New York Life Investment Management LLC Purchases 44,085 Shares of Dollar Tree, Inc. $DLTR

New York Life Investment Management LLC boosted its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 162.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 71,218 shares of the company’s stock after acquiring an additional 44,085 shares during the quarter. New York Life Investment Management LLC’s holdings in Dollar Tree were worth $8,120,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in DLTR. BlackRock Inc. acquired a new stake in shares of Dollar Tree in the 2nd quarter valued at $2,643,741,000. Pzena Investment Management LLC acquired a new position in shares of Dollar Tree during the second quarter worth $1,176,661,000. Primecap Management Co. CA acquired a new position in shares of Dollar Tree during the second quarter worth $455,845,000. Bank of America Corp DE purchased a new position in Dollar Tree in the second quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec purchased a new position in Dollar Tree in the second quarter valued at $205,631,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Down 1.1%

NASDAQ DLTR opened at $141.27 on Friday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The firm has a market cap of $26.51 billion, a PE ratio of 17.25, a P/E/G ratio of 1.33 and a beta of 0.64. Dollar Tree, Inc. has a one year low of $85.88 and a one year high of $148.54. The firm’s fifty day moving average is $123.20 and its two-hundred day moving average is $117.38.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period in the prior year, the company earned $0.77 earnings per share. The business’s revenue was up 7.0% compared to the same quarter last year. 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. Analysts expect that Dollar Tree, Inc. will post 7.92 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have weighed in on DLTR shares. UBS Group raised their price target on Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Weiss Ratings raised Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 28th. Morgan Stanley increased their price objective on Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Piper Sandler raised their target price on Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a research report on Monday, August 31st. Finally, Truist Financial boosted their target price on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Ten research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $133.14.

Insider Buying and Selling

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the 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 of the company’s stock, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction that occurred on Monday, August 31st. The shares were 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 in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by company insiders.

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.