Jupiter Topco LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• Jupiter Topco LLC acquired 23,620 Dollar Tree shares during the second quarter, worth approximately $2.72 million. Institutional investors collectively own 97.4% of the company.
• Analysts have raised several price targets, with targets ranging from $115 to $170; however, the overall consensus remains a “Hold” rating with an average target of $130.36.
• Dollar Tree exceeded quarterly earnings expectations, reporting $2.70 in EPS and $4.89 billion in revenue, while revenue grew 7% year over year. The company also authorized a $2.5 billion share buyback, covering up to 10.7% of outstanding shares.

Jupiter Topco LLC acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 23,620 shares of the company's stock, valued at approximately $2,720,000.

Several other large investors also recently modified their holdings of DLTR. Cetera Investment Advisers grew its stake in Dollar Tree by 0.4% in the 4th quarter. Cetera Investment Advisers now owns 21,420 shares of the company's stock valued at $2,635,000 after buying an additional 79 shares during the last quarter. Optimize Financial Inc raised its holdings in Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company's stock valued at $738,000 after acquiring an additional 84 shares during the period. Covestor Ltd lifted its position in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company's stock worth $27,000 after acquiring an additional 84 shares during the last quarter. Root Financial Partners LLC lifted its position in Dollar Tree by 27.6% during the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company's stock worth $48,000 after acquiring an additional 85 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its holdings in shares of Dollar Tree by 7.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company's stock worth $149,000 after acquiring an additional 86 shares during the period. 97.40% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts have recently commented on DLTR shares. Wells Fargo & Company upped their target price on Dollar Tree from $145.00 to $155.00 and gave the company an "overweight" rating in a research report on Monday, August 17th. JPMorgan Chase & Co. lifted their price target on Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. Gordon Haskett upgraded Dollar Tree from a "reduce" rating to a "hold" rating and set a $115.00 price target for the company in a research note on Thursday, June 4th. Jefferies Financial Group upgraded Dollar Tree from a "moderate sell" rating to a "buy" rating in a research note on Wednesday, July 8th. Finally, UBS Group upped their price objective on Dollar Tree from $145.00 to $150.00 and gave the company a "buy" rating in a report on Friday, August 28th. Ten analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $130.36.

Insider Buying and Selling

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the firm's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the sale, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders own 7.10% of the company's stock.

Dollar Tree Stock Up 0.2%

Shares of DLTR opened at $131.91 on Thursday. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The firm's 50 day moving average is $126.90 and its 200-day moving average is $114.81. The stock has a market capitalization of $24.75 billion, a PE ratio of 16.11, a P/E/G ratio of 1.22 and a beta of 0.66. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm's quarterly revenue was up 7.0% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 earnings per share. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. Equities research analysts forecast that Dollar Tree, Inc. will post 7.94 EPS for the current year.

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