Great Lakes Advisors LLC Purchases New Position in Dollar Tree, Inc. $DLTR

Great Lakes Advisors LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 67,402 shares of the company’s stock, valued at approximately $8,152,000.

Other large investors have also bought and sold shares of the company. Cetera Investment Advisers grew its holdings in shares of Dollar Tree by 0.4% during the 4th quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after acquiring an additional 79 shares during the period. Optimize Financial Inc lifted its stake in shares of Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after purchasing an additional 84 shares during the period. Covestor Ltd lifted its stake in shares of Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares during the period. Root Financial Partners LLC boosted its position in shares of Dollar Tree by 27.6% during the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after purchasing an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators grew its stake in Dollar Tree by 7.7% in the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after purchasing an additional 86 shares during the period. 97.40% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DLTR has been the subject of several recent research reports. Truist Financial lowered their price objective on Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. Barclays downgraded shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Morgan Stanley increased their price target on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $123.41.

Dollar Tree Stock Up 1.0%

Shares of NASDAQ:DLTR opened at $131.84 on Thursday. The stock has a fifty day simple moving average of $123.31 and a two-hundred day simple moving average of $114.18. The stock has a market capitalization of $25.34 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 1.49 and a beta of 0.64. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, research analysts anticipate that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has authorized a stock buyback plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its shares are undervalued.

Dollar Tree Profile

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.