Fort Washington Investment Advisors Inc. OH Buys New Position in Dollar Tree, Inc. $DLTR

Fort Washington Investment Advisors Inc. OH acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 1,312,165 shares of the company’s stock, valued at approximately $149,613,000.

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

Analyst Ratings Changes

DLTR has been the topic of several analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Piper Sandler increased their target price on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a report on Monday, August 31st. Wells Fargo & Company increased their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, August 17th. Barclays raised their target price on shares of Dollar Tree from $140.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, September 4th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and set a $130.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $131.83.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $121.76 on Thursday. The stock has a 50-day moving average price of $122.53 and a 200 day moving average price of $114.60. The stock has a market capitalization of $22.85 billion, a P/E ratio of 14.87, a P/E/G ratio of 1.08 and a beta of 0.71. Dollar Tree, Inc. has a 12-month low of $85.88 and a 12-month high of $142.40. 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 posted its quarterly earnings results on Thursday, August 27th. The company reported $2.70 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 company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same period in the previous year, the firm earned $0.77 EPS. The firm’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. Equities research analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

Dollar Tree declared that its board has approved a stock repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its stock through open market purchases. Share buyback plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Buying and Selling

In other news, 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 transaction of $315,025.00. Following the sale, 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. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction 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 transaction, the director directly owned 4,089 shares in the company, valued at $537,580.83. This trade represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 7.10% of the company’s stock.

Dollar Tree Company Profile

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.