Jupiter Topco LLC Purchases New Holdings in Dollar Tree, Inc. $DLTR

Jupiter Topco LLC acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 1,306,484 shares of the company’s stock, valued at approximately $158,020,000. Jupiter Topco LLC owned about 0.68% of Dollar Tree at the end of the most recent quarter.

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

Dollar Tree Stock Down 1.7%

Shares of NASDAQ:DLTR opened at $132.18 on Thursday. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The business has a fifty day moving average of $125.40 and a two-hundred day moving average of $114.65. The stock has a market cap of $25.40 billion, a P/E ratio of 20.65, a PEG ratio of 1.53 and a beta of 0.64. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40.

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. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the company earned $1.26 EPS. On average, research analysts expect that Dollar Tree, Inc. will post 7.02 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has approved a share repurchase program on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on DLTR. Barclays lowered Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Guggenheim increased their target price on shares of Dollar Tree from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday. Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. Morgan Stanley boosted 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 report on Friday, May 29th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $125.27.

Key Headlines Impacting Dollar Tree

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

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.