Dollar Tree, Inc. $DLTR Stock Sold by Fifth Third Bancorp

Fifth Third Bancorp trimmed its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 5.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 193,743 shares of the company’s stock after selling 10,671 shares during the quarter. Fifth Third Bancorp owned about 0.10% of Dollar Tree worth $22,091,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Algert Global LLC grew its stake in shares of Dollar Tree by 17.9% in the 2nd quarter. Algert Global LLC now owns 69,452 shares of the company’s stock worth $7,995,000 after purchasing an additional 10,547 shares during the last quarter. Empirical Finance LLC raised its holdings in shares of Dollar Tree by 983.9% in the 2nd quarter. Empirical Finance LLC now owns 79,398 shares of the company’s stock worth $9,455,000 after purchasing an additional 72,073 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Dollar Tree by 13.7% during the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock valued at $8,431,000 after purchasing an additional 9,288 shares during the last quarter. Nykredit A S acquired a new stake in Dollar Tree during the second quarter valued at approximately $10,141,000. Finally, Bank of New York Mellon Corp bought a new stake in Dollar Tree during the second quarter worth approximately $110,626,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Down 2.3%

Shares of NASDAQ DLTR opened at $138.08 on Friday. The stock has a market cap of $25.91 billion, a PE ratio of 20.47, a PEG ratio of 1.31 and a beta of 0.64. The business has a fifty day moving average of $123.35 and a two-hundred day moving average of $117.46. Dollar Tree, Inc. has a 52-week low of $85.88 and a 52-week high of $148.54. 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 (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, beating analysts’ consensus estimates of $1.15 by $1.55. The firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.77 earnings per share. 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. As a group, equities research analysts expect that Dollar Tree, Inc. will post 7.92 earnings per share for the current fiscal year.

Insider Activity

In related news, insider Robert Aflatooni sold 2,500 shares of the business’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. The trade was a 9.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the sale, the director owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. The trade was a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. Loop Capital lowered Dollar Tree from a “buy” rating to a “hold” rating and set a $140.00 target price for the company. in a report on Thursday, November 5th. Raymond James Financial reiterated an “outperform” rating and set a $145.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Morgan Stanley upped their price target on Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Guggenheim increased their price objective on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, August 25th. Finally, Truist Financial raised their price objective on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Ten equities research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $133.14.

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.