SteelPeak Wealth LLC Purchases New Position in Dollar Tree, Inc. $DLTR

SteelPeak Wealth LLC purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,229 shares of the company’s stock, valued at approximately $463,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Cullen Frost Bankers Inc. acquired a new position in shares of Dollar Tree in the 4th quarter valued at $25,000. Reflection Asset Management acquired a new stake in Dollar Tree during the 4th quarter worth $25,000. Covestor Ltd raised its stake in Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after acquiring an additional 84 shares in the last quarter. YANKCOM Partnership purchased a new stake in Dollar Tree in the fourth quarter valued at $31,000. Finally, DV Equities LLC purchased a new stake in Dollar Tree in the fourth quarter valued at $32,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have issued reports on DLTR shares. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft boosted their target price on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. JPMorgan Chase & Co. raised their price target on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Guggenheim lifted their price target on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $122.68.

Dollar Tree Trading Down 2.0%

NASDAQ DLTR opened at $125.94 on Friday. The firm’s fifty day moving average is $110.73 and its two-hundred day moving average is $114.68. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. 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 firm has a market cap of $24.20 billion, a PE ratio of 19.68, a P/E/G ratio of 1.44 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the prior year, the firm earned $1.26 earnings per share. The business’s quarterly 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. Analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock 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 purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are often 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.