Dollar Tree, Inc. $DLTR Position Raised by Applied Finance Capital Management LLC

Applied Finance Capital Management LLC raised its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 2.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 5,507 shares of the company’s stock after buying an additional 140 shares during the quarter. Applied Finance Capital Management LLC’s holdings in Dollar Tree were worth $545,000 as of its most recent filing with the SEC.

Other hedge funds also recently added to or reduced their stakes in the company. Nordea Investment Management AB lifted its holdings in Dollar Tree by 2.9% in the second quarter. Nordea Investment Management AB now owns 30,742 shares of the company’s stock worth $3,008,000 after purchasing an additional 876 shares during the period. Praxis Investment Management Inc. acquired a new position in Dollar Tree during the 2nd quarter valued at about $432,000. Alta Capital Management LLC increased its stake in Dollar Tree by 8.0% during the 2nd quarter. Alta Capital Management LLC now owns 4,330 shares of the company’s stock valued at $429,000 after buying an additional 320 shares during the period. Callahan Advisors LLC increased its stake in Dollar Tree by 103.9% during the 2nd quarter. Callahan Advisors LLC now owns 5,545 shares of the company’s stock valued at $549,000 after buying an additional 2,825 shares during the period. Finally, Mutual Advisors LLC acquired a new position in Dollar Tree during the 2nd quarter valued at about $238,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Price Performance

Shares of Dollar Tree stock opened at $96.44 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.27 and a debt-to-equity ratio of 0.67. The company’s 50-day moving average price is $100.77 and its two-hundred day moving average price is $96.04. Dollar Tree, Inc. has a 52 week low of $60.49 and a 52 week high of $118.06. The stock has a market cap of $19.67 billion, a PE ratio of -7.11, a price-to-earnings-growth ratio of 1.71 and a beta of 0.85.

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

Dollar Tree announced that its board has initiated a stock buyback program on Wednesday, July 9th that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 11.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

DLTR has been the topic of several research analyst reports. Telsey Advisory Group reissued an “outperform” rating and set a $130.00 target price on shares of Dollar Tree in a research note on Thursday. Sanford C. Bernstein reissued a “market perform” rating on shares of Dollar Tree in a research note on Thursday. Barclays raised shares of Dollar Tree from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $95.00 to $138.00 in a research note on Monday, July 21st. Bank of America raised their target price on shares of Dollar Tree from $70.00 to $75.00 and gave the company an “underperform” rating in a research note on Thursday, September 4th. Finally, Morgan Stanley boosted their price target on shares of Dollar Tree from $96.00 to $105.00 and gave the stock an “equal weight” rating in a research report on Friday, September 5th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $109.00.

Insider Transactions at Dollar Tree

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

About Dollar Tree

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.