Allworth Financial LP Buys Shares of 11,639 Dollar Tree, Inc. $DLTR

Allworth Financial LP purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 11,639 shares of the company's stock, valued at approximately $1,340,000.

A number of other large investors also recently modified their holdings of DLTR. BlackRock Inc. bought a new stake in shares of Dollar Tree during the 2nd quarter worth about $2,643,741,000. Pzena Investment Management LLC bought a new position in Dollar Tree during the 2nd quarter valued at $1,176,661,000. Alliancebernstein L.P. boosted its stake in Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock valued at $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. Norges Bank bought a new position in Dollar Tree during the 4th quarter valued at $260,858,000. Finally, AQR Capital Management LLC increased its position in shares of Dollar Tree by 906.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company's stock valued at $124,973,000 after purchasing an additional 1,148,649 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR opened at $131.48 on Friday. 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 $25.27 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 1.50 and a beta of 0.64. 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 simple moving average is $123.93 and its 200 day simple moving average is $114.37.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results 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 analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts forecast that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

Dollar Tree declared that its board has authorized a stock 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 repurchase up to 10.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Weiss Ratings raised Dollar Tree from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Thursday, June 18th. BNP Paribas Exane lifted their target price on Dollar Tree from $88.00 to $98.00 and gave the stock an "underperform" rating in a report on Friday, May 29th. Freedom Capital cut shares of Dollar Tree from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 28th. Piper Sandler cut their price target on shares of Dollar Tree from $116.00 to $101.00 and set a "neutral" rating for the company in a report on Tuesday, May 26th. Finally, Raymond James Financial raised shares of Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 price target for the company in a report on Wednesday, July 8th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Dollar Tree presently has an average rating of "Hold" and a consensus 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.

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