inc.

Johnson Financial Group Inc. decreased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 45.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 543 shares of the company’s stock after selling 455 shares during the period. Johnson Financial Group Inc.’s holdings in Dollar Tree were worth $54,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DLTR. Vanguard Group Inc. increased its position in shares of Dollar Tree by 1.7% during the 1st quarter. Vanguard Group Inc. now owns 23,839,718 shares of the company’s stock valued at $1,789,648,000 after purchasing an additional 389,490 shares during the period. T. Rowe Price Investment Management Inc. boosted its stake in Dollar Tree by 0.7% during the first quarter. T. Rowe Price Investment Management Inc. now owns 9,994,978 shares of the company’s stock valued at $750,323,000 after buying an additional 74,230 shares in the last quarter. EdgePoint Investment Group Inc. grew its holdings in Dollar Tree by 21.4% during the first quarter. EdgePoint Investment Group Inc. now owns 9,641,507 shares of the company’s stock worth $723,788,000 after acquiring an additional 1,701,344 shares during the period. Price T Rowe Associates Inc. MD raised its position in Dollar Tree by 69.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 5,848,196 shares of the company’s stock worth $439,025,000 after acquiring an additional 2,400,586 shares in the last quarter. Finally, Primecap Management Co. CA lifted its holdings in Dollar Tree by 0.3% in the 2nd quarter. Primecap Management Co. CA now owns 3,925,510 shares of the company’s stock valued at $388,783,000 after acquiring an additional 12,675 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

Dollar Tree Stock Up 0.9%

Shares of NASDAQ:DLTR opened at $110.79 on Friday. The firm has a 50 day simple moving average of $98.63 and a 200 day simple moving average of $101.45. Dollar Tree, Inc. has a 52 week low of $61.80 and a 52 week high of $118.06. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.27 and a current ratio of 1.04. The company has a market cap of $22.60 billion, a PE ratio of -8.16, a price-to-earnings-growth ratio of 1.75 and a beta of 0.86.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.39. The company had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.46 billion. Dollar Tree had a negative net margin of 13.46% and a positive return on equity of 23.52%. The company’s revenue was up 12.3% on a year-over-year basis. During the same period in the previous year, the business earned $0.67 EPS. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. As a group, research analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DLTR. Gordon Haskett cut shares of Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 price objective on the stock. in a research note on Wednesday, September 3rd. Morgan Stanley raised their target price on shares of Dollar Tree from $96.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, September 5th. Telsey Advisory Group restated an “outperform” rating and issued a $130.00 price target on shares of Dollar Tree in a research report on Thursday, October 16th. Evercore ISI upped their price target on Dollar Tree from $100.00 to $104.00 and gave the company an “in-line” rating in a report on Tuesday, November 11th. Finally, Citigroup cut their price objective on Dollar Tree from $130.00 to $124.00 and set a “buy” rating for the company in a research report on Thursday, September 4th. Eight research analysts have rated the stock with a Buy rating, nine have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and an average target price of $108.63.

Insider Buying and Selling at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $100.32, for a total transaction of $118,879.20. Following the completion of the sale, the director directly owned 4,089 shares in the company, valued at approximately $410,208.48. This trade represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Robert Aflatooni sold 1,260 shares of the company’s stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $94.70, for a total value of $119,322.00. Following the completion of the transaction, the insider owned 21,402 shares in the company, valued at $2,026,769.40. This represents a 5.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 6.60% of the stock is currently owned by insiders.

Dollar Tree 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.