1,292,713 Dollar Tree, Inc. $DLTR Shares Acquired by Confluence Investment Management LLC

Confluence Investment Management LLC grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 963.7% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,426,856 shares of the company’s stock after acquiring an additional 1,292,713 shares during the quarter. Dollar Tree comprises about 2.5% of Confluence Investment Management LLC’s investment portfolio, making the stock its 5th biggest holding. Confluence Investment Management LLC’s holdings in Dollar Tree were worth $162,690,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Envestnet Portfolio Solutions Inc. bought a new stake in shares of Dollar Tree during the 2nd quarter valued at $5,372,000. Sequoia Financial Advisors LLC lifted its holdings in shares of Dollar Tree by 155.7% in the second quarter. Sequoia Financial Advisors LLC now owns 32,295 shares of the company’s stock worth $3,906,000 after buying an additional 19,665 shares in the last quarter. Tidal Investments LLC boosted its holdings in shares of Dollar Tree by 144.0% during the 2nd quarter. Tidal Investments LLC now owns 67,337 shares of the company’s stock valued at $8,144,000 after purchasing an additional 39,743 shares during the last quarter. WINTON GROUP Ltd bought a new position in Dollar Tree during the second quarter valued at approximately $9,466,000. Finally, Cidel Asset Management Inc. grew its holdings in shares of Dollar Tree by 111.9% in the second quarter. Cidel Asset Management Inc. now owns 5,996 shares of the company’s stock valued at $725,000 after purchasing an additional 3,167 shares in the last quarter. Institutional investors own 97.40% of the company’s stock.

Insider Activity

In related news, Director Stephanie Stahl sold 1,185 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total transaction of $155,791.95. Following the completion of the sale, the director owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the 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 sale, the insider directly owned 24,820 shares of the company’s stock, valued at approximately $3,127,568.20. This represents a 9.15% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 7.10% of the company’s stock.

Dollar Tree Stock Performance

DLTR stock traded up $1.07 during trading on Thursday, hitting $115.09. 529,555 shares of the company traded hands, compared to its average volume of 3,196,070. The stock’s 50-day simple moving average is $124.51 and its 200 day simple moving average is $114.01. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The company has a market cap of $21.59 billion, a PE ratio of 14.05, a P/E/G ratio of 1.05 and a beta of 0.66. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm’s revenue for the quarter was up 7.0% on a year-over-year basis. During the same quarter in the previous year, the company 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. On average, 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 plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on DLTR shares. Wall Street Zen raised Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, August 22nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $130.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Deutsche Bank Aktiengesellschaft raised their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Morgan Stanley boosted their price target on Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Friday, August 28th. Finally, Raymond James Financial reissued an “outperform” rating and set a $145.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $131.83.

Dollar Tree Profile

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of everyday merchandise, including household supplies, food and beverages, health and personal-care products, seasonal items, toys, party supplies, and arts and crafts products.

The company’s Dollar Tree stores historically focused on merchandise priced at a fixed dollar point and have expanded to include multiple price points through initiatives such as Dollar Tree Plus.