Korea Investment CORP Makes New Investment in Dollar Tree, Inc. $DLTR

Key Points

• Korea Investment CORP acquired 170,031 Dollar Tree shares worth approximately $20.6 million in the second quarter, joining other institutional buyers. Institutional investors and hedge funds collectively own 97.4% of DLTR.
• Dollar Tree exceeded quarterly earnings expectations, reporting $1.74 in EPS versus the $1.53 consensus and $4.98 billion in revenue, up 7.2% year over year.
• The company authorized a $2.5 billion share-repurchase program, allowing it to buy back up to 10.7% of outstanding shares. Despite the buyback, analysts’ overall rating remains “Hold,” with an average price target of $123.41.

Korea Investment CORP bought a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 170,031 shares of the company's stock, valued at approximately $20,565,000. Korea Investment CORP owned approximately 0.09% of Dollar Tree at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in DLTR. EP Wealth Advisors LLC acquired a new stake in shares of Dollar Tree in the second quarter valued at about $617,000. Ieq Capital LLC acquired a new position in shares of Dollar Tree during the 2nd quarter worth about $9,778,000. Callan Family Office LLC acquired a new position in shares of Dollar Tree during the 2nd quarter worth about $353,000. Blue Capital Inc. purchased a new position in Dollar Tree in the 2nd quarter valued at about $259,000. Finally, Keating Financial Advisory Services Inc. purchased a new position in Dollar Tree in the 2nd quarter valued at about $33,000. Institutional investors and hedge funds own 97.40% of the company's stock.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $131.48 on Monday. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The business has a fifty day moving average of $123.93 and a two-hundred day moving average of $114.35. 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. 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 posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The business had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the previous year, the firm earned $1.26 EPS. The company's quarterly 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 expect that Dollar Tree, Inc. will post 7.02 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has approved a share repurchase program on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Freedom Capital lowered Dollar Tree from a "strong-buy" rating to a "hold" rating in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft raised their target price on Dollar Tree from $99.00 to $102.00 and gave the company a "hold" rating in a research report on Thursday, June 4th. Sanford C. Bernstein lifted their price target on Dollar Tree from $124.00 to $127.00 and gave the stock a "market perform" rating in a research note on Friday, July 31st. The Goldman Sachs Group cut Dollar Tree from a "neutral" rating to a "hold" rating in a research report on Wednesday, July 8th. Finally, Guggenheim increased their price objective on Dollar Tree from $130.00 to $135.00 and gave the company a "buy" rating in a research note on Friday, May 29th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, Dollar Tree has an average rating of "Hold" and an average target price 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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