Wealthfront Advisers LLC Invests $8.05 Million in Dollar Tree, Inc. $DLTR

Wealthfront Advisers LLC purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 69,904 shares of the company’s stock, valued at approximately $8,047,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of DLTR. Cullen Frost Bankers Inc. acquired a new position in Dollar Tree in the 4th quarter valued at $25,000. Reflection Asset Management acquired a new stake in shares of Dollar Tree in the 4th quarter worth $25,000. Covestor Ltd lifted its stake in shares of Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after acquiring an additional 84 shares during the period. Basecamp Wealth Advisors LLC boosted its holdings in shares of Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after acquiring an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC boosted its holdings in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after acquiring an additional 117 shares in the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price objective on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Piper Sandler lowered their price objective on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Guggenheim boosted their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Sanford C. Bernstein increased their target price on 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 equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $123.41.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $131.84 on Thursday. 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 fifty-two week low of $84.71 and a fifty-two week high of $142.40. The stock has a market cap of $25.34 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 1.49 and a beta of 0.64. The firm’s fifty day simple moving average is $123.31 and its 200-day simple moving average is $114.18.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter last year, the firm posted $1.26 EPS. The business’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. Analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

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

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.