Jefferies Financial Group Inc. grew its position in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 65.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 24,087 shares of the company’s stock after purchasing an additional 9,549 shares during the period. Jefferies Financial Group Inc.’s holdings in Dollar Tree were worth $2,746,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in DLTR. BlackRock Inc. acquired a new position in Dollar Tree in the second quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC purchased a new position in Dollar Tree in the second quarter worth approximately $1,176,661,000. Primecap Management Co. CA acquired a new stake in Dollar Tree during the second quarter worth $455,845,000. Bank of America Corp DE acquired a new stake in Dollar Tree during the second quarter worth $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in Dollar Tree during the second quarter worth $205,631,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts have recently commented on the company. BMO Capital Markets reaffirmed a “market perform” rating and issued a $135.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Piper Sandler raised their price objective on Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a research report on Monday, August 31st. Wall Street Zen upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Evercore set a $135.00 target price on shares of Dollar Tree in a research report on Tuesday, September 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, Dollar Tree has an average rating of “Hold” and an average price target of $133.14.
Read Our Latest Report on Dollar Tree
Insider Transactions at Dollar Tree
In other news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This trade 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 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 completion of the transaction, the insider owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This trade represents a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by corporate insiders.
Dollar Tree Stock Down 1.1%
Shares of NASDAQ DLTR opened at $141.27 on Friday. The firm has a market cap of $26.51 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 1.33 and a beta of 0.64. 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 52-week low of $85.88 and a 52-week high of $148.54. The business’s 50 day moving average is $123.20 and its two-hundred day moving average is $117.38.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period last year, the business posted $0.77 earnings per share. The company’s quarterly revenue was up 7.0% on a year-over-year basis. 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. Research analysts predict that Dollar Tree, Inc. will post 7.92 EPS for the current year.
Dollar Tree Company 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.
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Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR – Free Report).
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