Vise Technologies Inc. Takes $741,000 Position in Dollar Tree, Inc. $DLTR

Vise Technologies Inc. bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, Holdings Channel reports. The fund bought 6,441 shares of the company’s stock, valued at approximately $741,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. purchased a new position in Dollar Tree during the 2nd quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC purchased a new stake in shares of Dollar Tree during the 2nd quarter worth approximately $1,176,661,000. State Street Corp raised its holdings in shares of Dollar Tree by 3.5% during the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after acquiring an additional 319,938 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after acquiring an additional 2,393,172 shares in the last quarter. Finally, Invesco Ltd. boosted its position in shares of Dollar Tree by 1.5% during the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock valued at $334,501,000 after acquiring an additional 39,506 shares during the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a report on Thursday, June 4th. Piper Sandler decreased their price target on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Wells Fargo & Company increased their price objective on shares of Dollar Tree from $145.00 to $155.00 and gave the company an “overweight” rating in a research report on Monday, August 17th. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a report on Thursday, June 4th. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $123.41.

Dollar Tree Price Performance

Shares of Dollar Tree stock opened at $131.48 on Monday. The stock has a market cap of $25.27 billion, a price-to-earnings ratio of 20.54, a price-to-earnings-growth ratio of 1.50 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 50 day moving average price of $123.93 and a 200-day moving average price of $114.35. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results 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 company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the firm posted $1.26 EPS. Dollar Tree’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. Equities analysts expect that Dollar Tree, Inc. will post 7.02 EPS for the current year.

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

Dollar Tree Company 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.