Balefire LLC Has $569,000 Stock Position in Dollar Tree, Inc. $DLTR

Key Points

• Balefire LLC cut its Dollar Tree position by 70.1% in the second quarter, selling 11,028 shares and retaining 4,708 shares worth approximately $569,000. Institutional investors and hedge funds collectively own 97.4% of the company.
• Dollar Tree reported quarterly earnings of $1.74 per share, exceeding estimates of $1.53, while revenue rose 7.2% year over year to $4.98 billion. The company also authorized a $2.5 billion share-repurchase program covering up to 10.7% of outstanding shares.
• Analyst sentiment remains mixed: ten analysts rate the stock Buy, twelve Hold, and four Sell, resulting in an overall “Hold” rating and a consensus price target of $122.82, below the reported share price of $129.68.

Balefire LLC reduced its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 70.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 4,708 shares of the company's stock after selling 11,028 shares during the period. Balefire LLC's holdings in Dollar Tree were worth $569,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new stake in Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd increased its stake in shares of 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 buying an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC raised its holdings in shares of Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock valued at $28,000 after buying an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its holdings in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock valued at $29,000 after buying an additional 117 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Up 0.7%

Shares of NASDAQ DLTR opened at $129.68 on Friday. The firm has a market capitalization of $24.92 billion, a PE ratio of 20.26, a price-to-earnings-growth ratio of 1.47 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. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The firm's 50-day moving average is $119.91 and its 200-day moving average is $114.03.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its quarterly 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. 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 the consensus estimate of $4.96 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. Dollar Tree's revenue for the quarter 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. Equities analysts expect that Dollar Tree, Inc. will post 7 EPS for the current year.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on DLTR. Barclays lowered shares of Dollar Tree from an "overweight" rating to a "strong sell" rating in a report on Wednesday, July 8th. Benchmark assumed coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They issued a "hold" rating for the company. Guggenheim upped their target price on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. 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. Finally, Gordon Haskett raised shares of Dollar Tree from a "reduce" rating to a "hold" rating and set a $115.00 price target for the company in a report on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus price target of $122.82.

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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