Dollar Tree, Inc. $DLTR Shares Newly Purchased by Sound Income Strategies LLC

Sound Income Strategies LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 125,298 shares of the company’s stock, valued at approximately $14,286,000.

Other hedge funds have also recently made changes to their positions in the company. Reflection Asset Management bought a new position in Dollar Tree during the fourth quarter valued at approximately $25,000. Basecamp Wealth Advisors LLC grew its position in Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the period. Wilkerson Advisory Group LLC raised its stake in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares during the last quarter. EFG International AG bought a new position in shares of Dollar Tree during the 2nd quarter valued at $30,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Dollar Tree during the 2nd quarter valued at $33,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Price Performance

NASDAQ:DLTR traded up $0.02 during trading hours on Friday, hitting $118.64. 1,395,766 shares of the stock traded hands, compared to its average volume of 3,166,371. 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 1 year low of $85.88 and a 1 year high of $142.40. The company has a market cap of $22.26 billion, a price-to-earnings ratio of 14.49, a price-to-earnings-growth ratio of 1.08 and a beta of 0.71. The stock has a 50 day moving average price of $123.20 and a 200 day moving average price of $114.31.

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 analysts’ consensus estimates of $1.15 by $1.55. The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the prior year, the company posted $0.77 earnings per share. 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. Sell-side analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a share repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Share buyback plans are usually an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at Dollar Tree

In other news, insider Robert Aflatooni sold 2,500 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was 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 of the company’s stock, 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 SEC, which is available at this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the sale, the director owned 4,089 shares of the company’s stock, valued at $537,580.83. This represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

DLTR has been the subject of several research analyst reports. JPMorgan Chase & Co. lifted their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $131.00 price target on shares of Dollar Tree in a research report on Monday, August 31st. Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Truist Financial boosted their target price on shares of Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Finally, UBS Group upped their target price on shares of Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 28th. Eleven equities research 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 data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $131.83.

About Dollar Tree

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of everyday merchandise, including household supplies, food and beverages, health and personal-care products, seasonal items, toys, party supplies, and arts and crafts products.

The company’s Dollar Tree stores historically focused on merchandise priced at a fixed dollar point and have expanded to include multiple price points through initiatives such as Dollar Tree Plus.