Great Lakes Advisors LLC Makes New Investment in Dollar Tree, Inc. $DLTR

Great Lakes Advisors LLC purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, HoldingsChannel.com reports. The institutional investor purchased 67,402 shares of the company’s stock, valued at approximately $8,152,000.

Several other large investors also recently bought and sold shares of DLTR. Cullen Frost Bankers Inc. bought a new position in Dollar Tree during the 4th quarter valued at about $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree during the fourth quarter valued at approximately $25,000. Covestor Ltd lifted its position in Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares during the period. Basecamp Wealth Advisors LLC boosted its holdings 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 purchasing an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC grew its position in Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after purchasing an additional 117 shares during the period. 97.40% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. Truist Financial dropped their price objective on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Wells Fargo & Company increased their price target on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $123.41.

Dollar Tree Stock Performance

DLTR opened at $131.84 on Thursday. The firm has a market cap of $25.34 billion, a P/E ratio of 20.60, a PEG ratio of 1.49 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 50 day simple moving average of $123.31 and a two-hundred day simple moving average of $114.18. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last announced 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 firm had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company’s revenue was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has initiated a stock 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 stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is 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.