Harber Asset Management LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Harber Asset Management LLC acquired a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 36,450 shares of the company’s stock, valued at approximately $4,196,000. Dollar Tree accounts for 2.5% of Harber Asset Management LLC’s investment portfolio, making the stock its 17th largest position.

Other large investors have also modified their holdings of the company. Wealthfront Advisers LLC grew its holdings in shares of Dollar Tree by 13.7% in the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after purchasing an additional 9,288 shares during the last quarter. Hanseatic Management Services Inc. bought a new position in Dollar Tree during the 1st quarter valued at about $950,000. Arrowstreet Capital Limited Partnership lifted its holdings in Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares during the last quarter. Capital International Inc. CA boosted 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 buying an additional 110,361 shares in the last quarter. Finally, Hsbc Holdings PLC boosted its position 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 buying an additional 60,955 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

Shares of DLTR stock opened at $131.48 on Friday. The firm’s 50 day moving average price is $123.93 and its two-hundred day moving average price is $114.37. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The stock has a market cap of $25.27 billion, a PE ratio of 20.54, a PEG ratio of 1.47 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter last year, the business earned $1.26 earnings per share. The company’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. As a group, analysts forecast that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its board has initiated a share buyback program 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 stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

DLTR has been the subject of a number of research analyst reports. Sanford C. Bernstein lifted their target price on shares of Dollar Tree from $124.00 to $127.00 and gave the company a “market perform” rating in a research note on Friday, July 31st. JPMorgan Chase & Co. boosted their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 target price on the stock in a report on Wednesday, July 8th. The Goldman Sachs Group cut Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Finally, UBS Group reissued a “buy” rating on shares of Dollar Tree in a report on Monday. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock has an average 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.