Sequoia Financial Advisors LLC Purchases 19,665 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Sequoia Financial Advisors increased its Dollar Tree stake by 155.7% in the second quarter, purchasing 19,665 shares and bringing its holdings to 32,295 shares valued at approximately $3.9 million.
• Dollar Tree reported quarterly EPS of $2.70, well above the $1.15 consensus estimate, while revenue rose 7% year over year to $4.89 billion. The company also authorized a $2.5 billion share-repurchase program covering up to 10.7% of outstanding shares.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $131.68 target price, despite several analysts raising their price targets and longer-term earnings forecasts.

Sequoia Financial Advisors LLC boosted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 155.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,295 shares of the company's stock after buying an additional 19,665 shares during the period. Sequoia Financial Advisors LLC's holdings in Dollar Tree were worth $3,906,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Dollar Tree during the 4th quarter worth approximately $25,000. Covestor Ltd increased its stake in 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 acquiring an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC increased its stake in 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 acquiring an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its position in Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock valued at $29,000 after purchasing an additional 117 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

Trending Headlines about Dollar Tree

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

• Positive Sentiment: Zacks Research increased its FY2028 EPS forecast to $7.89 from $7.67 and raised its FY2029 forecast to $8.86 from $8.62. Analysts also lifted estimates for Q1 2028, Q2 2028, Q4 2028 and Q1 2029, signaling stronger longer-term earnings expectations.
• Neutral Sentiment: The revisions leave Zacks’ projected FY2028 earnings only modestly above the current-year consensus estimate of $7.84. The changes may support investor confidence, but they do not represent a formal company guidance update.
• Neutral Sentiment: Reported short-interest data showed zero shares short and a zero-day days-to-cover ratio, providing no meaningful indication of short-seller pressure or potential short-covering demand.
• Negative Sentiment: Zacks Research lowered its Q4 2027 EPS forecast to $2.63 from $2.76 and cut its Q3 2028 forecast to $1.39 from $1.53. These reductions point to possible pressure on earnings in specific reporting periods.
• Negative Sentiment: An opinion article titled “3 reasons to avoid DLTR and 1 stock to buy instead” reflects a bearish view of Dollar Tree, although it is commentary rather than a new operating or financial disclosure. 3 reasons to avoid DLTR and 1 stock to buy instead

Dollar Tree Stock Performance

Shares of Dollar Tree stock opened at $118.17 on Friday. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.13 and a quick ratio of 0.39. The firm has a market capitalization of $22.17 billion, a P/E ratio of 14.43, a P/E/G ratio of 1.11 and a beta of 0.66. The company's 50 day moving average price is $127.27 and its two-hundred day moving average price is $114.65.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The company had revenue of $4.89 billion during the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the business earned $0.77 earnings per share. The company's revenue for the quarter was up 7.0% compared to the same quarter last year. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. On average, equities analysts forecast that Dollar Tree, Inc. will post 7.95 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a stock repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are often an indication that the company's board of directors believes its shares are undervalued.

Insiders Place Their Bets

In other Dollar Tree news, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $126.01, for a total value of $315,025.00. Following the completion of the transaction, the insider directly owned 24,820 shares in the company, valued at approximately $3,127,568.20. This trade represents a 9.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $131.47, for a total value of $155,791.95. Following the sale, the director directly owned 4,089 shares in the company, valued at $537,580.83. The trade was a 22.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 7.10% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Wall Street Zen upgraded Dollar Tree from a "hold" rating to a "buy" rating in a research note on Saturday, August 22nd. Raymond James Financial reissued an "outperform" rating and set a $145.00 price target on shares of Dollar Tree in a report on Friday, August 28th. Wells Fargo & Company upped their price objective on Dollar Tree from $145.00 to $155.00 and gave the stock an "overweight" rating in a research report on Monday, August 17th. JPMorgan Chase & Co. raised their price objective on Dollar Tree from $160.00 to $170.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. Finally, Truist Financial lifted their target price on Dollar Tree from $136.00 to $138.00 and gave the company a "buy" rating in a research report on Tuesday, August 25th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $131.68.

About Dollar Tree

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, seasonal items, toys, health and personal-care products, and other general merchandise. Product assortments may include both nationally recognized brands and private-label goods.

The company traces its origins to discount retail operations established in the 1950s and adopted the Dollar Tree name in the early 1990s.

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