Dollar Tree, Inc. $DLTR Shares Newly Bought by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 67,254 shares of the company’s stock, valued at approximately $7,668,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. BlackRock Inc. purchased a new position in Dollar Tree during the 2nd quarter worth approximately $2,643,741,000. Pzena Investment Management LLC purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at $1,176,661,000. Primecap Management Co. CA purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at $455,845,000. Bank of America Corp DE purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new stake in shares of Dollar Tree in the second quarter worth $205,631,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Insider Activity at Dollar Tree

In other news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The stock was 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. This represents a 22.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the transaction, the insider owned 24,820 shares in the company, 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. Corporate insiders own 7.10% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. Piper Sandler raised their target price on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a report on Monday, August 31st. UBS Group boosted 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. BMO Capital Markets reaffirmed a “market perform” rating and issued a $135.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Raymond James Financial reiterated an “outperform” rating and set a $145.00 price objective on shares of Dollar Tree in a research note on Friday, August 28th. Finally, JPMorgan Chase & Co. boosted their price objective on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and an average target price of $133.14.

Dollar Tree Price Performance

Shares of Dollar Tree stock opened at $124.18 on Friday. 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 twelve month low of $85.88 and a twelve month high of $142.40. The business has a 50-day moving average price of $122.29 and a 200 day moving average price of $114.79. The firm has a market cap of $23.30 billion, a PE ratio of 18.03, a P/E/G ratio of 1.15 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the prior year, the firm posted $0.77 EPS. Dollar Tree’s quarterly revenue was up 7.0% compared to the same quarter last year. 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. Sell-side analysts predict that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

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

Dollar Tree 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.