Wellington Management Group LLP Has $2.36 Million Stock Holdings in Dollar Tree, Inc. $DLTR

Wellington Management Group LLP cut its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 98.2% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 19,540 shares of the company’s stock after selling 1,042,250 shares during the quarter. Wellington Management Group LLP’s holdings in Dollar Tree were worth $2,363,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. BlackRock Inc. bought a new position in Dollar Tree in the 2nd quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC bought a new stake in Dollar Tree during the 2nd quarter worth approximately $1,176,661,000. Primecap Management Co. CA acquired a new position in Dollar Tree in the 2nd quarter valued at approximately $455,845,000. Bank of America Corp DE bought a new position in shares of Dollar Tree during the second quarter valued at $385,350,000. Finally, Alliancebernstein L.P. lifted its holdings in shares of Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after purchasing an additional 2,393,172 shares during the period. 97.40% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction of $315,025.00. Following the transaction, the insider directly owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total transaction of $155,791.95. Following the transaction, the director owned 4,089 shares in the company, valued at approximately $537,580.83. This trade 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 owned by insiders.

Analysts Set New Price Targets

Several research analysts have commented on DLTR shares. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Guggenheim lifted their price objective on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Evercore upgraded shares of Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. BMO Capital Markets restated a “market perform” rating and issued a $135.00 price target on shares of Dollar Tree in a research report on Friday, August 28th. Finally, Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday, August 22nd. Eleven research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $131.68.

Dollar Tree Trading Up 0.2%

NASDAQ DLTR opened at $118.66 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 52 week low of $84.71 and a 52 week high of $142.40. The business has a 50 day moving average price of $127.39 and a 200-day moving average price of $114.63. The company has a market cap of $22.26 billion, a price-to-earnings ratio of 14.49, a P/E/G ratio of 1.11 and a beta of 0.66.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, beating 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 business’s revenue was up 7.0% on a year-over-year basis. During the same period last year, the company earned $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. As a group, equities analysts expect that Dollar Tree, Inc. will post 7.84 earnings per share for the current fiscal year.

Dollar Tree declared that its board has approved a stock buyback program on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

About Dollar Tree

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, seasonal items, toys, health and personal-care products, and other general merchandise. Product assortments may include both nationally recognized brands and private-label goods.

The company traces its origins to discount retail operations established in the 1950s and adopted the Dollar Tree name in the early 1990s.