State of Alaska Department of Revenue Purchases 14,769 Shares of Dollar Tree, Inc. $DLTR

State of Alaska Department of Revenue lifted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 83.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 32,513 shares of the company’s stock after acquiring an additional 14,769 shares during the quarter. State of Alaska Department of Revenue’s holdings in Dollar Tree were worth $3,707,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in DLTR. Curated Wealth Partners LLC acquired a new stake in shares of Dollar Tree during the third quarter worth $1,336,000. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Dollar Tree in the 3rd quarter worth about $149,613,000. Mather Group LLC. boosted its holdings in shares of Dollar Tree by 1,270.2% in the 3rd quarter. Mather Group LLC. now owns 5,289 shares of the company’s stock valued at $603,000 after buying an additional 4,903 shares during the period. Fortitude Family Office LLC boosted its holdings in shares of Dollar Tree by 109.6% in the 3rd quarter. Fortitude Family Office LLC now owns 679 shares of the company’s stock valued at $77,000 after buying an additional 355 shares during the period. Finally, Godsey & Gibb Inc. bought a new stake in shares of Dollar Tree during the 3rd quarter valued at about $25,298,000. 97.40% of the stock is currently owned by institutional investors.

Insider Transactions at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction dated Friday, September 4th. The shares were 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 of the company’s stock, valued at $537,580.83. The trade was a 22.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the company’s 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 completion of the transaction, the insider owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 7.10% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Wells Fargo & Company increased their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. JPMorgan Chase & Co. lifted their target price on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Barclays lifted their target price on Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, September 4th. Weiss Ratings raised Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Finally, Morgan Stanley increased their price target on Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Friday, August 28th. Eleven 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. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $133.14.

Dollar Tree Stock Performance

DLTR stock opened at $124.18 on Friday. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The stock has a market capitalization of $23.30 billion, a price-to-earnings ratio of 15.16, a PEG ratio of 1.15 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. The stock’s fifty day moving average is $122.29 and its two-hundred day moving average is $114.79.

Dollar Tree (NASDAQ:DLTR) 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 net margin of 8.03% and a return on equity of 38.61%. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same quarter in the prior year, the firm earned $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. On average, research analysts predict that Dollar Tree, Inc. will post 7.93 EPS for the current year.

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

About Dollar Tree

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.