Wagner Wealth Management Corp Acquires New Stake in Dollar Tree, Inc. $DLTR

by · The Markets Daily

Wagner Wealth Management Corp acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 5,097 shares of the company’s stock, valued at approximately $581,000.

A number of other hedge funds have also made changes to their positions in DLTR. BlackRock Inc. bought a new stake in Dollar Tree during the second quarter worth approximately $2,643,741,000. Pzena Investment Management LLC acquired a new stake in Dollar Tree in the second quarter worth approximately $1,176,661,000. Primecap Management Co. CA acquired a new stake in Dollar Tree in the second quarter worth approximately $455,845,000. Bank of America Corp DE bought a new position in Dollar Tree during the 2nd quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec bought a new position in Dollar Tree during the 2nd quarter valued at $205,631,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DLTR shares. Piper Sandler lifted their price target on Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a research report on Monday, August 31st. Wells Fargo & Company upped their price objective on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 17th. Barclays upped their price objective on Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Loop Capital raised Dollar Tree from a “hold” rating to a “buy” rating and raised their target price for the company from $130.00 to $140.00 in a research note on Thursday, October 1st. Finally, Morgan Stanley lifted their target price on Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $133.14.

Get Our Latest Stock Analysis on Dollar Tree

Insiders Place Their Bets

In related news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction on Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the transaction, the director directly owned 4,089 shares in the company, valued at $537,580.83. The trade was a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the sale, the insider directly owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 7.10% of the company’s stock.

Dollar Tree Trading Up 1.5%

Dollar Tree stock opened at $124.96 on Wednesday. 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 market cap of $23.45 billion, a price-to-earnings ratio of 15.26, a price-to-earnings-growth ratio of 1.14 and a beta of 0.71. Dollar Tree, Inc. has a 1 year low of $85.88 and a 1 year high of $142.40. The firm’s 50 day moving average price is $122.11 and its two-hundred day moving average price is $115.07.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted 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 company had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the prior year, the company earned $0.77 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. 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 predict that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a share buyback program on Thursday, July 2nd that authorizes the company to buy back $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its stock through open market purchases. Share repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

Dollar Tree Profile

(Free Report)

Dollar Tree, Inc (NASDAQ: DLTR) is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.

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