Godsey & Gibb Inc. Makes New Investment in Dollar Tree, Inc. $DLTR

Godsey & Gibb Inc. purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 221,869 shares of the company’s stock, valued at approximately $25,298,000. Dollar Tree comprises 1.7% of Godsey & Gibb Inc.’s holdings, making the stock its 21st biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new position in shares of Dollar Tree in the second quarter worth about $2,643,741,000. Pzena Investment Management LLC acquired a new position in shares of Dollar Tree during the 2nd quarter worth about $1,176,661,000. Primecap Management Co. CA bought a new stake in Dollar Tree during the 2nd quarter valued at approximately $455,845,000. Bank of America Corp DE bought a new stake in Dollar Tree during the 2nd quarter valued at approximately $385,350,000. Finally, Caisse de depot et placement du Quebec bought a new stake in Dollar Tree during the 2nd quarter valued at approximately $205,631,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Stephanie Stahl sold 1,185 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $131.47, for a total transaction of $155,791.95. Following the sale, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. The trade was a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the company’s stock in a transaction 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 of the company’s stock, valued at $3,127,568.20. The trade was a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on DLTR. Wells Fargo & Company lifted their price target on Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Morgan Stanley upped their price target on Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Truist Financial increased their price objective on Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. BMO Capital Markets restated a “market perform” rating and issued a $135.00 price objective on shares of Dollar Tree in a research note on Friday, August 28th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Eleven research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Dollar Tree has a consensus rating of “Hold” and an average price target of $131.83.

Dollar Tree Stock Up 4.7%

NASDAQ DLTR opened at $121.76 on Thursday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The firm has a 50-day simple moving average of $122.53 and a 200 day simple moving average of $114.60. Dollar Tree, Inc. has a twelve month low of $85.88 and a twelve month high of $142.40. The stock has a market cap of $22.85 billion, a PE ratio of 14.87, a PEG ratio of 1.08 and a beta of 0.71.

Dollar Tree (NASDAQ:DLTR) 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 firm had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.86 billion. During the same period in the previous year, the company posted $0.77 earnings per share. The company’s quarterly revenue 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. On average, research analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current year.

Dollar Tree declared that its Board of Directors has initiated a share repurchase 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 stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its shares are undervalued.

Dollar Tree Company 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.