Bellwether Advisors LLC Has $1.59 Million Stock Position in Dollar Tree, Inc. $DLTR

Bellwether Advisors LLC reduced its position in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) by 35.8% in the 1st quarter, HoldingsChannel.com reports. The firm owned 14,557 shares of the company’s stock after selling 8,104 shares during the quarter. Bellwether Advisors LLC’s holdings in Dollar Tree were worth $1,594,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in DLTR. Cullen Frost Bankers Inc. acquired a new stake in shares of Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management bought a new stake in shares of Dollar Tree during the fourth quarter worth approximately $25,000. Covestor Ltd lifted its holdings in 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 buying an additional 84 shares during the period. YANKCOM Partnership acquired a new position in Dollar Tree in the fourth quarter valued at approximately $31,000. Finally, Wilkerson Advisory Group LLC grew its holdings in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Down 0.5%

Shares of NASDAQ:DLTR opened at $125.74 on Wednesday. The company has a 50 day moving average price of $112.19 and a two-hundred day moving average price of $114.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The company has a market capitalization of $24.16 billion, a PE ratio of 19.65, a PEG ratio of 1.44 and a beta of 0.65. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40.

Dollar Tree (NASDAQ:DLTRGet Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the firm posted $1.26 earnings per share. The business’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. Analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its board has initiated a share repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on DLTR shares. Truist Financial cut their price target on Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. UBS Group reaffirmed a “buy” rating on shares of Dollar Tree in a research note on Friday, July 10th. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Finally, Morgan Stanley raised their target price on Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $122.68.

View Our Latest Analysis on Dollar Tree

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 dĂ©cor, 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.

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

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