Pallas Capital Advisors LLC Invests $545,000 in Dollar Tree, Inc. $DLTR

Pallas Capital Advisors LLC acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 4,508 shares of the company’s stock, valued at approximately $545,000.

Other hedge funds have also recently bought and sold shares of the company. Deutsche Bank AG acquired a new position in Dollar Tree during the 2nd quarter valued at about $86,387,000. Perigon Wealth Management LLC acquired a new stake in shares of Dollar Tree in the second quarter valued at approximately $206,000. Trust Co. of Vermont acquired a new stake in shares of Dollar Tree in the second quarter valued at approximately $36,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Dollar Tree during the second quarter valued at approximately $54,015,000. Finally, OneDigital Investment Advisors LLC bought a new stake in shares of Dollar Tree during the second quarter valued at approximately $325,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $131.84 on Thursday. The company has a market capitalization of $25.34 billion, a PE ratio of 20.60, a price-to-earnings-growth 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. The stock has a fifty day moving average of $123.31 and a 200-day moving average of $114.18. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping 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 company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the previous year, the firm earned $1.26 earnings per share. Dollar Tree’s revenue for the quarter 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 approved a share repurchase plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a report on Thursday, June 4th. Wells Fargo & Company lifted their target price on Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research note on Monday. Benchmark assumed coverage on Dollar Tree in a research report on Wednesday, July 8th. They set a “hold” rating for the company. Sanford C. Bernstein increased their price target on Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a research note on Friday, July 31st. Finally, Raymond James Financial raised Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average 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.