Bellwether Advisors LLC Has $1.59 Million Stock Holdings in Dollar Tree, Inc. $DLTR

Key Points

• Bellwether Advisors LLC reduced its Dollar Tree stake by 35.8% in the first quarter, selling 8,104 shares and ending with 14,557 shares valued at about $1.59 million.
• Analyst sentiment remains mixed but generally cautious: Dollar Tree now has a consensus Hold rating and an average price target of $122.68, though Raymond James recently upgraded the stock to Outperform.
• The company reported better-than-expected Q1 earnings of $1.74 per share on revenue of $4.98 billion, and its board approved a $2.5 billion stock buyback plan covering up to 10.7% of shares.

Bellwether Advisors LLC trimmed its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 35.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 14,557 shares of the company's stock after selling 8,104 shares during the period. Bellwether Advisors LLC's holdings in Dollar Tree were worth $1,594,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new position in Dollar Tree in the fourth quarter worth about $25,000. Reflection Asset Management acquired a new stake in Dollar Tree during the fourth quarter valued at approximately $25,000. Covestor Ltd boosted its holdings in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company's stock valued at $27,000 after purchasing an additional 84 shares in the last quarter. Wilkerson Advisory Group LLC grew its stake in shares of Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock valued at $29,000 after purchasing an additional 117 shares during the period. Finally, YANKCOM Partnership bought a new stake in shares of Dollar Tree in the 4th quarter valued at approximately $31,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the company. Raymond James Financial upgraded Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 target price for the company in a research report on Wednesday, July 8th. Morgan Stanley upped their price target on Dollar Tree from $126.00 to $130.00 and gave the company an "equal weight" rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft increased their price objective on Dollar Tree from $99.00 to $102.00 and gave the stock a "hold" rating in a research note on Thursday, June 4th. UBS Group reissued a "buy" rating on shares of Dollar Tree in a report on Friday, July 10th. Finally, BNP Paribas Exane boosted their target price on shares of Dollar Tree from $88.00 to $98.00 and gave the company an "underperform" rating in a research note on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, Dollar Tree presently has a consensus rating of "Hold" and a consensus price target of $122.68.

Dollar Tree Trading Down 0.5%

DLTR opened at $125.74 on Wednesday. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The stock has a market capitalization of $24.16 billion, a PE ratio of 19.65, a PEG ratio of 1.44 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The firm has a 50-day moving average price of $112.19 and a two-hundred day moving average price of $114.65.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.21. The company 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%. Dollar Tree's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities analysts anticipate that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a stock buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board believes its shares are undervalued.

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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