Fifth Third Bancorp cut its position in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 5.2% during the 3rd quarter, HoldingsChannel reports. The firm owned 193,743 shares of the company’s stock after selling 10,671 shares during the quarter. Fifth Third Bancorp’s holdings in Dollar Tree were worth $22,091,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in DLTR. Bayban lifted its holdings in Dollar Tree by 39.8% during the third quarter. Bayban now owns 559 shares of the company’s stock worth $63,000 after acquiring an additional 159 shares in the last quarter. King Luther Capital Management Corp increased its holdings in shares of Dollar Tree by 2.0% in the third quarter. King Luther Capital Management Corp now owns 198,541 shares of the company’s stock worth $22,638,000 after acquiring an additional 3,985 shares in the last quarter. New Mexico Educational Retirement Board increased its holdings in shares of Dollar Tree by 84.0% in the third quarter. New Mexico Educational Retirement Board now owns 16,856 shares of the company’s stock worth $1,922,000 after acquiring an additional 7,693 shares in the last quarter. Bingham Private Wealth LLC acquired a new stake in shares of Dollar Tree during the third quarter worth about $344,000. Finally, Maryland State Retirement & Pension System raised its position in shares of Dollar Tree by 112.9% during the third quarter. Maryland State Retirement & Pension System now owns 21,282 shares of the company’s stock worth $2,427,000 after purchasing an additional 11,286 shares during the period. 97.40% of the stock is owned by institutional investors.
Insider Activity
In other news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction of $155,791.95. Following the transaction, the director directly owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction that occurred 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 completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is owned by insiders.
Dollar Tree Price Performance
Shares of NASDAQ DLTR opened at $138.08 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. The business’s 50 day moving average price is $123.35 and its two-hundred day moving average price is $117.46. The company has a market cap of $25.91 billion, a PE ratio of 20.47, a price-to-earnings-growth ratio of 1.31 and a beta of 0.64. Dollar Tree, Inc. has a twelve month low of $85.88 and a twelve month high of $148.54.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. The firm had revenue of $4.89 billion during the quarter, compared to analysts’ expectations 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 in the previous year, the business 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. On average, analysts predict that Dollar Tree, Inc. will post 7.92 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research firms recently issued reports on DLTR. Morgan Stanley increased their target price on Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. UBS Group upped their price target on shares of Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a report on Friday, August 28th. Evercore set a $135.00 price objective on shares of Dollar Tree in a research report on Tuesday, September 29th. Sanford C. Bernstein restated a “market perform” rating and set a $130.00 price objective on shares of Dollar Tree in a report on Friday, August 28th. Finally, Weiss Ratings upgraded shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, August 28th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $133.14.
Check Out Our Latest Stock Report on Dollar Tree
About Dollar Tree
Dollar Tree, Inc. is a discount retailer that sells everyday merchandise through stores operating under the Dollar Tree banner. Its assortment includes food, household and cleaning supplies, health and beauty products, toys, seasonal goods, party supplies and stationery. Many stores offer products at multiple price points. The company traces its roots to a retail business founded in 1986 and later developed its Dollar Tree chain around value-priced merchandise. It operates primarily in the United States.
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