OMERS ADMINISTRATION Corp Makes New $1.28 Million Investment in Dollar Tree, Inc. $DLTR

Key Points

• OMERS Administration Corp acquired 10,550 Dollar Tree shares worth approximately $1.28 million in the second quarter, while institutional investors and hedge funds collectively own 97.4% of the stock.
• Dollar Tree recently beat quarterly expectations, reporting $1.74 in EPS and $4.98 billion in revenue, with revenue up 7.2% year over year. The company also authorized a $2.5 billion share-buyback program, covering up to 10.7% of outstanding shares.
• DLTR opened at $132.18, below its 52-week high of $142.40. Analyst sentiment is mixed—10 analysts rate it Buy, 12 Hold and four Sell—with a consensus target price of $125.27, while options markets imply roughly a 9% post-earnings move.

OMERS ADMINISTRATION Corp acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 10,550 shares of the company's stock, valued at approximately $1,276,000.

A number of other institutional investors have also made changes to their positions in DLTR. Cullen Frost Bankers Inc. acquired a new stake in Dollar Tree during the 4th quarter valued at $25,000. Reflection Asset Management acquired a new position in shares of Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd raised its position in shares of Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company's stock valued at $27,000 after purchasing an additional 84 shares during the period. Basecamp Wealth Advisors LLC raised its position in shares of Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock valued at $28,000 after purchasing an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC lifted its stake in shares of Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock worth $29,000 after buying an additional 117 shares during the last quarter. 97.40% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Dollar Tree

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

Dollar Tree Stock Down 1.7%

DLTR stock opened at $132.18 on Thursday. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The business has a 50-day simple moving average of $125.40 and a 200 day simple moving average of $114.65. 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 company has a market cap of $25.40 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its 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 firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period last year, the firm earned $1.26 EPS. The business's quarterly revenue was up 7.2% compared to the same quarter last year. Sell-side analysts anticipate that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.

Dollar Tree announced that its Board of Directors has authorized a share buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to buy 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 stock is undervalued.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on DLTR shares. Piper Sandler decreased their target price on Dollar Tree from $116.00 to $101.00 and set a "neutral" rating on the stock in a research report on Tuesday, May 26th. Benchmark started coverage on Dollar Tree in a report on Wednesday, July 8th. They set a "hold" rating for the company. Sanford C. Bernstein boosted their price target on Dollar Tree from $124.00 to $127.00 and gave the company a "market perform" rating in a research note on Friday, July 31st. Jefferies Financial Group upgraded Dollar Tree from a "moderate sell" rating to a "buy" rating in a research report on Wednesday, July 8th. Finally, BMO Capital Markets boosted their target price 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 investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $125.27.

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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