Wealthfront Advisers LLC Purchases Shares of 69,904 Dollar Tree, Inc. $DLTR

Wealthfront Advisers LLC acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 69,904 shares of the company’s stock, valued at approximately $8,047,000.

Several other institutional investors have also modified their holdings of DLTR. Hanseatic Management Services Inc. purchased a new position in shares of Dollar Tree in the 1st quarter valued at $950,000. Arrowstreet Capital Limited Partnership lifted its position in Dollar Tree by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after acquiring an additional 81,695 shares during the last quarter. Capital International Inc. CA lifted its position in Dollar Tree by 1,920.0% in the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock valued at $14,283,000 after acquiring an additional 110,361 shares during the last quarter. Hsbc Holdings PLC boosted its stake in Dollar Tree by 10.4% in the first quarter. Hsbc Holdings PLC now owns 646,333 shares of the company’s stock valued at $70,363,000 after acquiring an additional 60,955 shares in the last quarter. Finally, Forsta AP Fonden boosted its stake in Dollar Tree by 33.3% in the fourth quarter. Forsta AP Fonden now owns 124,900 shares of the company’s stock valued at $15,364,000 after acquiring an additional 31,200 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Up 1.0%

NASDAQ DLTR opened at $131.84 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The firm has a market cap of $25.34 billion, a PE ratio of 20.60, a P/E/G ratio of 1.49 and a beta of 0.64. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. The firm’s fifty day moving average is $123.31 and its two-hundred day moving average is $114.18.

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

Dollar Tree announced that its board has authorized a share repurchase program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of research firms have recently commented on DLTR. Guggenheim lifted their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft upped their target price on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a research note on Wednesday, July 8th. Truist Financial cut their price target on Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Freedom Capital cut Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and a consensus price target of $123.41.

Dollar Tree Company 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.