Tocqueville Asset Management L.P. Invests $15.19 Million in Dollar Tree, Inc. $DLTR

Tocqueville Asset Management L.P. acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 125,552 shares of the company’s stock, valued at approximately $15,186,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. West Family Investments Inc. purchased a new position in Dollar Tree in the second quarter valued at about $235,000. Tacita Capital Inc purchased a new stake in shares of Dollar Tree during the second quarter valued at about $44,000. NewEdge Wealth LLC bought a new stake in shares of Dollar Tree in the 2nd quarter valued at about $864,000. Monetta Financial Services Inc. purchased a new position in shares of Dollar Tree in the 2nd quarter worth approximately $1,028,000. Finally, Great Lakes Advisors LLC purchased a new position in shares of Dollar Tree in the 2nd quarter worth approximately $8,152,000. 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 fifty day simple moving average of $123.31 and a two-hundred day simple moving average of $114.18. The stock has a market cap of $25.34 billion, a P/E ratio of 20.60, a P/E/G ratio of 1.49 and a beta of 0.64. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84.

Dollar Tree (NASDAQ:DLTR) last announced 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 firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree announced that its board has authorized a stock buyback plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on DLTR shares. Sanford C. Bernstein increased 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 report on Friday, July 31st. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. Raymond James Financial raised Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a research report on Wednesday, July 8th. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Finally, Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research report on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently 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.