Ieq Capital LLC Takes $9.78 Million Position in Dollar Tree, Inc. $DLTR

Key Points

• Ieq Capital LLC acquired 80,847 Dollar Tree shares during the second quarter, establishing a position worth approximately $9.78 million. Institutional investors collectively own 97.4% of the company.
• Dollar Tree reported quarterly adjusted earnings of $1.74 per share, exceeding the $1.53 consensus estimate, while revenue rose 7.2% year over year to $4.98 billion.
• The company authorized a $2.5 billion share-repurchase program, covering up to 10.7% of outstanding shares. Despite some positive analyst revisions, the stock carries a consensus “Hold” rating with a $123.41 price target.

Ieq Capital LLC purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 80,847 shares of the company's stock, valued at approximately $9,778,000.

Several other large investors have also recently added to or reduced their stakes in the company. Callan Family Office LLC purchased a new position in Dollar Tree during the second quarter worth about $353,000. Blue Capital Inc. acquired a new position in Dollar Tree during the 2nd quarter worth approximately $259,000. Keating Financial Advisory Services Inc. purchased a new position in shares of Dollar Tree during the 2nd quarter worth approximately $33,000. Paralel Advisors LLC acquired a new stake in shares of Dollar Tree in the 2nd quarter valued at approximately $2,239,000. Finally, Allworth Financial LP purchased a new stake in shares of Dollar Tree in the second quarter valued at approximately $210,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

Shares of DLTR opened at $131.48 on Friday. 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 stock has a market cap of $25.27 billion, a P/E ratio of 20.54, a PEG ratio of 1.50 and a beta of 0.64. The company has a 50-day moving average of $123.93 and a two-hundred day moving average of $114.37. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the business earned $1.26 earnings per share. The company's quarterly revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Sanford C. Bernstein upped their price objective on Dollar Tree from $124.00 to $127.00 and gave the stock a "market perform" rating in a report on Friday, July 31st. Freedom Capital downgraded Dollar Tree from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 28th. Bank of America restated an "underperform" rating on shares of Dollar Tree in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Dollar Tree from $99.00 to $102.00 and gave the company a "hold" rating in a report on Thursday, June 4th. Finally, Evercore upgraded shares of Dollar Tree from a "hold" rating to an "outperform" rating in a research note on Wednesday, July 8th. Ten investment 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. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $123.41.

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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