Cornerstone Advisors LLC Purchases Shares of 47,965 Dollar Tree, Inc. $DLTR

Cornerstone Advisors LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, HoldingsChannel reports. The fund purchased 47,965 shares of the company’s stock, valued at approximately $5,521,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. NewEdge Advisors LLC increased its position in Dollar Tree by 3,237.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after purchasing an additional 13,338 shares during the period. Woodline Partners LP raised its holdings in Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after purchasing an additional 4,941 shares during the last quarter. Focus Partners Wealth lifted its position in shares of Dollar Tree by 2.0% in the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after purchasing an additional 213 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dollar Tree in the 2nd quarter worth approximately $257,000. Finally, CW Advisors LLC bought a new stake in shares of Dollar Tree in the 2nd quarter valued at $264,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. BMO Capital Markets boosted their target price on shares of Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a report on Tuesday, August 11th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Benchmark started coverage on Dollar Tree in a research note on Wednesday, July 8th. They issued a “hold” rating on the stock. Finally, Guggenheim boosted their price objective on Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a research note on Friday, May 29th. Ten investment 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’s stock. Based on data from MarketBeat, Dollar Tree has an average rating of “Hold” and an average target price of $123.41.

Dollar Tree Stock Up 0.1%

Dollar Tree stock opened at $129.54 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The firm’s fifty day moving average is $122.51 and its 200 day moving average is $113.99. The company has a market capitalization of $24.89 billion, a PE ratio of 20.24, a PEG ratio of 1.48 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.21. The business 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%. Dollar Tree’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the firm earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts predict that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree announced that its Board of Directors has approved a stock buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally an indication 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.