Jones Financial Companies Lllp acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 35,009 shares of the company’s stock, valued at approximately $4,030,000.
A number of other large investors have also recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree during the fourth quarter valued at approximately $25,000. Reflection Asset Management bought a new stake in Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd boosted its holdings in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC increased its position in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC increased its position in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the period. 97.40% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently commented on DLTR shares. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research report on Thursday, June 4th. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. BNP Paribas Exane boosted their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research report on Friday, May 29th. Wells Fargo & Company increased their price target on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Finally, Sanford C. Bernstein raised their price objective on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, Dollar Tree has a consensus rating of “Hold” and a consensus target price of $123.41.
Dollar Tree Stock Performance
Shares of DLTR stock opened at $136.75 on Tuesday. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The stock has a market cap of $26.28 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The company’s fifty day moving average price is $124.40 and its 200-day moving average price is $114.47.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share 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 the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities analysts expect that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.
Dollar Tree declared that its Board of Directors has authorized a share buyback plan on Thursday, July 2nd that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board 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.
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