Dollar Tree, Inc. $DLTR Stock Purchased by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 84.0% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,856 shares of the company’s stock after acquiring an additional 7,693 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Dollar Tree were worth $1,922,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Algert Global LLC grew its holdings in shares of Dollar Tree by 17.9% during the second quarter. Algert Global LLC now owns 69,452 shares of the company’s stock valued at $7,995,000 after buying an additional 10,547 shares during the last quarter. Empirical Finance LLC increased its position in shares of Dollar Tree by 983.9% during the second quarter. Empirical Finance LLC now owns 79,398 shares of the company’s stock valued at $9,455,000 after acquiring an additional 72,073 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in Dollar Tree by 13.7% in the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after acquiring an additional 9,288 shares during the last quarter. Nykredit A S purchased a new position in Dollar Tree in the 2nd quarter worth approximately $10,141,000. Finally, Bank of New York Mellon Corp bought a new position in Dollar Tree in the 2nd quarter valued at approximately $110,626,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on DLTR shares. Wells Fargo & Company increased their target price on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday, August 17th. Sanford C. Bernstein restated a “market perform” rating and issued a $130.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. Loop Capital cut Dollar Tree from a “buy” rating to a “hold” rating and set a $140.00 price target for the company. in a research note on Thursday, November 5th. Evercore set a $135.00 price target on Dollar Tree in a report on Tuesday, September 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 price objective on shares of Dollar Tree in a research 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 assigned a Sell rating to the company. Based on data from MarketBeat, Dollar Tree currently has a consensus rating of “Hold” and a consensus price target of $133.14.

Dollar Tree Stock Up 1.5%

Shares of Dollar Tree stock opened at $142.90 on Thursday. The company has a market cap of $26.81 billion, a price-to-earnings ratio of 17.45, a price-to-earnings-growth ratio of 1.31 and a beta of 0.64. The company’s 50 day moving average is $123.02 and its 200 day moving average is $117.30. Dollar Tree, Inc. has a twelve month low of $85.88 and a twelve month high of $148.54. 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 (NASDAQ:DLTR) last issued its earnings results 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 net margin of 8.03% and a return on equity of 38.61%. The company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter last year, the company posted $0.77 earnings per share. The firm’s quarterly 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. Research analysts anticipate that Dollar Tree, Inc. will post 7.92 EPS for the current year.

Insiders Place Their Bets

In related news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction 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 owned 4,089 shares in the company, valued at approximately $537,580.83. This represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the company’s stock in a transaction 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 sale, the insider owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their position. The SEC filing for this sale provides additional information. Company insiders own 7.10% of the company’s stock.

Dollar Tree Company Profile

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.