Corient Private Wealth LP Invests $4.56 Million in Dollar Tree, Inc. $DLTR

Corient Private Wealth LP bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, HoldingsChannel reports. The institutional investor bought 39,651 shares of the company’s stock, valued at approximately $4,564,000.

Several other hedge funds also recently added to or reduced their stakes in DLTR. 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 2nd quarter valued at about $1,176,661,000. State Street Corp boosted its stake in shares of Dollar Tree by 3.5% in the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after buying an additional 319,938 shares during the last quarter. Primecap Management Co. CA purchased a new stake in shares of Dollar Tree in the second quarter worth about $455,845,000. Finally, Alliancebernstein L.P. grew its holdings in Dollar Tree by 176.9% during 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 during the period. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on DLTR. Truist Financial lifted their price target on Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday, August 25th. Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Weiss Ratings raised shares of Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday. Benchmark initiated coverage on shares of Dollar Tree in a report on Wednesday, July 8th. They set a “hold” rating for the company. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $130.36.

Dollar Tree Price Performance

Shares of Dollar Tree stock opened at $126.59 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The business has a 50-day moving average price of $126.29 and a 200 day moving average price of $114.74. The firm has a market cap of $23.75 billion, a PE ratio of 15.46, a P/E/G ratio of 1.32 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. The company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.Dollar Tree’s quarterly revenue was up 7.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.77 EPS. 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. Sell-side analysts predict that Dollar Tree, Inc. will post 7.13 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has initiated a share repurchase plan 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 stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

About Dollar Tree

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.