Jupiter Topco LLC Acquires New Shares in Dollar Tree, Inc. $DLTR

Jupiter Topco LLC acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, Holdings Channel reports. The firm acquired 1,306,484 shares of the company’s stock, valued at approximately $158,020,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. purchased a new stake in Dollar Tree in the fourth quarter valued at $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree during the 4th quarter worth $25,000. Covestor Ltd increased its position in shares of Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC increased its position in shares of Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC raised its holdings in Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Trending Headlines about 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

Wall Street Analyst Weigh In

A number of research firms have commented on DLTR. Truist Financial upped their target price on shares of Dollar Tree from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Tuesday. Barclays lowered shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research report on Thursday, June 4th. Benchmark started coverage on Dollar Tree in a research report on Wednesday, July 8th. They issued a “hold” rating on the stock. Finally, Freedom Capital cut Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company 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 firm has a market capitalization of $25.40 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 1.53 and a beta of 0.64. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year 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 firm’s 50-day moving average is $125.40 and its two-hundred day moving average is $114.65.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.53 by $0.21. The business had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.26 earnings per share. Analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its Board of Directors has approved a stock buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is 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.