Ieq Capital LLC Takes $27.41 Million Position in Dollar Tree, Inc. $DLTR

Key Points

• Ieq Capital LLC acquired 238,084 Dollar Tree shares worth approximately $27.4 million, representing about 0.12% of the company. Institutional investors and hedge funds collectively own 97.4% of Dollar Tree.
• Analyst sentiment has improved, with Jefferies, Evercore, Wall Street Zen and UBS expressing bullish views. However, the broader consensus remains “Hold,” with a consensus price target of $123.41.
• Dollar Tree exceeded quarterly expectations, reporting $1.74 in EPS and $4.98 billion in revenue, while sales rose 7.2% year over year. The company also authorized a $2.5 billion share buyback, allowing repurchases of up to 10.7% of outstanding shares.

Ieq Capital LLC purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 238,084 shares of the company's stock, valued at approximately $27,406,000. Ieq Capital LLC owned approximately 0.12% of Dollar Tree at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of Dollar Tree during the fourth quarter worth $25,000. Reflection Asset Management acquired a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Covestor Ltd grew its position in shares of Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company's stock valued at $27,000 after buying an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC raised its stake in Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock worth $28,000 after acquiring an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC lifted its holdings in Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock worth $29,000 after acquiring an additional 117 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the company. Morgan Stanley upped their target price on Dollar Tree from $126.00 to $130.00 and gave the company an "equal weight" rating in a report on Friday, May 29th. Jefferies Financial Group raised Dollar Tree from a "moderate sell" rating to a "buy" rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded Dollar Tree from a "hold" rating to a "buy" rating in a research note on Saturday. Evercore raised shares of Dollar Tree from a "hold" rating to an "outperform" rating in a report on Wednesday, July 8th. Finally, UBS Group reaffirmed a "buy" rating on shares of Dollar Tree in a report on Monday. 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's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus target price of $123.41.

Dollar Tree Trading Up 2.4%

Dollar Tree stock opened at $131.48 on Friday. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. 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 market cap of $25.27 billion, a price-to-earnings ratio of 20.54, a price-to-earnings-growth ratio of 1.47 and a beta of 0.64. The firm's 50 day moving average price is $123.93 and its two-hundred day moving average price is $114.37.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.98 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same period in the previous year, the company earned $1.26 earnings per share. The company's 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. On average, research analysts predict that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a share buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally an indication 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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