Blair William & Co. IL Cuts Stake in Dollar Tree, Inc. $DLTR

Blair William & Co. IL lowered its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 30.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,103 shares of the company’s stock after selling 4,072 shares during the quarter. Blair William & Co. IL’s holdings in Dollar Tree were worth $902,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also bought and sold shares of DLTR. Horizon Investments LLC increased its holdings in shares of Dollar Tree by 5.1% during the first quarter. Horizon Investments LLC now owns 2,905 shares of the company’s stock valued at $218,000 after acquiring an additional 140 shares in the last quarter. Compton Wealth Advisory Group LLC increased its holdings in shares of Dollar Tree by 0.4% during the second quarter. Compton Wealth Advisory Group LLC now owns 34,561 shares of the company’s stock valued at $3,423,000 after acquiring an additional 148 shares in the last quarter. Brooklyn Investment Group increased its holdings in shares of Dollar Tree by 79.0% during the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock valued at $27,000 after acquiring an additional 158 shares in the last quarter. Private Trust Co. NA increased its holdings in shares of Dollar Tree by 11.6% during the first quarter. Private Trust Co. NA now owns 1,527 shares of the company’s stock valued at $115,000 after acquiring an additional 159 shares in the last quarter. Finally, TD Private Client Wealth LLC increased its holdings in shares of Dollar Tree by 164.0% during the second quarter. TD Private Client Wealth LLC now owns 264 shares of the company’s stock valued at $26,000 after acquiring an additional 164 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Insider Transactions at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the firm’s stock in a transaction dated Friday, September 5th. The stock was sold at an average price of $100.32, for a total value of $118,879.20. Following the transaction, the director directly owned 4,089 shares of the company’s stock, valued at approximately $410,208.48. This trade represents a 22.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 6.60% of the company’s stock.

Dollar Tree Trading Down 2.0%

Shares of NASDAQ:DLTR opened at $94.03 on Friday. The stock has a market capitalization of $19.18 billion, a price-to-earnings ratio of -6.93, a PEG ratio of 1.75 and a beta of 0.85. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.27 and a current ratio of 1.04. The stock’s 50-day simple moving average is $101.16 and its two-hundred day simple moving average is $95.89. Dollar Tree, Inc. has a 52-week low of $60.49 and a 52-week high of $118.06.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Wednesday, September 3rd. The company reported $0.77 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.38 by $0.39. The business had revenue of $4.57 billion for the quarter, compared to analysts’ expectations of $4.46 billion. Dollar Tree had a positive return on equity of 23.52% and a negative net margin of 13.46%.The business’s revenue for the quarter was up 12.3% on a year-over-year basis. During the same period last year, the firm posted $0.67 earnings per share. Dollar Tree has set its FY 2025 guidance at 5.320-5.720 EPS. Analysts expect that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Dollar Tree declared that its board has authorized a share buyback plan on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 11.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

Several research firms recently commented on DLTR. Bank of America lifted their price objective on Dollar Tree from $70.00 to $75.00 and gave the stock an “underperform” rating in a report on Thursday, September 4th. Evercore ISI lifted their price objective on Dollar Tree from $90.00 to $105.00 and gave the stock an “in-line” rating in a report on Thursday. Guggenheim reduced their price objective on Dollar Tree from $130.00 to $125.00 and set a “buy” rating for the company in a report on Monday, September 8th. Barclays upgraded Dollar Tree from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $95.00 to $138.00 in a report on Monday, July 21st. Finally, Truist Financial lifted their price objective on Dollar Tree from $127.00 to $129.00 and gave the stock a “buy” rating in a report on Wednesday, September 3rd. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and an average target price of $109.00.

Dollar Tree Company Profile

Dollar Tree, Inc operates retail discount stores. The company operates in two segments, Dollar Tree and Family Dollar. The Dollar Tree segment offers merchandise at the fixed price of $ 1.25. It provides consumable merchandise, which includes everyday consumables, such as household paper and chemicals, food, candy, health, personal care products, and frozen and refrigerated food; variety merchandise comprising toys, durable housewares, gifts, stationery, party goods, greeting cards, softlines, arts and crafts supplies, and other items; and seasonal goods that include Christmas, Easter, Halloween, and Valentine's Day merchandise.