PenderFund Capital Management Ltd. Takes Position in Dollar Tree, Inc. $DLTR

PenderFund Capital Management Ltd. purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, Holdings Channel.com reports. The institutional investor purchased 18,634 shares of the company’s stock, valued at approximately $2,254,000.

A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. acquired a new stake in Dollar Tree during the 2nd quarter worth about $2,643,741,000. Pzena Investment Management LLC acquired a new position in shares of Dollar Tree in the second quarter worth about $1,176,661,000. Primecap Management Co. CA acquired a new position in shares of Dollar Tree in the second quarter worth about $455,845,000. Bank of America Corp DE purchased a new position in shares of Dollar Tree in the second quarter worth approximately $385,350,000. Finally, Alliancebernstein L.P. increased its position in shares of Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after acquiring an additional 2,393,172 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Key Dollar Tree News

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

• Positive Sentiment: Strong second-quarter results: Fiscal Q2 revenue increased 7% year over year to approximately $4.9 billion, surpassing estimates, while adjusted EPS reached $2.70 versus the $1.15 consensus. Comparable-store sales rose 3.7%, supported by a 0.4% increase in traffic and a 3.3% increase in average ticket. Dollar Tree Reports Strong Second Quarter Results
• Positive Sentiment: Full-year outlook raised: Dollar Tree increased fiscal 2026 adjusted EPS guidance to $7.70–$8.05 from $6.70–$7.10 and projected revenue of $20.5 billion–$20.7 billion. Margin gains from improved markups, lower freight costs and reduced shrinkage also supported the quarter. Dollar Tree Lifts Earnings Outlook
• Neutral Sentiment: Broadening customer base: Dollar Tree said it continues to attract middle- and higher-income shoppers seeking value amid inflation and elevated household costs. Higher gas prices may further support discount-store demand, although they can also pressure consumer budgets. Dollar Tree Attracts Higher-Income Customers
• Negative Sentiment: Weak third-quarter forecast overshadowed the beat: Management projected Q3 EPS of $0.80–$0.95, well below analysts’ $1.40 consensus, despite expected revenue of $5.0 billion–$5.1 billion. Investors also cited tariff-related reinvestment costs and higher fuel prices as threats to margins. Dollar Tree Discusses Fuel Price Headwinds

Dollar Tree Price Performance

Shares of DLTR opened at $127.00 on Friday. The business’s 50-day moving average is $125.70 and its 200-day moving average is $114.67. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company has a market capitalization of $24.41 billion, a price-to-earnings ratio of 19.84, a P/E/G ratio of 1.51 and a beta of 0.64. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $1.15 by $1.55. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period last year, the company posted $0.77 earnings per share. The firm’s quarterly revenue 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. Equities research analysts expect that Dollar Tree, Inc. will post 6.99 EPS for the current fiscal year.

Dollar Tree declared that its board has approved a stock repurchase plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on DLTR shares. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Piper Sandler lowered their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Freedom Capital downgraded shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. UBS Group reissued a “buy” rating on shares of Dollar Tree in a research note on Monday, August 17th. Finally, BMO Capital Markets increased their target price on Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a report on Tuesday, August 11th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given 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 $125.27.

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.