Cornerstone Advisors LLC Takes $5.52 Million Position in Dollar Tree, Inc. $DLTR

Cornerstone Advisors LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 47,965 shares of the company’s stock, valued at approximately $5,521,000.

A number of other hedge funds have also bought and sold shares of the business. Cetera Investment Advisers grew its position in shares of Dollar Tree by 0.4% during the 4th quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after purchasing an additional 79 shares in the last quarter. Optimize Financial Inc raised its position in shares of Dollar Tree by 1.4% in 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 in the last quarter. Covestor Ltd boosted its stake 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 buying an additional 84 shares during the period. Root Financial Partners LLC grew its position in 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 buying an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators increased its stake in Dollar Tree by 7.7% during 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 period. 97.40% of the stock is owned by institutional investors.

Dollar Tree Trading Up 0.1%

Shares of DLTR stock opened at $129.54 on Tuesday. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The stock’s fifty day simple moving average is $122.51 and its 200 day simple moving average is $113.99. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $24.89 billion, a P/E ratio of 20.24, a P/E/G ratio of 1.48 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly 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. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period last year, the firm posted $1.26 earnings per share. The business’s revenue for the quarter 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, sell-side analysts predict that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has approved a share repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have recently weighed in on DLTR shares. BMO Capital Markets upped their target price on Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a research report on Tuesday, August 11th. JPMorgan Chase & Co. upped their price objective 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. Barclays lowered shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Sanford C. Bernstein upped their price target on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a report on Friday, July 31st. Finally, The Goldman Sachs Group cut shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $123.41.

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.