Meeder Advisory Services Inc. Makes New $892,000 Investment in Dollar Tree, Inc. $DLTR

Meeder Advisory Services Inc. acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,752 shares of the company’s stock, valued at approximately $892,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new position in shares of Dollar Tree during the second quarter worth approximately $2,643,741,000. Pzena Investment Management LLC bought a new stake in Dollar Tree in the 2nd quarter valued at $1,176,661,000. Alliancebernstein L.P. grew its holdings in Dollar Tree by 176.9% in the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after buying an additional 2,393,172 shares in the last quarter. Norges Bank acquired a new position in Dollar Tree in the 4th quarter valued at $260,858,000. Finally, AQR Capital Management LLC increased its position in Dollar Tree by 906.5% during the 2nd quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock worth $124,973,000 after buying an additional 1,148,649 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $131.84 on Thursday. The stock has a fifty day moving average price of $123.31 and a 200-day moving average price of $114.18. The company has a market cap of $25.34 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 1.49 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, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the prior year, the firm posted $1.26 EPS. Dollar Tree’s quarterly revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities analysts anticipate that Dollar Tree, Inc. 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 permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Piper Sandler dropped their target price on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Bank of America restated an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday, July 8th. Wells Fargo & Company lifted their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Ten equities research 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.com, Dollar Tree presently has an average rating of “Hold” and a consensus target price of $123.41.

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.