Evolve Private Wealth LLC Takes $4.11 Million Position in Dollar Tree, Inc. $DLTR

Evolve Private Wealth LLC bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 35,660 shares of the company’s stock, valued at approximately $4,105,000.

A number of other large investors have also bought and sold shares of the business. Cullen Frost Bankers Inc. acquired a new position in Dollar Tree in the fourth quarter worth $25,000. Reflection Asset Management bought a new stake in shares of Dollar Tree during the fourth quarter worth $25,000. Covestor Ltd increased its stake in shares of Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC increased its stake in shares of Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC raised its holdings in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Price Performance

Shares of DLTR stock opened at $131.48 on Friday. The firm has a market cap of $25.27 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 1.50 and a beta of 0.64. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The stock has a 50-day moving average price of $123.93 and a 200 day moving average price of $114.37.

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 the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts expect that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its board has authorized a share buyback plan 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 shares through open market purchases. Shares repurchase plans are often an indication that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Wells Fargo & Company raised their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. BNP Paribas Exane boosted their target price on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Benchmark initiated coverage on shares of Dollar Tree in a research report on Wednesday, July 8th. They set a “hold” rating on the stock. Finally, Raymond James Financial raised shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a research note on Wednesday, July 8th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $123.41.

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.