Live Oak Private Wealth LLC Sells 22,993 Shares of Dollar Tree, Inc. $DLTR

Live Oak Private Wealth LLC lessened its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 15.4% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 126,189 shares of the company’s stock after selling 22,993 shares during the period. Dollar Tree makes up approximately 2.0% of Live Oak Private Wealth LLC’s holdings, making the stock its 12th largest position. Live Oak Private Wealth LLC’s holdings in Dollar Tree were worth $15,263,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Dollar Tree in the 2nd quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC acquired a new position in shares of Dollar Tree during the second quarter worth approximately $1,176,661,000. State Street Corp lifted its holdings in shares of Dollar Tree by 3.5% during the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after buying an additional 319,938 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Dollar Tree in the second quarter valued at approximately $455,845,000. Finally, Alliancebernstein L.P. boosted its position in shares of Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after acquiring an additional 2,393,172 shares during the period. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Up 4.0%

NASDAQ DLTR opened at $131.71 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. The stock’s 50 day moving average is $126.65 and its two-hundred day moving average is $114.79. The company has a market capitalization of $24.71 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 1.17 and a beta of 0.66. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share 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 analyst estimates of $4.86 billion. During the same period in the prior year, the company posted $0.77 EPS. The company’s 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. Equities analysts forecast that Dollar Tree, Inc. will post 7.93 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has approved a stock buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Insiders Place Their Bets

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the company’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 represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on DLTR. Guggenheim boosted their target price on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. BNP Paribas Exane increased their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Benchmark assumed coverage on shares of Dollar Tree in a research report on Wednesday, July 8th. They issued a “hold” rating on the stock. BMO Capital Markets restated a “market perform” rating and set a $135.00 price objective on shares of Dollar Tree in a report on Friday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and set a $131.00 price objective on shares of Dollar Tree in a research report on Monday. Ten investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $130.36.

About Dollar Tree

Dollar Tree, Inc is a North American discount retailer that operates a portfolio of value-oriented store banners, primarily Dollar Tree and Family Dollar. The company’s stores offer a broad assortment of everyday items at low price points, including household essentials, food and snacks, health and beauty products, cleaning supplies, seasonal and party goods, home décor, and basic apparel. Dollar Tree’s merchandising strategy emphasizes high-turnover branded and private-label merchandise tailored to budget-conscious consumers, with Family Dollar complementing the chain by offering a wider range of price points and assortment depth in smaller-format neighborhood locations.

Founded in 1986 and headquartered in Chesapeake, Virginia, Dollar Tree has grown through both organic store openings and acquisitions.