Elevation Point Wealth Partners LLC Purchases Shares of 8,345 Dollar Tree, Inc. $DLTR

Elevation Point Wealth Partners LLC bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,345 shares of the company’s stock, valued at approximately $961,000.

A number of other institutional investors also recently made changes to their positions in DLTR. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree during the fourth quarter valued at about $25,000. Reflection Asset Management bought a new stake in shares of Dollar Tree in the 4th quarter valued at about $25,000. Covestor Ltd boosted its holdings in Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares during the period. Basecamp Wealth Advisors LLC grew its position in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC grew its position in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after acquiring an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Wall Street Analyst Weigh In

DLTR has been the subject of several recent research reports. Barclays downgraded Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday, July 8th. JPMorgan Chase & Co. lifted their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. UBS Group reaffirmed a “buy” rating on shares of Dollar Tree in a research note on Monday, August 17th. The Goldman Sachs Group cut shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. Finally, BNP Paribas Exane raised their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a report on Friday, May 29th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $123.41.

Dollar Tree Price Performance

DLTR opened at $136.75 on Tuesday. 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 $26.28 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. The stock’s 50 day moving average price is $124.40 and its 200-day moving average price is $114.47.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its Board of Directors has approved a stock repurchase plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback plans are usually 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.