AMG National Trust Bank Acquires Shares of 19,611 Dollar Tree, Inc. $DLTR

Key Points

• AMG National Trust Bank initiated a Dollar Tree position by purchasing 19,611 shares worth approximately $2.26 million. Institutional investors collectively own 97.4% of the company, with several major funds significantly increasing their stakes.
• Analyst sentiment remains mixed: 10 analysts rate Dollar Tree a Buy, 12 a Hold, and 4 a Sell, producing an overall “Hold” consensus and an average price target of $122.95.
• Dollar Tree exceeded quarterly expectations with $1.74 in EPS and $4.98 billion in revenue, while its board authorized a $2.5 billion share-buyback program covering up to 10.7% of outstanding shares.

AMG National Trust Bank bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,611 shares of the company's stock, valued at approximately $2,257,000.

Several other institutional investors and hedge funds also recently made changes to their positions in DLTR. Alliancebernstein L.P. raised its holdings 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 acquiring an additional 2,393,172 shares during the period. Norges Bank bought a new stake in shares of Dollar Tree during the 4th quarter valued at $260,858,000. AQR Capital Management LLC lifted its holdings in Dollar Tree by 906.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company's stock worth $124,973,000 after purchasing an additional 1,148,649 shares in the last quarter. Bank of Montreal Can boosted its stake in Dollar Tree by 663.5% in the 4th quarter. Bank of Montreal Can now owns 1,296,289 shares of the company's stock worth $159,457,000 after purchasing an additional 1,126,505 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Dollar Tree during the 2nd quarter valued at about $110,626,000. Institutional investors own 97.40% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on DLTR shares. Guggenheim boosted their price objective on shares of Dollar Tree from $130.00 to $135.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Sanford C. Bernstein increased their target price on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a "market perform" rating in a research note on Friday, July 31st. Truist Financial cut their price target on shares of Dollar Tree from $142.00 to $107.00 and set a "buy" rating for the company in a report on Wednesday, May 27th. The Goldman Sachs Group lowered shares of Dollar Tree from a "neutral" rating to a "hold" rating in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. upped their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. Ten research 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 company presently has an average rating of "Hold" and an average target price of $122.95.

Dollar Tree Stock Performance

Shares of DLTR opened at $129.39 on Monday. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The company has a market capitalization of $24.87 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.48 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The firm's 50 day simple moving average is $122.07 and its 200 day simple moving average is $113.94.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping analysts' consensus estimates of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.98 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same quarter in the previous year, the company earned $1.26 EPS. The business's quarterly revenue was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Sell-side analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a stock buyback program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's board of directors believes its shares are undervalued.

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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