Burgundy Asset Management Ltd. Cuts Stock Position in Dollar Tree, Inc. $DLTR

Burgundy Asset Management Ltd. trimmed its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 72.6% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 460,632 shares of the company’s stock after selling 1,218,380 shares during the period. Burgundy Asset Management Ltd. owned about 0.22% of Dollar Tree worth $45,621,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. 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 increased its position in Dollar Tree by 79.0% in the first quarter. Brooklyn Investment Group now owns 358 shares of the company’s stock worth $27,000 after buying an additional 158 shares during the last quarter. Zions Bancorporation National Association UT bought a new stake in shares of Dollar Tree in the first quarter valued at $30,000. True Wealth Design LLC lifted its position in shares of Dollar Tree by 372.5% during the 2nd quarter. True Wealth Design LLC now owns 378 shares of the company’s stock valued at $37,000 after buying an additional 298 shares during the last quarter. Finally, MTM Investment Management LLC bought a new position in shares of Dollar Tree during the 2nd quarter worth $42,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on DLTR shares. Guggenheim boosted their price objective on Dollar Tree from $125.00 to $130.00 and gave the company a “buy” rating in a research note on Thursday. Wells Fargo & Company upped their price target on shares of Dollar Tree from $115.00 to $125.00 and gave the company an “overweight” rating in a research note on Thursday. Wolfe Research began coverage on shares of Dollar Tree in a report on Thursday, September 18th. They issued a “peer perform” rating for the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Dollar Tree in a research note on Thursday, October 30th. Finally, Bank of America increased their target price on Dollar Tree from $75.00 to $85.00 and gave the stock an “underperform” rating in a research report on Thursday. 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 stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $114.89.

Insider Buying and Selling at Dollar Tree

In related news, insider Robert Aflatooni sold 1,260 shares of the firm’s stock in a transaction that occurred on 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 directly owned 21,402 shares of the company’s stock, valued at $2,026,769.40. This trade represents a 5.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 6.60% of the company’s stock.

Dollar Tree Stock Up 5.7%

Shares of NASDAQ:DLTR opened at $122.44 on Friday. The firm has a fifty day moving average price of $100.55 and a two-hundred day moving average price of $102.39. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.96 and a quick ratio of 0.27. Dollar Tree, Inc. has a one year low of $61.80 and a one year high of $125.79. The company has a market cap of $24.35 billion, a price-to-earnings ratio of -9.10, a PEG ratio of 2.09 and a beta of 0.75.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Wednesday, December 3rd. The company reported $1.21 earnings per share for the quarter, topping the consensus estimate of $1.09 by $0.12. Dollar Tree had a negative net margin of 15.40% and a positive return on equity of 30.23%. The firm had revenue of $4.75 billion for the quarter, compared to analysts’ expectations of $4.70 billion. During the same quarter in the prior year, the firm posted $1.12 earnings per share. The business’s quarterly revenue was up 9.4% on a year-over-year basis. Dollar Tree has set its Q4 2025 guidance at 2.400-2.600 EPS. Analysts anticipate that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Dollar Tree Company Profile

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.