Sanctuary Advisors LLC purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 2nd quarter, Holdings Channel reports. The institutional investor purchased 24,492 shares of the company’s stock, valued at approximately $2,819,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Dollar Tree in the second quarter worth about $1,690,000. Meiji Yasuda Asset Management Co Ltd. bought a new position in shares of Dollar Tree during the 2nd quarter valued at approximately $267,000. Magellan Asset Management Ltd bought a new position in shares of Dollar Tree during the 2nd quarter valued at approximately $45,833,000. Kiltearn Partners LLP purchased a new stake in Dollar Tree in the 2nd quarter worth approximately $31,546,000. Finally, Bank of Nova Scotia purchased a new stake in Dollar Tree in the 2nd quarter worth approximately $1,801,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.
Analyst Ratings Changes
A number of research firms have commented on DLTR. Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating 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 stock an “underperform” rating in a research note on Tuesday, August 11th. Sanford C. Bernstein raised their price objective on shares of Dollar Tree from $124.00 to $127.00 and gave the company a “market perform” rating in a research report on Friday, July 31st. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Guggenheim upped their target price on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $125.27.
Dollar Tree Trading Down 1.7%
DLTR stock opened at $134.48 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The business has a 50 day simple moving average of $124.88 and a two-hundred day simple moving average of $114.56. The company has a market capitalization of $25.84 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.56 and a beta of 0.64.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter last year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts anticipate that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.
Dollar Tree announced that its Board of Directors has approved a stock repurchase program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.
Key Headlines Impacting Dollar Tree
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 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.
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