Parallax Volatility Advisers L.P. Purchases Shares of 7,652 Dollar Tree, Inc. $DLTR

Parallax Volatility Advisers L.P. acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 7,652 shares of the company’s stock, valued at approximately $881,000.

A number of other large investors also recently modified their holdings of the company. Cullen Frost Bankers Inc. bought a new stake in Dollar Tree during the fourth quarter valued at about $25,000. Reflection Asset Management purchased a new stake in Dollar Tree during the 4th quarter valued at approximately $25,000. Covestor Ltd raised its position in shares of Dollar Tree by 60.9% during the fourth 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. Basecamp Wealth Advisors LLC boosted its position in shares of Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares during the last quarter. Finally, EFG International AG purchased a new position in Dollar Tree during the second quarter valued at $30,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Key Dollar Tree News

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

Dollar Tree Stock Performance

NASDAQ DLTR opened at $132.18 on Thursday. The business’s 50 day moving average price is $125.40 and its 200-day moving average price is $114.65. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The company has a market cap of $25.40 billion, a P/E ratio of 20.65, a P/E/G ratio of 1.53 and a beta of 0.64. 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 (NASDAQ:DLTR) last posted its quarterly earnings data 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 business had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same quarter in the previous year, the business posted $1.26 earnings per share. The business’s revenue was up 7.2% compared to the same quarter last year. Sell-side analysts predict that Dollar Tree, Inc. will post 7.02 earnings per share for the current year.

Dollar Tree announced that its Board of Directors has initiated a share buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research firms have commented on DLTR. Truist Financial increased their price objective on shares of Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a report on Tuesday. Barclays lowered Dollar Tree from an “overweight” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Weiss Ratings raised Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. JPMorgan Chase & Co. upped their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Ten investment 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, the stock presently has a consensus rating of “Hold” and an average price target of $125.27.

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.