Rep. Julie Johnson Buys Dollar Tree, Inc. (NASDAQ:DLTR) Shares

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 Performance

Shares of NASDAQ:DLTR opened at $71.56 on Friday. The business has a 50 day moving average price of $72.82 and a 200 day moving average price of $74.94. Dollar Tree, Inc. has a twelve month low of $60.49 and a twelve month high of $151.21. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.17 and a current ratio of 1.03.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Wednesday, December 4th. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.07 by $0.05. The company had revenue of $7.57 billion during 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%. Dollar Tree’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.97 earnings per share. As a group, equities analysts predict that Dollar Tree, Inc. will post 5.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on DLTR. Evercore ISI lowered their price target 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. KeyCorp cut Dollar Tree from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 7th. Loop Capital raised their target price on Dollar Tree from $65.00 to $75.00 and gave the stock a “hold” rating in a research report on Thursday, December 5th. BMO Capital Markets boosted their price target on shares of Dollar Tree from $65.00 to $70.00 and gave the company a “market perform” rating in a report on Thursday, December 5th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $75.00 price objective on shares of Dollar Tree in a report on Friday, December 20th. Seventeen analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus price target of $85.58.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Assetmark Inc. lifted its stake in shares of Dollar Tree by 74.1% during the fourth quarter. Assetmark Inc. now owns 350 shares of the company’s stock valued at $26,000 after acquiring an additional 149 shares during the period. Bessemer Group Inc. raised its stake in shares of Dollar Tree by 34,600.0% during the fourth quarter. Bessemer Group Inc. now owns 347 shares of the company’s stock worth $26,000 after buying an additional 346 shares during the last quarter. Versant Capital Management Inc bought a new stake in shares of Dollar Tree during the fourth quarter worth approximately $30,000. Parkside Financial Bank & Trust raised its stake in shares of Dollar Tree by 120.8% during the fourth quarter. Parkside Financial Bank & Trust now owns 424 shares of the company’s stock worth $32,000 after buying an additional 232 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Dollar Tree by 91.3% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 440 shares of the company’s stock worth $33,000 after buying an additional 210 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

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.