8,345 Shares in Dollar Tree, Inc. $DLTR Purchased by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, HoldingsChannel.com reports. The fund purchased 8,345 shares of the company’s stock, valued at approximately $961,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new position in Dollar Tree during the fourth quarter valued at $25,000. Reflection Asset Management purchased a new stake in shares of Dollar Tree in the fourth quarter worth $25,000. Covestor Ltd increased its holdings in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC raised its position in shares of Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its position in shares of Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after purchasing an additional 117 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Up 4.0%

Shares of DLTR stock opened at $136.75 on Tuesday. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The stock has a market capitalization of $26.28 billion, a P/E ratio of 21.37, a P/E/G ratio of 1.50 and a beta of 0.64. The firm’s 50 day moving average is $124.40 and its 200 day moving average is $114.47.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating 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 for the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. Dollar Tree’s revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts expect that Dollar Tree, Inc. will post 7.02 earnings per share 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.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of analyst reports. Benchmark began coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They set a “hold” rating for the company. Truist Financial lowered their price objective on Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. BNP Paribas Exane increased their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research note on Friday, May 29th. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a report on Thursday, June 4th. Finally, Wells Fargo & Company upped their price target on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 17th. 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $123.41.

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.