Oppenheimer Asset Management Inc. Makes New $4.77 Million Investment in Dollar Tree, Inc. $DLTR

Key Points

• Oppenheimer Asset Management acquired 39,434 Dollar Tree shares worth approximately $4.77 million, while institutional investors collectively own 97.4% of the company.
• Analyst sentiment remains mixed, with 10 Buy, 12 Hold, and 4 Sell ratings; the consensus rating is Hold with a $122.95 price target.
• Dollar Tree exceeded quarterly earnings expectations, reporting $1.74 in EPS and $4.98 billion in revenue, while authorizing a $2.5 billion share-repurchase plan covering up to 10.7% of outstanding shares.

Oppenheimer Asset Management Inc. purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 39,434 shares of the company's stock, valued at approximately $4,770,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealthfront Advisers LLC increased its position in shares of Dollar Tree by 13.7% in the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company's stock valued at $8,431,000 after purchasing an additional 9,288 shares during the last quarter. Hanseatic Management Services Inc. acquired a new stake in shares of Dollar Tree in the 1st quarter valued at $950,000. Arrowstreet Capital Limited Partnership lifted its position in shares of Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company's stock worth $224,106,000 after purchasing an additional 81,695 shares during the last quarter. Capital International Inc. CA lifted its position in shares of Dollar Tree by 1,920.0% during the 4th quarter. Capital International Inc. CA now owns 116,109 shares of the company's stock worth $14,283,000 after purchasing an additional 110,361 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in shares of Dollar Tree by 10.4% during the first quarter. Hsbc Holdings PLC now owns 646,333 shares of the company's stock worth $70,363,000 after purchasing an additional 60,955 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on DLTR. Barclays lowered Dollar Tree from an "overweight" rating to a "strong sell" rating in a report on Wednesday, July 8th. BMO Capital Markets upped their price objective on Dollar Tree from $90.00 to $98.00 and gave the stock an "underperform" rating in a research report on Tuesday. Raymond James Financial upgraded Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 price objective on the stock in a report on Wednesday, July 8th. The Goldman Sachs Group lowered Dollar Tree from a "neutral" rating to a "hold" rating in a research report on Wednesday, July 8th. Finally, Guggenheim raised their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a "buy" rating in a research report on Friday, May 29th. 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, Dollar Tree has a consensus rating of "Hold" and a consensus price target of $122.95.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $129.39 on Friday. The stock's 50-day moving average price is $122.07 and its 200 day moving average price is $114.02. 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 stock has a market capitalization of $24.87 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 1.48 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 data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts' consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion during the quarter, compared to analysts' expectations of $4.96 billion. During the same period last year, the firm earned $1.26 EPS. The firm's revenue for the quarter 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, equities research analysts forecast that Dollar Tree, Inc. will post 7 EPS for the current year.

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

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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