Dollar Tree, Inc. $DLTR Stock Purchased by Sterling Capital Management LLC

Sterling Capital Management LLC boosted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 92.1% during the third quarter, Holdings Channel reports. The firm owned 14,228 shares of the company’s stock after buying an additional 6,821 shares during the quarter. Sterling Capital Management LLC’s holdings in Dollar Tree were worth $1,622,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DLTR. BlackRock Inc. acquired a new position in shares of Dollar Tree during the 2nd quarter worth $2,643,741,000. Pzena Investment Management LLC purchased a new stake in shares of Dollar Tree in the 2nd quarter worth about $1,176,661,000. Primecap Management Co. CA acquired a new stake in Dollar Tree in the 2nd quarter valued at about $455,845,000. Bank of America Corp DE acquired a new stake in Dollar Tree in the 2nd quarter valued at about $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in Dollar Tree in the 2nd quarter valued at about $205,631,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on DLTR shares. Barclays raised their target price on shares of Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Piper Sandler increased their price target on shares of Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. BMO Capital Markets reissued a “market perform” rating and set a $135.00 price objective on shares of Dollar Tree in a research note on Friday, August 28th. Weiss Ratings upgraded Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, August 28th. Finally, UBS Group lifted their price objective on Dollar Tree from $145.00 to $150.00 and gave the stock a “buy” rating in a research 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 given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $133.14.

Insiders Place Their Bets

In related news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the 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 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 owned by insiders.

Dollar Tree Stock Down 0.3%

Shares of NASDAQ DLTR opened at $124.92 on Tuesday. The firm has a market cap of $23.44 billion, a P/E ratio of 15.25, a price-to-earnings-growth ratio of 1.16 and a beta of 0.71. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The firm’s 50 day moving average price is $121.95 and its 200 day moving average price is $117.28.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. Dollar Tree’s revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the firm posted $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. As a group, sell-side analysts anticipate that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock buyback program on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Dollar Tree 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.