TD Waterhouse Canada Inc. Purchases 16,900 Shares of Dollar Tree, Inc. $DLTR

TD Waterhouse Canada Inc. grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 104.7% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 33,041 shares of the company’s stock after acquiring an additional 16,900 shares during the period. TD Waterhouse Canada Inc.’s holdings in Dollar Tree were worth $3,719,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. BlackRock Inc. acquired a new position in Dollar Tree in the second quarter worth approximately $2,643,741,000. Pzena Investment Management LLC acquired a new stake in Dollar Tree in the second quarter valued at approximately $1,176,661,000. Primecap Management Co. CA acquired a new stake in Dollar Tree in the second quarter valued at approximately $455,845,000. Bank of America Corp DE acquired a new stake in Dollar Tree in the second quarter valued at approximately $385,350,000. Finally, Caisse de depot et placement du Quebec bought a new stake in Dollar Tree in the second quarter worth approximately $205,631,000. Institutional investors own 97.40% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on DLTR. Evercore set a $135.00 price target on shares of Dollar Tree in a research note on Tuesday, September 29th. Piper Sandler raised their target price on Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $130.00 price target on shares of Dollar Tree in a research report on Friday, August 28th. UBS Group upped their price target on Dollar Tree from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, August 28th. Finally, Benchmark began coverage on Dollar Tree in a report on Wednesday, July 8th. They set a “hold” rating on the stock. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, Dollar Tree has a consensus rating of “Hold” and a consensus price target of $133.14.

Dollar Tree Trading Up 1.5%

NASDAQ:DLTR opened at $124.96 on Wednesday. The company’s 50 day moving average is $122.11 and its 200-day moving average is $115.07. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 12 month low of $85.88 and a 12 month high of $142.40. The firm has a market cap of $23.45 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 1.14 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last posted 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. The business had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. Dollar Tree’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same period in the prior year, the firm 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. Equities analysts anticipate that Dollar Tree, Inc. will post 7.93 EPS for the current year.

Dollar Tree announced that its Board of Directors has authorized a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the company’s 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 directly owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the sale, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 7.10% of the stock is owned by corporate insiders.

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.