First National Bank of Omaha Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• First National Bank of Omaha bought 53,625 Dollar Tree shares worth approximately $6.25 million during the second quarter. Institutional investors and hedge funds collectively own 97.4% of the company.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $123.41. Recent calls ranged from Raymond James’ $140 “outperform” rating to Barclays’ “strong sell” downgrade.
• Dollar Tree exceeded quarterly earnings expectations, reporting $1.74 in EPS and $4.98 billion in revenue, while revenue rose 7.2% year over year. The company also authorized a $2.5 billion stock-repurchase plan, covering up to 10.7% of outstanding shares.

First National Bank of Omaha purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 53,625 shares of the company's stock, valued at approximately $6,254,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new stake in shares of Dollar Tree in the second quarter worth $2,643,741,000. Pzena Investment Management LLC bought a new position in Dollar Tree in the second quarter valued at $1,176,661,000. State Street Corp grew its position in Dollar Tree by 3.5% in the third quarter. State Street Corp now owns 9,421,856 shares of the company's stock valued at $889,141,000 after purchasing an additional 319,938 shares in the last quarter. Alliancebernstein L.P. increased its stake in Dollar Tree by 176.9% in the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock valued at $371,026,000 after buying an additional 2,393,172 shares during the last quarter. Finally, Invesco Ltd. increased its stake in Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company's stock valued at $334,501,000 after buying an additional 39,506 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Piper Sandler reduced their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a "neutral" rating for the company in a research note on Tuesday, May 26th. Weiss Ratings raised Dollar Tree from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, June 18th. Raymond James Financial upgraded Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 target price on the stock in a report on Wednesday, July 8th. Bank of America restated an "underperform" rating on shares of Dollar Tree in a research note on Thursday, May 28th. Finally, Barclays lowered Dollar Tree from an "overweight" rating to a "strong sell" rating in a research report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of "Hold" and an average target price of $123.41.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $130.48 on Wednesday. The stock has a market cap of $25.08 billion, a PE ratio of 20.39, 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 quick ratio of 0.39 and a current ratio of 1.16. The firm has a 50-day moving average of $122.88 and a 200-day moving average of $114.07. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts' consensus estimates of $1.53 by $0.21. The business 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 quarter in the prior year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, sell-side analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's management believes its stock is 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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