Commerce Bank Makes New Investment in Dollar Tree, Inc. $DLTR

Commerce Bank bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 5,994 shares of the company’s stock, valued at approximately $690,000.

A number of other institutional investors have also modified their holdings of DLTR. Cetera Investment Advisers raised its stake in shares of Dollar Tree by 0.4% during the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after purchasing an additional 79 shares during the last quarter. Optimize Financial Inc grew its position in Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after buying an additional 84 shares during the last quarter. 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. Root Financial Partners LLC increased its stake in Dollar Tree by 27.6% in the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after buying an additional 85 shares during the period. Finally, Deseret Mutual Benefit Administrators increased its stake in Dollar Tree by 7.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock valued at $149,000 after buying an additional 86 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on DLTR shares. The Goldman Sachs Group cut shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 8th. Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Barclays cut shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Guggenheim raised their price objective on shares of Dollar Tree from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, UBS Group reaffirmed a “buy” rating on shares of Dollar Tree in a report on Monday, August 17th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $125.27.

Dollar Tree Stock Down 1.7%

Shares of NASDAQ DLTR opened at $132.18 on Thursday. The stock has a market capitalization of $25.40 billion, a price-to-earnings ratio of 20.65, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The firm has a 50-day moving average price of $125.40 and a 200 day moving average price of $114.65. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate 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 period in the prior year, the business posted $1.26 earnings per share. The firm’s revenue for the quarter was up 7.2% compared to the same quarter last year. Equities research analysts anticipate that Dollar Tree, Inc. will post 7.02 EPS for the current fiscal year.

Dollar Tree announced that its board has authorized a share repurchase program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Key Stories Impacting Dollar Tree

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 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.