Crossmark Global Holdings Inc. Purchases 81,440 Shares of Dollar Tree, Inc. $DLTR

Crossmark Global Holdings Inc. lifted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 476.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 98,549 shares of the company’s stock after purchasing an additional 81,440 shares during the period. Crossmark Global Holdings Inc.’s holdings in Dollar Tree were worth $11,237,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new stake in Dollar Tree during the 2nd quarter worth $2,643,741,000. Pzena Investment Management LLC purchased a new position in Dollar Tree in the 2nd quarter valued at about $1,176,661,000. Primecap Management Co. CA purchased a new position in Dollar Tree in the 2nd quarter valued at about $455,845,000. Bank of America Corp DE purchased a new position 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 shares of Dollar Tree during the second quarter valued at about $205,631,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Price Performance

Shares of DLTR opened at $131.04 on Friday. The firm has a market cap of $24.59 billion, a price-to-earnings ratio of 18.19, a PEG ratio of 1.16 and a beta of 0.71. The stock has a 50 day moving average of $122.08 and a 200-day moving average of $115.35. The company has a current ratio of 1.13, a quick ratio of 0.39 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 $142.40.

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 analysts’ consensus estimates of $1.15 by $1.55. The business 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%. The business’s quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned $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, analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current year.

Dollar Tree announced that its Board of Directors has authorized a share repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This buyback authorization allows the company to buy up to 10.7% of its stock through open market purchases. Share buyback plans are typically a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction 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 $537,580.83. The trade was a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction 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 sale, the insider owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. The trade was a 9.15% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 7.10% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DLTR. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Weiss Ratings raised shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Finally, Morgan Stanley increased their price objective on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Eleven investment 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. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $133.14.

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.