Dollar Tree (NASDAQ:DLTR) Upgraded to Hold at The Goldman Sachs Group

Dollar Tree (NASDAQ:DLTR) was upgraded by research analysts at The Goldman Sachs Group from a “neutral” rating to a “hold” rating in a research report issued to clients and investors on Wednesday, MarketBeat reports. The firm currently has a $125.00 target price on the stock, up from their previous target price of $105.00. The Goldman Sachs Group’s price target would indicate a potential upside of 1.84% from the company’s previous close.

A number of other research analysts have also recently commented on DLTR. Barclays decreased their price target on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 26th. JPMorgan Chase & Co. increased their target price on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday. Wall Street Zen raised Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Telsey Advisory Group reiterated an “outperform” rating and set a $150.00 price target on shares of Dollar Tree in a research note on Tuesday, March 17th. Finally, Raymond James Financial raised shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a research report on Wednesday. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $122.68.

Dollar Tree Trading Down 0.7%

Shares of NASDAQ:DLTR traded down $0.87 during midday trading on Wednesday, reaching $122.74. 184,395 shares of the company’s stock were exchanged, compared to its average volume of 3,488,107. The stock has a market cap of $23.59 billion, a price-to-earnings ratio of 19.18, a P/E/G ratio of 1.40 and a beta of 0.65. Dollar Tree has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The firm’s 50 day simple moving average is $106.61 and its two-hundred day simple moving average is $114.49. 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 posted 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 company had revenue of $4.98 billion for 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% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts forecast that Dollar Tree will post 7 EPS for the current fiscal year.

Dollar Tree declared that its board has approved a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Institutional Trading of Dollar Tree

Several institutional investors have recently modified their holdings of DLTR. Cetera Investment Advisers boosted its stake 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 worth $2,635,000 after buying an additional 79 shares during the period. Optimize Financial Inc lifted its position in Dollar Tree by 1.4% during the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock worth $738,000 after acquiring an additional 84 shares during the period. Covestor Ltd increased its holdings in shares of Dollar Tree by 60.9% in 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. Root Financial Partners LLC raised its stake in shares of Dollar Tree by 27.6% during the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock worth $48,000 after purchasing an additional 85 shares during 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 valued at $149,000 after buying an additional 86 shares during the period. Hedge funds and other institutional investors own 97.40% of the company’s stock.

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.