Leeward Investments LLC MA Sells 1,339 Shares of Dollar Tree, Inc. $DLTR

Leeward Investments LLC MA reduced its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 2.3% in the second quarter, Holdings Channel.com reports. The fund owned 57,259 shares of the company’s stock after selling 1,339 shares during the period. Leeward Investments LLC MA’s holdings in Dollar Tree were worth $5,671,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. LBP AM SA bought a new position in shares of Dollar Tree in the second quarter worth $7,742,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Dollar Tree by 50.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 13,724 shares of the company’s stock worth $1,030,000 after acquiring an additional 4,619 shares during the period. McGinn Penninger Investment Management Inc. boosted its holdings in shares of Dollar Tree by 13.2% in the first quarter. McGinn Penninger Investment Management Inc. now owns 68,585 shares of the company’s stock worth $5,149,000 after acquiring an additional 8,015 shares during the period. IFM Investors Pty Ltd boosted its holdings in shares of Dollar Tree by 7.5% in the second quarter. IFM Investors Pty Ltd now owns 38,021 shares of the company’s stock worth $3,766,000 after acquiring an additional 2,666 shares during the period. Finally, Bastion Asset Management Inc. bought a new position in shares of Dollar Tree in the first quarter worth $3,585,000. 97.40% of the stock is owned by institutional investors.

Insider Activity at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction that occurred on Friday, September 5th. The stock was sold at an average price of $100.32, for a total transaction of $118,879.20. Following the sale, the director directly owned 4,089 shares of the company’s stock, valued at approximately $410,208.48. The trade was a 22.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Robert Aflatooni sold 1,260 shares of Dollar Tree stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $94.70, for a total value of $119,322.00. Following the sale, the insider directly owned 21,402 shares in the company, valued at approximately $2,026,769.40. The trade was a 5.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 6.60% of the company’s stock.

Analyst Ratings Changes

DLTR has been the topic of a number of recent analyst reports. The Goldman Sachs Group set a $133.00 price objective on Dollar Tree and gave the stock a “buy” rating in a research report on Monday, October 20th. Wells Fargo & Company lowered their price objective on Dollar Tree from $130.00 to $115.00 and set an “overweight” rating on the stock in a research report on Friday, October 10th. New Street Research set a $103.00 price objective on Dollar Tree in a research report on Thursday, October 16th. Guggenheim lowered their price objective on Dollar Tree from $130.00 to $125.00 and set a “buy” rating on the stock in a research report on Monday, September 8th. Finally, Telsey Advisory Group reiterated an “outperform” rating and issued a $130.00 price objective on shares of Dollar Tree in a research report on Thursday, October 16th. Nine research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $110.00.

Dollar Tree Stock Down 1.6%

DLTR opened at $99.05 on Monday. The company has a market cap of $20.20 billion, a P/E ratio of -7.30, a P/E/G ratio of 1.71 and a beta of 0.85. The business’s 50-day moving average price is $99.29 and its 200-day moving average price is $97.39. The company has a current ratio of 1.04, a quick ratio of 0.27 and a debt-to-equity ratio of 0.67. Dollar Tree, Inc. has a 12 month low of $60.49 and a 12 month high of $118.06.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Wednesday, September 3rd. The company reported $0.77 EPS for the quarter, topping the consensus estimate of $0.38 by $0.39. The firm had revenue of $4.57 billion for the quarter, compared to the consensus estimate of $4.46 billion. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The company’s quarterly revenue was up 12.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 earnings per share. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. On average, equities analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share repurchase program on Wednesday, July 9th that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to repurchase up to 11.5% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Dollar Tree Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.