NFJ Investment Group LLC Buys Shares of 146,081 Dollar Tree, Inc. $DLTR

Key Points

• NFJ Investment Group purchased 146,081 Dollar Tree shares worth approximately $16.8 million, while institutional investors collectively own 97.4% of the company.
• Dollar Tree reported quarterly EPS of $1.74, beating estimates of $1.53, with revenue rising 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. Analysts remain divided, with a consensus “Hold” rating and an average price target of $123.41.

NFJ Investment Group LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 146,081 shares of the company's stock, valued at approximately $16,815,000. NFJ Investment Group LLC owned 0.08% of Dollar Tree at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. NewEdge Advisors LLC grew its position in Dollar Tree by 3,237.4% in the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock worth $1,032,000 after acquiring an additional 13,338 shares during the period. Woodline Partners LP raised its position in Dollar Tree by 40.7% in the first quarter. Woodline Partners LP now owns 17,078 shares of the company's stock valued at $1,282,000 after purchasing an additional 4,941 shares during the period. Focus Partners Wealth raised its position in Dollar Tree by 2.0% in the first quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock valued at $799,000 after purchasing an additional 213 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dollar Tree in the 2nd quarter valued at $257,000. Finally, CW Advisors LLC acquired a new position in shares of Dollar Tree in the 2nd quarter valued at $264,000. Institutional investors and hedge funds own 97.40% of the company's stock.

Dollar Tree Trading Down 2.6%

Shares of NASDAQ DLTR opened at $128.45 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 capitalization of $24.69 billion, a PE ratio of 20.07, a PEG ratio of 1.50 and a beta of 0.64. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The stock has a fifty day simple moving average of $123.58 and a 200-day simple moving average of $114.25.

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, topping the consensus estimate of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree's revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has authorized a share repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. UBS Group reiterated a "buy" rating on shares of Dollar Tree in a report on Monday. Jefferies Financial Group upgraded shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a report on Wednesday, July 8th. Weiss Ratings raised shares of Dollar Tree from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Thursday, June 18th. Guggenheim increased their target price on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a "buy" rating in a research note on Friday, May 29th. Finally, BMO Capital Markets lifted their price target on shares of Dollar Tree from $90.00 to $98.00 and gave the company an "underperform" rating in a research report on Tuesday, August 11th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $123.41.

About Dollar Tree

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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