Federated Hermes Inc. Sells 6,961 Shares of Dollar Tree, Inc. $DLTR

Federated Hermes Inc. decreased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 0.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 735,915 shares of the company’s stock after selling 6,961 shares during the quarter. Federated Hermes Inc. owned about 0.35% of Dollar Tree worth $72,885,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of DLTR. Price T Rowe Associates Inc. MD lifted its holdings in shares of Dollar Tree by 69.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 5,848,196 shares of the company’s stock worth $439,025,000 after purchasing an additional 2,400,586 shares in the last quarter. Alyeska Investment Group L.P. raised its holdings in Dollar Tree by 1,055.1% during the first quarter. Alyeska Investment Group L.P. now owns 2,322,189 shares of the company’s stock worth $174,327,000 after buying an additional 2,121,149 shares during the last quarter. Norges Bank acquired a new position in Dollar Tree during the second quarter worth $185,784,000. EdgePoint Investment Group Inc. lifted its stake in shares of Dollar Tree by 21.4% in the first quarter. EdgePoint Investment Group Inc. now owns 9,641,507 shares of the company’s stock valued at $723,788,000 after buying an additional 1,701,344 shares in the last quarter. Finally, Maverick Capital Ltd. acquired a new position in shares of Dollar Tree during the first quarter valued at about $69,890,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DLTR has been the subject of several recent research reports. Gordon Haskett downgraded shares of Dollar Tree from a “hold” rating to a “reduce” rating and set a $95.00 target price for the company. in a research report on Wednesday, September 3rd. UBS Group lifted their price target on Dollar Tree from $135.00 to $138.00 and gave the company a “buy” rating in a research note on Thursday. Truist Financial set a $136.00 price objective on Dollar Tree in a research note on Wednesday. Sanford C. Bernstein restated a “market perform” rating and issued a $109.00 target price on shares of Dollar Tree in a report on Thursday. Finally, Guggenheim lifted their target price on Dollar Tree from $125.00 to $130.00 and gave the company a “buy” rating 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and a consensus target price of $114.89.

Insiders Place Their Bets

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

Dollar Tree Trading Up 5.7%

NASDAQ:DLTR opened at $122.44 on Monday. Dollar Tree, Inc. has a 52 week low of $61.80 and a 52 week high of $125.79. The firm has a 50-day moving average price of $100.55 and a two-hundred day moving average price of $102.48. The company has a debt-to-equity ratio of 0.70, a quick ratio of 0.22 and a current ratio of 0.96. The firm has a market cap of $24.35 billion, a price-to-earnings ratio of -9.10, a price-to-earnings-growth ratio of 1.81 and a beta of 0.75.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Wednesday, December 3rd. The company reported $1.21 earnings per share for the quarter, topping analysts’ consensus estimates of $1.09 by $0.12. The firm had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.70 billion. Dollar Tree had a positive return on equity of 30.23% and a negative net margin of 15.40%.The company’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 EPS. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. On average, equities analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

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.