Sanctuary Advisors LLC Buys Shares of 24,492 Dollar Tree, Inc. $DLTR

Sanctuary Advisors LLC bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 24,492 shares of the company's stock, valued at approximately $2,819,000.

Other hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in shares of Dollar Tree by 3,237.4% during the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock valued at $1,032,000 after purchasing an additional 13,338 shares in the last quarter. Woodline Partners LP increased its holdings in Dollar Tree by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company's stock worth $1,282,000 after buying an additional 4,941 shares in the last quarter. Focus Partners Wealth increased its holdings in Dollar Tree by 2.0% in the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock worth $799,000 after buying an additional 213 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Dollar Tree in the 2nd quarter worth about $257,000. Finally, CW Advisors LLC purchased a new stake in shares of Dollar Tree during the 2nd quarter valued at about $264,000. Hedge funds and other institutional investors own 97.40% of the company's stock.

Dollar Tree News Roundup

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

• Positive Sentiment: Truist raised its price target: Truist Financial increased its target for DLTR from $136 to $138 and maintained a “buy” rating, signaling continued confidence in the retailer’s earnings prospects. Truist raises Dollar Tree price target
• Positive Sentiment: Investors are positioning ahead of earnings: Dollar Tree is scheduled to report second-quarter fiscal 2026 results before the market opens on August 27. Expectations are supported by the company’s recent 7.2% sales growth, 3.5% comparable-store sales growth, stronger adjusted EPS, and full-year adjusted EPS guidance of $6.70 to $7.10. Dollar Tree gains ahead of earnings
• Positive Sentiment: Recent momentum has improved sentiment: DLTR gained about 4% in the prior session, reflecting optimism around profitability, share repurchases, and the possibility of an improved outlook. Dollar Tree shares surge
• Neutral Sentiment: Earnings are the immediate catalyst: Analysts will focus on consumer demand, comparable-store sales, margins, and whether management meets its second-quarter adjusted EPS guidance of $1.00 to $1.15. Dollar Tree Q2 earnings expectations
• Neutral Sentiment: Short-interest data appears unreliable: The report lists zero shares short and a zero-day short-interest ratio while also describing a significant increase, indicating a likely data error rather than a meaningful trading signal.
• Negative Sentiment: Technical resistance could limit gains: Benzinga identified potential resistance near $141.50, where investors who bought during the recent rally may sell, creating a ceiling for DLTR. Dollar Tree technical resistance

Dollar Tree Trading Down 1.7%

Dollar Tree stock opened at $134.48 on Wednesday. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The company has a market cap of $25.84 billion, a P/E ratio of 21.01, a P/E/G ratio of 1.56 and a beta of 0.64. 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 50-day simple moving average of $124.88 and a two-hundred day simple moving average of $114.56.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share 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 analysts' expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are often a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

DLTR has been the subject of a number of research analyst reports. Raymond James Financial upgraded shares of Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 price target for the company in a research note on Wednesday, July 8th. BMO Capital Markets increased their price objective 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. JPMorgan Chase & Co. raised their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a report on Monday, July 6th. Jefferies Financial Group raised shares of Dollar Tree from a "moderate sell" rating to a "buy" rating in a research report on Wednesday, July 8th. Finally, Benchmark assumed coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They set a "hold" rating for the company. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Dollar Tree presently has a consensus rating of "Hold" and an average price target of $125.27.

Dollar Tree 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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