Sterling Capital Management LLC Acquires 6,821 Shares of Dollar Tree, Inc. $DLTR

Sterling Capital Management LLC increased its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 92.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 14,228 shares of the company’s stock after acquiring an additional 6,821 shares during the quarter. Sterling Capital Management LLC’s holdings in Dollar Tree were worth $1,622,000 at the end of the most recent quarter.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Evercore set a $135.00 target price on Dollar Tree in a report on Tuesday, September 29th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $131.00 price target on shares of Dollar Tree in a report on Monday, August 31st. Barclays lifted their price objective on shares of Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, September 4th. Morgan Stanley boosted their price objective on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Eleven 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’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $133.14.

Dollar Tree Stock Down 0.3%

DLTR opened at $124.92 on Tuesday. 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 12 month low of $85.88 and a 12 month high of $142.40. The stock has a market capitalization of $23.44 billion, a P/E ratio of 15.25, a P/E/G ratio of 1.16 and a beta of 0.71. The business has a 50 day simple moving average of $121.95 and a 200-day simple moving average of $117.28.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analysts’ expectations of $4.86 billion. During the same quarter in the prior year, the business posted $0.77 earnings per share. Dollar Tree’s 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. On average, equities analysts anticipate 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 approved a stock buyback program on Thursday, July 2nd that permits the company to buy back $2.50 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Share buyback programs are usually a sign that the company’s management believes its shares are undervalued.

Insider Transactions at Dollar Tree

In related news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the sale, the director owned 4,089 shares in the company, valued at $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 is available at this link. Also, 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 completion of the sale, the insider owned 24,820 shares of the company’s stock, 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. Company insiders own 7.10% of the company’s stock.

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.