1832 Asset Management L.P. Makes New Investment in Dollar Tree, Inc. $DLTR

1832 Asset Management L.P. acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 18,979 shares of the company’s stock, valued at approximately $1,880,000.

A number of other hedge funds and other institutional investors have also modified their holdings of DLTR. Cetera Investment Advisers boosted its position in Dollar Tree by 17.4% during the first quarter. Cetera Investment Advisers now owns 13,264 shares of the company’s stock valued at $996,000 after purchasing an additional 1,963 shares during the last quarter. LPL Financial LLC boosted its position in Dollar Tree by 5.4% during the first quarter. LPL Financial LLC now owns 99,280 shares of the company’s stock worth $7,453,000 after purchasing an additional 5,104 shares during the period. Blair William & Co. IL increased its holdings in shares of Dollar Tree by 52.2% in the first quarter. Blair William & Co. IL now owns 13,175 shares of the company’s stock valued at $989,000 after purchasing an additional 4,518 shares during the last quarter. Cary Street Partners Financial LLC raised its position in shares of Dollar Tree by 8.5% in the first quarter. Cary Street Partners Financial LLC now owns 2,381 shares of the company’s stock valued at $179,000 after purchasing an additional 186 shares during the period. Finally, Vanguard Group Inc. lifted its position in Dollar Tree by 1.7% during the first quarter. Vanguard Group Inc. now owns 23,839,718 shares of the company’s stock worth $1,789,648,000 after acquiring an additional 389,490 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Trading Up 5.7%

Shares of NASDAQ DLTR opened at $122.44 on Friday. The firm has a 50 day moving average price of $100.55 and a two-hundred day moving average price of $102.39. The stock has a market cap of $24.35 billion, a P/E ratio of -9.10, a price-to-earnings-growth ratio of 2.09 and a beta of 0.75. Dollar Tree, Inc. has a 52-week low of $61.80 and a 52-week high of $125.79. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.27 and a current ratio of 0.96.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings results on Wednesday, December 3rd. The company reported $1.21 EPS for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. The company had revenue of $4.75 billion for the quarter, compared to analyst estimates of $4.70 billion. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. Dollar Tree’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.12 earnings per share. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, equities analysts forecast that Dollar Tree, Inc. will post 5.39 EPS for the current year.

Analyst Ratings Changes

DLTR has been the subject of several analyst reports. New Street Research set a $103.00 price objective on shares of Dollar Tree in a research note on Thursday, October 16th. Morgan Stanley increased their price objective on shares of Dollar Tree from $96.00 to $105.00 and gave the stock an “equal weight” rating in a research note on Friday, September 5th. JPMorgan Chase & Co. upped their price target on shares of Dollar Tree from $138.00 to $140.00 and gave the stock an “overweight” rating in a report on Thursday, September 4th. BMO Capital Markets reissued a “market perform” rating on shares of Dollar Tree in a research note on Thursday. Finally, Piper Sandler restated a “neutral” rating and set a $114.00 price objective (up from $108.00) on shares of Dollar Tree in a research report on Thursday. Eight analysts have rated the stock with a Buy rating, nine have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $114.89.

Insiders Place Their Bets

In other Dollar Tree news, insider Robert Aflatooni sold 1,260 shares of the firm’s stock in a transaction that occurred on Friday, October 17th. The shares were sold at an average price of $94.70, for a total transaction of $119,322.00. Following the completion of the transaction, the insider owned 21,402 shares in the company, valued at approximately $2,026,769.40. This trade represents a 5.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.60% of the company’s stock.

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.