Pallas Capital Advisors LLC Purchases New Position in Dollar Tree, Inc. $DLTR

Pallas Capital Advisors LLC bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 12,597 shares of the company’s stock, valued at approximately $1,450,000.

Other hedge funds also recently bought and sold shares of the company. Cullen Frost Bankers Inc. purchased a new position in shares of Dollar Tree during the 4th quarter valued at approximately $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree in the fourth quarter worth about $25,000. Covestor Ltd boosted its holdings in shares of Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its stake in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after buying an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC increased its stake in shares of Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Up 0.1%

NASDAQ:DLTR opened at $129.54 on Tuesday. 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 stock’s fifty day moving average is $122.51 and its two-hundred day moving average is $113.99. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The stock has a market capitalization of $24.89 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.48 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion during 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 revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current year.

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

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on DLTR. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Barclays lowered shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. BMO Capital Markets increased their price objective on Dollar Tree from $90.00 to $98.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 11th. Wells Fargo & Company lifted their target price on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price 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.