Evolve Private Wealth LLC Buys Shares of 35,660 Dollar Tree, Inc. $DLTR

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

Several other institutional investors also recently modified their holdings of DLTR. Westpac Banking Corp acquired a new stake in Dollar Tree in the second quarter worth $6,365,000. Sumitomo Life Insurance Co. bought a new stake in shares of Dollar Tree in the 2nd quarter valued at $361,000. Harber Asset Management LLC bought a new stake in shares of Dollar Tree in the 2nd quarter valued at $4,196,000. Landscape Capital Management L.L.C. acquired a new stake in Dollar Tree during the 2nd quarter worth $2,763,000. Finally, Korea Investment CORP acquired a new stake in Dollar Tree during the 2nd quarter worth $15,573,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. BMO Capital Markets raised their price target on Dollar Tree from $90.00 to $98.00 and gave the stock an “underperform” rating in a research report on Tuesday, August 11th. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday. Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research report on Thursday, June 4th. Finally, Guggenheim increased their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Dollar Tree currently has a consensus rating of “Hold” and an average price target of $123.41.

Dollar Tree Stock Performance

DLTR opened at $131.48 on Friday. The business’s 50-day moving average price is $123.93 and its two-hundred day moving average price is $114.37. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The company has a market capitalization of $25.27 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 1.50 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly 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 for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts expect that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.

Dollar Tree declared that its board has authorized a share repurchase program on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership 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.