Equity Investment Corp Takes Position in Dollar Tree, Inc. $DLTR

Equity Investment Corp purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, HoldingsChannel reports. The fund purchased 882,256 shares of the company’s stock, valued at approximately $101,557,000. Dollar Tree comprises 1.9% of Equity Investment Corp’s investment portfolio, making the stock its 29th biggest position.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Cullen Frost Bankers Inc. acquired a new position in shares of Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Dollar Tree in the fourth quarter valued at approximately $25,000. Covestor Ltd raised its position 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 in the last quarter. Basecamp Wealth Advisors LLC boosted its stake in shares of Dollar Tree by 59.9% in the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC grew its position in Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after buying an additional 117 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Ratings Changes

DLTR has been the topic of a number of recent research reports. UBS Group restated a “buy” rating on shares of Dollar Tree in a research note on Monday. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Raymond James Financial raised Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target for the company in a research note on Wednesday, July 8th. Morgan Stanley upped their price objective on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Finally, Freedom Capital lowered shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $123.41.

Dollar Tree Price Performance

Dollar Tree stock opened at $130.48 on Wednesday. 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 52 week low of $84.71 and a 52 week high of $142.40. The stock has a market capitalization of $25.08 billion, a P/E ratio of 20.39, a price-to-earnings-growth ratio of 1.48 and a beta of 0.64. The stock has a fifty day moving average of $122.88 and a 200-day moving average of $114.07.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data 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 business 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. 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. On average, sell-side analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a stock repurchase plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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.