AXQ Capital LP Sells 31,527 Shares of Dollar Tree, Inc. $DLTR

Key Points

• AXQ Capital sharply reduced its Dollar Tree stake by selling 31,527 shares, a 77.4% decrease, leaving the fund with 9,216 shares valued at approximately $1.12 million.
• Dollar Tree reported strong quarterly results, with EPS of $2.70 versus the $1.15 consensus and revenue of $4.89 billion, up 7% year over year. The company also authorized a $2.5 billion share-repurchase program.
• Analyst sentiment remains mixed: the stock carries a consensus “Hold” rating and an average price target of $131.68, while shares recently opened at $131.42.

AXQ Capital LP lessened its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 77.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,216 shares of the company's stock after selling 31,527 shares during the period. AXQ Capital LP's holdings in Dollar Tree were worth $1,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in DLTR. NewEdge Advisors LLC grew its stake in shares of Dollar Tree by 3,237.4% during the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock worth $1,032,000 after acquiring an additional 13,338 shares during the last quarter. Woodline Partners LP lifted its stake in shares of Dollar Tree by 40.7% during the first quarter. Woodline Partners LP now owns 17,078 shares of the company's stock worth $1,282,000 after buying an additional 4,941 shares during the period. Focus Partners Wealth grew its holdings in shares of Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock valued at $799,000 after buying an additional 213 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Dollar Tree in the 2nd quarter valued at $257,000. Finally, CW Advisors LLC acquired a new position in shares of Dollar Tree in the 2nd quarter valued at $264,000. 97.40% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on DLTR shares. Freedom Capital lowered Dollar Tree from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 28th. Bank of America reiterated an "underperform" rating on shares of Dollar Tree in a research note on Thursday, May 28th. Piper Sandler raised their price objective on Dollar Tree from $114.00 to $121.00 and gave the stock a "neutral" rating in a research note on Monday, August 31st. Wells Fargo & Company raised their price objective on Dollar Tree from $145.00 to $155.00 and gave the stock an "overweight" rating in a research note on Monday, August 17th. Finally, Wall Street Zen raised Dollar Tree from a "hold" rating to a "buy" rating in a report on Saturday, August 22nd. Eleven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average target price of $131.68.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR opened at $131.42 on Friday. The company has a market capitalization of $24.66 billion, a PE ratio of 16.05, a price-to-earnings-growth ratio of 1.22 and a beta of 0.66. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The company's fifty day moving average price is $127.31 and its 200 day moving average price is $114.96. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $1.15 by $1.55. The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.Dollar Tree's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.77 EPS. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. On average, research analysts predict that Dollar Tree, Inc. will post 7.84 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock repurchase plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.

Insider Buying and Selling

In other news, insider Robert Aflatooni sold 2,500 shares of Dollar Tree stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the sale, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the transaction, the director directly owned 4,089 shares of the company's stock, valued at $537,580.83. The trade was a 22.47% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is owned by insiders.

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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