Paralel Advisors LLC Takes Position in Dollar Tree, Inc. $DLTR

Key Points

• Paralel Advisors LLC initiated a Dollar Tree position by purchasing 19,454 shares valued at approximately $2.24 million. Institutional investors collectively own 97.4% of the company.
• Analysts maintain a consensus “Hold” rating, with 10 Buy, 12 Hold, and 4 Sell recommendations and an average price target of $123.41.
• Dollar Tree exceeded quarterly earnings expectations, reporting $1.74 EPS and $4.98 billion in revenue, while approving a $2.5 billion share-repurchase plan covering up to 10.7% of outstanding shares.

Paralel Advisors LLC bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 19,454 shares of the company's stock, valued at approximately $2,239,000.

Several other large investors also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Dollar Tree in the second quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC purchased a new position in Dollar Tree in the second quarter worth approximately $1,176,661,000. State Street Corp grew its holdings in Dollar Tree by 3.5% during the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company's stock worth $889,141,000 after acquiring an additional 319,938 shares in the last quarter. Alliancebernstein L.P. increased its position in shares of Dollar Tree by 176.9% in the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock valued at $371,026,000 after purchasing an additional 2,393,172 shares during the last quarter. Finally, Invesco Ltd. increased its position in shares of Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company's stock valued at $334,501,000 after purchasing an additional 39,506 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on DLTR. Morgan Stanley lifted their price objective on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an "equal weight" rating in a research report on Friday, May 29th. Barclays lowered Dollar Tree from an "overweight" rating to a "strong sell" rating in a report on Wednesday, July 8th. Sanford C. Bernstein raised 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. The Goldman Sachs Group downgraded Dollar Tree from a "neutral" rating to a "hold" rating in a report on Wednesday, July 8th. Finally, Piper Sandler lowered their price objective on Dollar Tree from $116.00 to $101.00 and set a "neutral" rating for the company in a research report on Tuesday, May 26th. 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $123.41.

Dollar Tree Trading Down 2.6%

NASDAQ DLTR opened at $128.45 on Friday. The firm's fifty day moving average price is $123.58 and its 200 day moving average price is $114.25. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree's revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, sell-side analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to reacquire 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 shares are 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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