39,434 Shares in Dollar Tree, Inc. $DLTR Purchased by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTRFree Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 39,434 shares of the company’s stock, valued at approximately $4,770,000.

A number of other hedge funds have also recently added to or reduced their stakes in DLTR. Cullen Frost Bankers Inc. acquired a new stake in shares of Dollar Tree in the 4th quarter valued at approximately $25,000. Reflection Asset Management acquired a new position in Dollar Tree during the fourth quarter worth $25,000. Covestor Ltd grew its holdings in Dollar Tree by 60.9% during the fourth 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 raised its position in Dollar Tree by 59.9% in 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 in the last quarter. Finally, Wilkerson Advisory Group LLC raised its position in Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on DLTR. Freedom Capital downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Barclays downgraded shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Wall Street Zen cut shares of Dollar Tree from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Raymond James Financial upgraded shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 target price on the stock in a research report on Wednesday, July 8th. Ten 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’s stock. According to data from MarketBeat, Dollar Tree currently has an average rating of “Hold” and a consensus price target of $122.95.

Get Our Latest Stock Report on DLTR

Dollar Tree Trading Down 0.1%

Shares of Dollar Tree stock opened at $129.39 on Friday. 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 business has a 50 day moving average price of $122.07 and a 200 day moving average price of $114.02. The company has a market capitalization of $24.87 billion, a P/E ratio of 20.22, a P/E/G ratio of 1.48 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTRGet Free Report) last announced its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Sell-side analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

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

Dollar Tree Company Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTRFree Report).

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.