5,053 Shares in Dollar Tree, Inc. $DLTR Bought by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, Holdings Channel reports. The institutional investor acquired 5,053 shares of the company’s stock, valued at approximately $611,000.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. purchased a new position in Dollar Tree during the second quarter worth approximately $2,643,741,000. Pzena Investment Management LLC purchased a new position in shares of Dollar Tree in the second quarter worth about $1,176,661,000. Alliancebernstein L.P. boosted its holdings in shares of Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after purchasing an additional 2,393,172 shares during the last quarter. Norges Bank acquired a new stake in shares of Dollar Tree in the 4th quarter worth $260,858,000. Finally, AQR Capital Management LLC increased its position in Dollar Tree by 906.5% during the second quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock worth $124,973,000 after purchasing an additional 1,148,649 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Raymond James Financial raised Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective for the company in a research report on Wednesday, July 8th. Wells Fargo & Company upped their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a report on Monday, August 17th. UBS Group restated a “buy” rating on shares of Dollar Tree in a research note on Monday, August 17th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Finally, Morgan Stanley raised their price objective on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $123.41.

Dollar Tree Trading Up 4.0%

Dollar Tree stock opened at $136.75 on Tuesday. The stock has a 50-day moving average price of $124.40 and a 200 day moving average price of $114.47. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The stock has a market cap of $26.28 billion, a PE ratio of 21.37, a P/E/G ratio of 1.50 and a beta of 0.64. 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 (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts predict that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a share 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 buy up to 10.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its stock is 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.