Benedict Financial Advisors Inc. Buys 5,029 Shares of Dollar Tree, Inc. $DLTR

Benedict Financial Advisors Inc. purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 5,029 shares of the company’s stock, valued at approximately $573,000.

Other institutional investors have also recently bought and sold shares of the company. Ridgewood Investments LLC purchased a new stake in shares of Dollar Tree in the third quarter valued at $1,117,000. CX Institutional grew its holdings in shares of Dollar Tree by 108.9% during the third quarter. CX Institutional now owns 5,845 shares of the company’s stock valued at $666,000 after buying an additional 3,047 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of Dollar Tree by 80.5% during the third quarter. Versant Capital Management Inc now owns 7,784 shares of the company’s stock valued at $888,000 after buying an additional 3,471 shares in the last quarter. First Financial Bank Trust Division raised its position in Dollar Tree by 8.4% during the third quarter. First Financial Bank Trust Division now owns 31,060 shares of the company’s stock valued at $3,541,000 after buying an additional 2,412 shares during the period. Finally, Roxbury Financial LLC acquired a new position in Dollar Tree during the third quarter valued at $158,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Price Performance

NASDAQ:DLTR traded up $0.50 during mid-day trading on Wednesday, hitting $116.69. The company’s stock had a trading volume of 406,642 shares, compared to its average volume of 3,173,255. The company has a market capitalization of $21.89 billion, a price-to-earnings ratio of 14.22, a P/E/G ratio of 1.05 and a beta of 0.71. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a fifty-two week low of $85.75 and a fifty-two week high of $142.40. The stock has a fifty day moving average of $123.82 and a 200-day moving average of $114.11.

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. As a group, equities analysts forecast that Dollar Tree, Inc. will post 7.93 EPS for the current fiscal 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 purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s board believes its shares are undervalued.

Insider Activity at Dollar Tree

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the business’s 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 owned 4,089 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the transaction, the insider directly owned 24,820 shares of the company’s stock, valued at approximately $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. Company insiders own 7.10% of the company’s stock.

Analyst Upgrades and Downgrades

DLTR has been the topic of several research analyst reports. Morgan Stanley lifted their target price on Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Piper Sandler increased their price target on shares of Dollar Tree from $114.00 to $121.00 and gave the stock a “neutral” rating in a research report on Monday, August 31st. BMO Capital Markets restated a “market perform” rating and set a $135.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Loop Capital upgraded shares of Dollar Tree from a “hold” rating to a “buy” rating and upped their price objective for the company from $130.00 to $140.00 in a research note on Thursday, October 1st. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $130.00 target price on shares of Dollar Tree in a research report on Friday, August 28th. Eleven investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $131.83.

About Dollar Tree

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.