Sumitomo Mitsui Trust Group Inc. Sells 33,760 Shares of Dollar Tree, Inc. $DLTR

Sumitomo Mitsui Trust Group Inc. cut its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 7.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 432,243 shares of the company’s stock after selling 33,760 shares during the quarter. Sumitomo Mitsui Trust Group Inc. owned about 0.23% of Dollar Tree worth $49,284,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Basecamp Wealth Advisors LLC increased its holdings in shares of Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the period. Wilkerson Advisory Group LLC increased its position in shares of Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the period. EFG International AG acquired a new stake in shares of Dollar Tree during the 2nd quarter worth about $30,000. Keating Financial Advisory Services Inc. bought a new position in Dollar Tree in the 2nd quarter worth approximately $33,000. Finally, Trust Co. of Vermont acquired a new position in Dollar Tree in the second quarter valued at approximately $36,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on DLTR. Morgan Stanley boosted their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Sanford C. Bernstein restated a “market perform” rating and set a $130.00 price objective on shares of Dollar Tree in a research report on Friday, August 28th. UBS Group increased their target price on Dollar Tree from $145.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Finally, Guggenheim boosted their target price on Dollar Tree from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Eleven analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $133.14.

Dollar Tree Trading Up 9.6%

Shares of DLTR opened at $147.00 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 moving average price of $122.13 and a 200-day moving average price of $117.16. The firm has a market cap of $27.58 billion, a price-to-earnings ratio of 19.43, a PEG ratio of 1.24 and a beta of 0.64. Dollar Tree, Inc. has a fifty-two week low of $85.88 and a fifty-two week high of $148.37.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the prior year, the business earned $0.77 EPS. The company’s revenue for the quarter 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. As a group, equities research analysts forecast that Dollar Tree, Inc. will post 7.92 earnings per share for the current year.

Insider Activity at Dollar Tree

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 transaction, the director owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. The trade was a 22.47% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Robert Aflatooni sold 2,500 shares of the business’s 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 sale, the insider directly owned 24,820 shares of the company’s stock, valued at $3,127,568.20. This 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 Profile

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.