Ridgewood Investments LLC Buys 9,796 Shares of Dollar Tree, Inc. $DLTR

Ridgewood Investments LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the third quarter, HoldingsChannel.com reports. The fund purchased 9,796 shares of the company’s stock, valued at approximately $1,117,000.

A number of other institutional investors also recently bought and sold shares of DLTR. Reflection Asset Management purchased a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Basecamp Wealth Advisors LLC lifted its stake in Dollar Tree by 59.9% during the first 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 last quarter. Wilkerson Advisory Group LLC boosted its holdings in Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares in the last quarter. EFG International AG acquired a new position in Dollar Tree in the second quarter valued at approximately $30,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in Dollar Tree in the second quarter valued at approximately $33,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 transaction of $315,025.00. Following the sale, 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.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Sanford C. Bernstein reissued a “market perform” rating and set a $130.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. Raymond James Financial restated an “outperform” rating and issued a $145.00 target price on shares of Dollar Tree in a report on Friday, August 28th. UBS Group increased their target price on shares of Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research report on Friday, August 28th. Piper Sandler lifted their price target on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a research note on Monday, August 31st. Finally, Barclays boosted their price target on shares of Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $131.83.

Dollar Tree Stock Performance

NASDAQ DLTR traded up $1.03 on Monday, reaching $113.19. The stock had a trading volume of 2,193,816 shares, compared to its average volume of 3,189,911. The stock has a market cap of $21.24 billion, a P/E ratio of 13.82, a price-to-earnings-growth ratio of 1.04 and a beta of 0.71. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The business’s 50-day moving average price is $124.28 and its 200 day moving average price is $114.04. 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 (NASDAQ:DLTR) last announced its earnings results 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 business had revenue of $4.89 billion for the quarter, compared to analyst estimates 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 last year, the firm 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. As a group, equities analysts expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree announced that its board has approved a stock buyback plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued.

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.