Ieq Capital LLC Buys New Position in Dollar Tree, Inc. $DLTR

Ieq Capital LLC bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, HoldingsChannel.com reports. The fund bought 80,847 shares of the company’s stock, valued at approximately $9,778,000.

Several other hedge funds also recently modified their holdings of DLTR. NewEdge Advisors LLC grew its holdings in shares of Dollar Tree by 3,237.4% during the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock worth $1,032,000 after buying an additional 13,338 shares in the last quarter. Woodline Partners LP lifted its stake in shares of Dollar Tree by 40.7% during the first quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock valued at $1,282,000 after buying an additional 4,941 shares during the period. Focus Partners Wealth lifted its stake in shares of Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock valued at $799,000 after buying an additional 213 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dollar Tree during the second quarter worth approximately $257,000. Finally, CW Advisors LLC acquired a new stake in Dollar Tree during the second quarter worth approximately $264,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

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

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business earned $1.26 EPS. Dollar Tree’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Sell-side analysts anticipate that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

Analyst Ratings Changes

Several research analysts have weighed in on DLTR shares. Freedom Capital downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. The Goldman Sachs Group cut Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Truist Financial lowered their price objective on Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research report on Wednesday, May 27th. JPMorgan Chase & Co. upped their target price on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Finally, BNP Paribas Exane increased their target price on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research report on Friday, May 29th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and an average target price of $123.41.

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.