NFJ Investment Group LLC Invests $16.82 Million in Dollar Tree, Inc. $DLTR

NFJ Investment Group LLC acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 146,081 shares of the company’s stock, valued at approximately $16,815,000.

Several other hedge funds have also modified their holdings of DLTR. Cullen Frost Bankers Inc. purchased a new stake in Dollar Tree during the 4th quarter worth about $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Covestor Ltd boosted its stake in shares of Dollar Tree by 60.9% in the 4th 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. Basecamp Wealth Advisors LLC grew its position in shares of Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after buying an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC grew its position in shares of 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. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of DLTR opened at $128.45 on Friday. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. 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 stock has a 50 day moving average price of $123.58 and a 200 day moving average price of $114.25.

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, topping analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts predict that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree declared that its board has initiated a stock repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages recently weighed in on DLTR. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Sanford C. Bernstein boosted 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. JPMorgan Chase & Co. increased their price objective on shares of Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Finally, Raymond James Financial upgraded shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 target price for the company in a research note on Wednesday, July 8th. Ten investment 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. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $123.41.

Dollar Tree Profile

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.