Wealthfront Advisers LLC Raises Stake in Dollar Tree, Inc. $DLTR

Wealthfront Advisers LLC raised its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 13.7% during the first quarter, HoldingsChannel reports. The firm owned 76,985 shares of the company’s stock after buying an additional 9,288 shares during the period. Wealthfront Advisers LLC’s holdings in Dollar Tree were worth $8,431,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cullen Frost Bankers Inc. purchased a new stake in shares of Dollar Tree during the fourth quarter worth approximately $25,000. Reflection Asset Management purchased a new position in Dollar Tree in the 4th quarter valued at $25,000. Covestor Ltd grew its position in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the last quarter. YANKCOM Partnership acquired a new position in Dollar Tree in the 4th quarter valued at $31,000. Finally, DV Equities LLC acquired a new position in Dollar Tree in the 4th quarter valued at $32,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. JPMorgan Chase & Co. upped their price objective on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Barclays downgraded shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Freedom Capital lowered shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Piper Sandler reduced their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $122.68.

Dollar Tree Trading Down 2.0%

NASDAQ:DLTR opened at $125.94 on Friday. The stock has a fifty day moving average price of $110.73 and a two-hundred day moving average price of $114.68. The stock has a market capitalization of $24.20 billion, a price-to-earnings ratio of 19.68, a PEG ratio of 1.47 and a beta of 0.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company 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 anticipate that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a share repurchase program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s management believes its shares are 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.