III Capital Management Increases Holdings in Dollar Tree, Inc. $DLTR

by · The Markets Daily

III Capital Management increased its stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 166.7% during the second quarter, according to its most recent filing with the SEC. The fund owned 40,000 shares of the company’s stock after buying an additional 25,000 shares during the quarter. Dollar Tree accounts for approximately 0.7% of III Capital Management’s portfolio, making the stock its 20th largest holding. III Capital Management’s holdings in Dollar Tree were worth $3,962,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in DLTR. TD Private Client Wealth LLC boosted its stake in Dollar Tree by 164.0% in the second quarter. TD Private Client Wealth LLC now owns 264 shares of the company’s stock valued at $26,000 after acquiring an additional 164 shares during the last quarter. Brooklyn Investment Group raised its holdings in shares of Dollar Tree by 79.0% in the 1st quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock worth $27,000 after purchasing an additional 158 shares during the period. True Wealth Design LLC lifted its stake in Dollar Tree by 372.5% in the second quarter. True Wealth Design LLC now owns 378 shares of the company’s stock valued at $37,000 after purchasing an additional 298 shares during the last quarter. MTM Investment Management LLC bought a new position in Dollar Tree during the second quarter valued at $42,000. Finally, Ameritas Advisory Services LLC purchased a new stake in Dollar Tree in the second quarter worth $43,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on DLTR shares. Evercore ISI increased their price target on Dollar Tree from $104.00 to $120.00 and gave the stock an “in-line” rating in a research note on Thursday, December 4th. Wells Fargo & Company upped their price objective on shares of Dollar Tree from $115.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, December 4th. JPMorgan Chase & Co. lifted their target price on shares of Dollar Tree from $138.00 to $140.00 and gave the stock an “overweight” rating in a research note on Thursday, September 4th. Morgan Stanley upped their price target on shares of Dollar Tree from $105.00 to $130.00 and gave the company an “equal weight” rating in a research note on Monday. Finally, BMO Capital Markets reaffirmed a “market perform” rating on shares of Dollar Tree in a report on Thursday, December 4th. Eight research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $116.17.

Read Our Latest Research Report on Dollar Tree

Insider Activity

In other Dollar Tree news, insider Brent A. Beebe sold 2,200 shares of the company’s stock in a transaction dated Monday, December 8th. The stock was sold at an average price of $124.65, for a total value of $274,230.00. Following the transaction, the insider directly owned 13,740 shares in the company, valued at $1,712,691. This represents a 13.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Robert Aflatooni sold 1,260 shares of Dollar Tree stock in a transaction dated Friday, October 17th. The shares were sold at an average price of $94.70, for a total value of $119,322.00. Following the sale, the insider owned 21,402 shares of the company’s stock, valued at approximately $2,026,769.40. This trade represents a 5.56% decrease in their position. The SEC filing for this sale provides additional information. 6.60% of the stock is owned by insiders.

Dollar Tree Stock Performance

Dollar Tree stock opened at $129.87 on Friday. Dollar Tree, Inc. has a 1-year low of $61.80 and a 1-year high of $130.60. The company has a current ratio of 0.96, a quick ratio of 0.22 and a debt-to-equity ratio of 0.70. The firm has a market capitalization of $25.83 billion, a PE ratio of -9.66, a price-to-earnings-growth ratio of 1.91 and a beta of 0.75. The firm’s 50 day simple moving average is $103.85 and its 200 day simple moving average is $103.55.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last announced its quarterly earnings results on Wednesday, December 3rd. The company reported $1.21 EPS for the quarter, beating the consensus estimate of $1.09 by $0.12. The firm had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.70 billion. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. The business’s quarterly revenue was up 9.4% compared to the same quarter last year. During the same period last year, the firm earned $1.12 EPS. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. As a group, analysts expect that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal year.

Dollar Tree Profile

(Free Report)

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.

Further Reading

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