Wealthfront Advisers LLC Acquires Shares of 23,196 Dollar Tree, Inc. $DLTR

Wealthfront Advisers LLC acquired a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 23,196 shares of the company’s stock, valued at approximately $2,806,000.

Other hedge funds have also bought and sold shares of the company. Cetera Investment Advisers grew its position in shares of Dollar Tree by 0.4% during the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock valued at $2,635,000 after purchasing an additional 79 shares in the last quarter. Optimize Financial Inc boosted its stake in Dollar Tree by 1.4% during the fourth quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after buying an additional 84 shares during the last quarter. Covestor Ltd grew its holdings in Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares in the last quarter. Root Financial Partners LLC grew its holdings in Dollar Tree by 27.6% during the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after buying an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators increased its stake in Dollar Tree by 7.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after acquiring an additional 86 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

DLTR has been the topic of several recent research reports. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Sanford C. Bernstein boosted their price target on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. The Goldman Sachs Group downgraded shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 8th. Wells Fargo & Company increased their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Guggenheim lifted their price objective on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, Dollar Tree has a consensus rating of “Hold” and an average target price of $123.41.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $128.45 on Friday. The stock’s fifty day moving average is $123.58 and its 200 day moving average is $114.25. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The firm has a market capitalization of $24.69 billion, a PE ratio of 20.07, a PEG ratio of 1.50 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. Dollar Tree’s quarterly 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. On average, sell-side analysts anticipate that Dollar Tree, Inc. will post 7 earnings per share for the current year.

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