Dollar Tree (NASDAQ:DLTR) Shares Acquired Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently bought shares of Dollar Tree, Inc. NASDAQ: DLTR. In a filing disclosed on February 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Dollar Tree stock on January 15th. The trade occurred in the Representative's "MERRILL LYNCH TAX EFFICIENT CORE" account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Dell Technologies NYSE: DELL on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PepsiCo NASDAQ: PEP on 1/28/2025.
• Sold $1,001 - $15,000 in shares of Intuit NASDAQ: INTU on 1/28/2025.
• Sold $1,001 - $15,000 in shares of ALLETE NYSE: ALE on 1/28/2025.
• Sold $1,001 - $15,000 in shares of PPG Industries NYSE: PPG on 1/27/2025.
• Purchased $1,001 - $15,000 in shares of Progressive NYSE: PGR on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 1/24/2025.
• Sold $1,001 - $15,000 in shares of Morgan Stanley NYSE: MS on 1/24/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 1/17/2025.

Dollar Tree Stock Down 0.6 %

Shares of NASDAQ DLTR traded down $0.45 during mid-day trading on Monday, hitting $71.56. The company had a trading volume of 1,515,706 shares, compared to its average volume of 2,529,005. The company has a market capitalization of $15.38 billion, a PE ratio of -15.00, a price-to-earnings-growth ratio of 2.11 and a beta of 0.89. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.03 and a quick ratio of 0.17. Dollar Tree, Inc. has a 1-year low of $60.49 and a 1-year high of $151.21. The business's 50-day simple moving average is $72.82 and its 200 day simple moving average is $74.29.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.07 by $0.05. The business had revenue of $7.57 billion for the quarter, compared to analysts' expectations of $7.45 billion. Dollar Tree had a positive return on equity of 16.89% and a negative net margin of 3.34%. The company's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period last year, the firm earned $0.97 earnings per share. On average, analysts predict that Dollar Tree, Inc. will post 5.39 earnings per share for the current year.

Hedge Funds Weigh In On Dollar Tree

Several hedge funds have recently made changes to their positions in DLTR. Livforsakringsbolaget Skandia Omsesidigt grew its holdings in shares of Dollar Tree by 448.7% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 1,712 shares of the company's stock worth $120,000 after buying an additional 1,400 shares during the last quarter. Inspire Investing LLC grew its holdings in shares of Dollar Tree by 62.6% during the third quarter. Inspire Investing LLC now owns 4,024 shares of the company's stock worth $283,000 after buying an additional 1,549 shares during the last quarter. Exchange Traded Concepts LLC purchased a new position in shares of Dollar Tree during the third quarter worth about $218,000. Creative Planning grew its holdings in shares of Dollar Tree by 8.6% during the third quarter. Creative Planning now owns 24,673 shares of the company's stock worth $1,646,000 after buying an additional 1,959 shares during the last quarter. Finally, NBC Securities Inc. grew its holdings in shares of Dollar Tree by 82.4% during the third quarter. NBC Securities Inc. now owns 2,688 shares of the company's stock worth $189,000 after buying an additional 1,214 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Evercore ISI reduced their price objective on Dollar Tree from $94.00 to $92.00 and set an "in-line" rating on the stock in a research note on Tuesday, December 3rd. Truist Financial raised their price target on Dollar Tree from $79.00 to $83.00 and gave the company a "buy" rating in a research note on Thursday, December 5th. StockNews.com upgraded Dollar Tree from a "sell" rating to a "hold" rating in a research note on Thursday, December 5th. KeyCorp cut Dollar Tree from an "overweight" rating to a "sector weight" rating in a research note on Thursday, November 7th. Finally, JPMorgan Chase & Co. raised their price target on Dollar Tree from $70.00 to $82.00 and gave the company a "neutral" rating in a research note on Tuesday, November 5th. Seventeen analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $85.58.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas' 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027. Johnson (Democratic Party) ran for election to the U.S. House to represent Texas' 32nd Congressional District. She won in the general election on November 5, 2024. Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson's career experience includes working as an attorney.

About Dollar Tree

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.