GSA Capital Partners LLP Buys New Position in Dollar Tree, Inc. $DLTR

GSA Capital Partners LLP bought a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, Holdings Channel.com reports. The fund bought 4,231 shares of the company’s stock, valued at approximately $487,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLTR. State Street Corp increased its position in shares of Dollar Tree by 3.5% during the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after buying an additional 319,938 shares during the period. Alliancebernstein L.P. grew its holdings in Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after purchasing an additional 2,393,172 shares during the period. Invesco Ltd. increased its stake in Dollar Tree by 1.5% in the fourth quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock valued at $334,501,000 after purchasing an additional 39,506 shares in the last quarter. Norges Bank acquired a new position in shares of Dollar Tree during the fourth quarter valued at about $260,858,000. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on DLTR shares. The Goldman Sachs Group downgraded Dollar Tree from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 8th. Barclays cut shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. BNP Paribas Exane raised their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research report on Friday, May 29th. Finally, Gordon Haskett upgraded shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price on the stock in a research note on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $123.41.

Dollar Tree Trading Up 2.4%

Shares of Dollar Tree stock opened at $131.48 on Friday. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The company has a market cap of $25.27 billion, a price-to-earnings ratio of 20.54, a PEG ratio of 1.47 and a beta of 0.64. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The company’s 50-day moving average price is $123.93 and its 200-day moving average price is $114.37.

Dollar Tree (NASDAQ:DLTR) last issued 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 company had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree declared that its board has authorized a stock repurchase program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board believes its stock is undervalued.

Dollar Tree 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.