5,207 Shares in Dollar Tree, Inc. $DLTR Acquired by Perigon Wealth Management LLC

Perigon Wealth Management LLC bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 5,207 shares of the company’s stock, valued at approximately $599,000.

Other hedge funds also recently bought and sold shares of the company. State Street Corp raised its holdings in shares of Dollar Tree by 3.5% in the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after acquiring an additional 319,938 shares during the last quarter. Alliancebernstein L.P. increased its position in Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. Invesco Ltd. raised its stake in Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock valued at $334,501,000 after purchasing an additional 39,506 shares during the last quarter. Norges Bank acquired a new position in Dollar Tree in the 4th quarter valued at about $260,858,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Dollar Tree by 4.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

Dollar Tree stock opened at $131.84 on Thursday. The company has a market cap of $25.34 billion, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 1.49 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 debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The stock’s 50-day moving average is $123.31 and its 200-day moving average is $114.18.

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 analysts’ consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts anticipate that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has approved a share buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows 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 management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DLTR shares. Wall Street Zen cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Wells Fargo & Company boosted 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. Morgan Stanley upped their price objective on shares of Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Truist Financial decreased their target price on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Sanford C. Bernstein lifted their target price on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a research note on Friday, July 31st. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus 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.