Howard Capital Management LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Howard Capital Management LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the 3rd quarter, Holdings Channel reports. The firm purchased 72,477 shares of the company’s stock, valued at approximately $8,264,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of DLTR. Reflection Asset Management bought a new position in Dollar Tree in the fourth quarter worth $25,000. Basecamp Wealth Advisors LLC boosted its stake in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after buying an additional 97 shares in the last quarter. EFG International AG acquired a new stake in Dollar Tree during the second quarter worth $30,000. Wilkerson Advisory Group LLC increased its holdings in Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares during the period. Finally, Keating Financial Advisory Services Inc. bought a new stake in Dollar Tree in the 2nd quarter valued at $33,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

NASDAQ:DLTR traded down $0.23 during mid-day trading on Friday, reaching $124.18. 2,142,915 shares of the company were exchanged, compared to its average volume of 2,338,918. 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 stock has a market cap of $23.30 billion, a PE ratio of 15.16, a PEG ratio of 1.15 and a beta of 0.71. Dollar Tree, Inc. has a 12 month low of $85.88 and a 12 month high of $142.40. The company has a fifty day moving average of $122.29 and a 200 day moving average of $114.79.

Dollar Tree (NASDAQ:DLTR) last announced 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. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period last year, the company earned $0.77 earnings per share. The company’s 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 anticipate that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

Dollar Tree declared that its board has approved a share buyback program on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity at Dollar Tree

In related news, insider Robert Aflatooni sold 2,500 shares of the 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 completion of the transaction, the insider owned 24,820 shares in the company, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction 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 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 ownership of the stock. The SEC filing for this sale provides additional information. 7.10% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on DLTR shares. Piper Sandler lifted their price objective on Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Evercore set a $135.00 target price on Dollar Tree in a report on Tuesday, September 29th. Truist Financial raised their target price on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Raymond James Financial reaffirmed an “outperform” rating and issued a $145.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Finally, Morgan Stanley upped their price target on Dollar Tree from $130.00 to $145.00 and gave the company 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 issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $133.14.

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.