McKinney Capital Management LLC bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 16,125 shares of the company’s stock, valued at approximately $1,839,000. Dollar Tree comprises 0.7% of McKinney Capital Management LLC’s portfolio, making the stock its 23rd largest position.
Other hedge funds have also recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of Dollar Tree in the 2nd quarter valued at $2,643,741,000. Pzena Investment Management LLC acquired a new stake in shares of Dollar Tree during the second quarter worth $1,176,661,000. Primecap Management Co. CA bought a new position in Dollar Tree during the second quarter worth $455,845,000. Bank of America Corp DE bought a new position in Dollar Tree during the second quarter worth $385,350,000. Finally, Caisse de depot et placement du Quebec bought a new position in Dollar Tree during the second quarter worth $205,631,000. Institutional investors own 97.40% of the company’s stock.
Insider Buying and Selling at Dollar Tree
In other news, insider Robert Aflatooni sold 2,500 shares of the 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 owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This represents a 9.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie Stahl sold 1,185 shares of the 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 directly owned 4,089 shares in the company, valued at $537,580.83. This trade represents a 22.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 7.10% of the company’s stock.
Dollar Tree Trading Down 2.3%
Shares of DLTR stock traded down $3.19 during trading hours on Friday, hitting $138.08. 1,893,873 shares of the company were exchanged, compared to its average volume of 2,174,252. The company has a 50 day simple moving average of $123.35 and a two-hundred day simple moving average of $117.46. The firm has a market cap of $25.91 billion, a P/E ratio of 16.86, a P/E/G ratio of 1.31 and a beta of 0.64. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. Dollar Tree, Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $148.54.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its earnings results 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 company had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. Dollar Tree’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Equities analysts anticipate that Dollar Tree, Inc. will post 7.92 EPS for the current year.
Analyst Ratings Changes
DLTR has been the topic of several recent analyst reports. Barclays boosted their target price on shares of Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Truist Financial increased their price target on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday, August 25th. Raymond James Financial reissued an “outperform” rating and issued a $145.00 price objective on shares of Dollar Tree in a research report on Friday, August 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 report on Tuesday, August 25th. Finally, UBS Group boosted their price objective on Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $133.14.
Read Our Latest Analysis on DLTR
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.
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