56,549 Shares in Dollar Tree, Inc. $DLTR Acquired by Wedge Capital Management L L P NC

Wedge Capital Management L L P NC acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, Holdings Channel.com reports. The firm acquired 56,549 shares of the company’s stock, valued at approximately $6,840,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Wealthfront Advisers LLC grew its holdings in shares of Dollar Tree by 13.7% during the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock valued at $8,431,000 after acquiring an additional 9,288 shares in the last quarter. Hanseatic Management Services Inc. purchased a new stake in shares of Dollar Tree during the first quarter worth $950,000. Arrowstreet Capital Limited Partnership boosted its position in Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares during the last quarter. Capital International Inc. CA boosted its position in Dollar Tree by 1,920.0% during the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock valued at $14,283,000 after purchasing an additional 110,361 shares during the last quarter. Finally, Hsbc Holdings PLC grew its stake in Dollar Tree by 10.4% in the first quarter. Hsbc Holdings PLC now owns 646,333 shares of the company’s stock valued at $70,363,000 after purchasing an additional 60,955 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on DLTR. Morgan Stanley raised their price target on Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Truist Financial lowered their price target on Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. UBS Group restated a “buy” rating on shares of Dollar Tree in a report on Friday, July 10th. Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday, July 8th. Finally, Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $122.95.

Dollar Tree Price Performance

NASDAQ DLTR opened at $128.61 on Thursday. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The company has a fifty day simple moving average of $121.26 and a 200 day simple moving average of $113.91. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The company has a market cap of $24.72 billion, a P/E ratio of 20.10, a P/E/G ratio of 1.46 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 EPS 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 the consensus estimate 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 last year, the firm posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, sell-side analysts predict that Dollar Tree, Inc. will post 7 EPS for the current year.

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

Dollar Tree Company 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.