Stoneridge Investment Partners LLC Buys New Shares in Dollar Tree, Inc. $DLTR

Stoneridge Investment Partners 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 (SEC). The fund bought 6,161 shares of the company’s stock, valued at approximately $784,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. NewEdge Advisors LLC boosted its position in Dollar Tree by 3,237.4% during the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after purchasing an additional 13,338 shares during the last quarter. Woodline Partners LP increased its position in shares of Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after purchasing an additional 4,941 shares during the last quarter. Focus Partners Wealth increased its position in shares of Dollar Tree by 2.0% during the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after purchasing an additional 213 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dollar Tree during the 2nd quarter worth approximately $257,000. Finally, CW Advisors LLC bought a new stake in shares of Dollar Tree during the 2nd quarter worth approximately $264,000. Institutional investors own 97.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on DLTR shares. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research note on Thursday, June 4th. BMO Capital Markets upped their price target on shares of Dollar Tree from $90.00 to $98.00 and gave the stock an “underperform” rating in a research report on Tuesday. Truist Financial cut their price target on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Piper Sandler decreased their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Finally, Morgan Stanley boosted their price objective on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $122.95.

Dollar Tree Stock Performance

DLTR opened at $129.39 on Friday. 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, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The business has a 50 day moving average of $122.07 and a 200-day moving average of $114.02. The stock has a market cap of $24.87 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 1.48 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The business had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the previous year, the firm earned $1.26 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its board has approved a stock buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board of directors believes its shares are undervalued.

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.