Public Employees Retirement System of Ohio acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor acquired 60,159 shares of the company’s stock, valued at approximately $7,276,000.
A number of other institutional investors have also recently bought and sold shares of DLTR. Cullen Frost Bankers Inc. acquired a new stake in shares of Dollar Tree in the fourth quarter valued at approximately $25,000. Reflection Asset Management bought a new stake in shares of Dollar Tree in the fourth quarter valued at approximately $25,000. Covestor Ltd grew its position in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after buying an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC grew its position in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after buying an additional 97 shares in the last quarter. Finally, EFG International AG bought a new position in Dollar Tree during the 2nd quarter worth $30,000. Institutional investors own 97.40% of the company’s stock.
Insider Transactions at Dollar Tree
In related news, insider Robert Aflatooni sold 2,500 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 7.10% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
View Our Latest Report on Dollar Tree
Dollar Tree Stock Up 4.0%
NASDAQ DLTR opened at $131.71 on Wednesday. The business has a fifty day moving average price of $126.65 and a two-hundred day moving average price of $114.79. The stock has a market capitalization of $24.71 billion, a PE ratio of 16.08, a PEG ratio of 1.17 and a beta of 0.66. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.The company had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same quarter last year, the company posted $0.77 EPS. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. 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 expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.
Dollar Tree declared that its Board of Directors has approved a stock buyback program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.
Dollar Tree Company Profile
Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.
Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.
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