Dollar Tree, Inc. $DLTR Shares Sold by North Dakota State Investment Board

North Dakota State Investment Board reduced its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 56.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,744 shares of the company’s stock after selling 7,445 shares during the period. North Dakota State Investment Board’s holdings in Dollar Tree were worth $655,000 at the end of the most recent reporting period.

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

Analyst Upgrades and Downgrades

A number of brokerages recently commented on DLTR. Piper Sandler boosted their price objective on shares of Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. Weiss Ratings upgraded shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. Raymond James Financial reiterated an “outperform” rating and issued a $145.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Morgan Stanley increased their target price on shares of Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Friday, August 28th. Finally, Benchmark started coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They set a “hold” rating for the company. Eleven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar Tree currently has an average rating of “Hold” and an average target price of $133.14.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR opened at $133.87 on Friday. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. Dollar Tree, Inc. has a one year low of $85.88 and a one year high of $142.40. The business’s 50-day moving average price is $121.79 and its two-hundred day moving average price is $117.16. The company has a market capitalization of $25.12 billion, a P/E ratio of 16.35, a price-to-earnings-growth ratio of 1.24 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) last posted 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. The company 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 last 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. Analysts anticipate that Dollar Tree, Inc. will post 7.92 earnings per share for the current fiscal year.

Insider Activity at Dollar Tree

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the business’s 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 completion of the sale, the insider directly owned 24,820 shares of the company’s stock, valued at $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the business’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 sale, 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by company insiders.

Dollar Tree Company 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.