Paralel Advisors LLC Invests $2.24 Million in Dollar Tree, Inc. $DLTR

Paralel Advisors LLC purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 19,454 shares of the company’s stock, valued at approximately $2,239,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthfront Advisers LLC raised its position in Dollar Tree by 13.7% during the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after buying an additional 9,288 shares during the last quarter. Hanseatic Management Services Inc. acquired a new stake in shares of Dollar Tree in the 1st quarter worth $950,000. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Dollar Tree by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after acquiring an additional 81,695 shares in the last quarter. Capital International Inc. CA boosted its holdings in shares of Dollar Tree by 1,920.0% in the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock valued at $14,283,000 after acquiring an additional 110,361 shares in the last quarter. Finally, Hsbc Holdings PLC increased its stake in shares of Dollar Tree by 10.4% during the first quarter. Hsbc Holdings PLC now owns 646,333 shares of the company’s stock worth $70,363,000 after acquiring an additional 60,955 shares during the period. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

DLTR opened at $128.45 on Friday. The stock has a market cap of $24.69 billion, a P/E ratio of 20.07, a P/E/G ratio of 1.50 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The stock’s 50 day simple moving average is $123.58 and its 200 day simple moving average is $114.25. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40.

Dollar Tree (NASDAQ:DLTRGet Free Report) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating 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 quarter in the prior year, the company earned $1.26 earnings per share. Dollar Tree’s 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. As a group, equities analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of brokerages recently commented on DLTR. Raymond James Financial upgraded shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective for the company in a research report on Wednesday, July 8th. UBS Group reissued a “buy” rating on shares of Dollar Tree in a research note on Monday. Sanford C. Bernstein raised their target price on Dollar Tree from $124.00 to $127.00 and gave the company a “market perform” rating in a report on Friday, July 31st. JPMorgan Chase & Co. boosted their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Finally, BNP Paribas Exane boosted their target price on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research report on Friday, May 29th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat, Dollar Tree presently has an average rating of “Hold” and an average target price of $123.41.

View Our Latest Report on DLTR

About Dollar Tree

(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 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.

Read More

Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTRFree Report).

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

Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.