Insight Wealth Strategies LLC Purchases New Shares in Dollar Tree, Inc. $DLTR

Insight Wealth Strategies LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 83,399 shares of the company’s stock, valued at approximately $9,509,000. Dollar Tree makes up 1.0% of Insight Wealth Strategies LLC’s investment portfolio, making the stock its 28th largest holding.

Other institutional investors have also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Dollar Tree in the 2nd quarter valued at $2,643,741,000. Pzena Investment Management LLC bought a new stake in shares of Dollar Tree during the second quarter worth $1,176,661,000. Primecap Management Co. CA bought a new stake in shares of Dollar Tree during the second quarter worth $455,845,000. Bank of America Corp DE acquired a new position in shares of Dollar Tree during the second quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec acquired a new position in shares of Dollar Tree during the second quarter valued at $205,631,000. Institutional investors own 97.40% of the company’s stock.

Insider Activity at Dollar Tree

In other news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction on Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction of $315,025.00. Following the transaction, the insider directly owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction on 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 transaction, the director directly owned 4,089 shares of the company’s stock, valued at $537,580.83. This trade represents a 22.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 7.10% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently commented on DLTR shares. Truist Financial lifted 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. Evercore set a $135.00 target price on shares of Dollar Tree in a research note on Tuesday, September 29th. BMO Capital Markets reiterated a “market perform” rating and set a $135.00 price target on shares of Dollar Tree in a research report on Friday, August 28th. JPMorgan Chase & Co. boosted their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Finally, Piper Sandler increased their price objective on shares of Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Eleven equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $131.83.

Dollar Tree Trading Down 0.6%

NASDAQ:DLTR traded down $0.66 during mid-day trading on Friday, hitting $117.96. The company had a trading volume of 352,857 shares, compared to its average volume of 3,160,876. 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, Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $142.40. The firm has a market cap of $22.13 billion, a P/E ratio of 14.41, a P/E/G ratio of 1.08 and a beta of 0.71. The business’s fifty day moving average is $123.37 and its two-hundred day moving average is $114.27.

Dollar Tree (NASDAQ:DLTR) last announced 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 company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.Dollar Tree’s revenue was up 7.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.77 EPS. 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, research analysts expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its board has initiated a share repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

About Dollar Tree

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.