Dollar Tree (NASDAQ:DLTR) Cut to Hold at Wall Street Zen

Wall Street Zen lowered shares of Dollar Tree (NASDAQ:DLTR) from a buy rating to a hold rating in a report published on Saturday.

Several other analysts also recently commented on the company. Guggenheim raised their price objective on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research note on Thursday, June 4th. BNP Paribas Exane increased their price target on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a report on Friday, May 29th. Barclays lowered Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Finally, Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $122.82.

Dollar Tree Stock Up 1.7%

Shares of NASDAQ DLTR opened at $129.35 on Friday. Dollar Tree has a 52-week low of $84.71 and a 52-week 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 stock has a market cap of $24.86 billion, a P/E ratio of 20.21, a P/E/G ratio of 1.45 and a beta of 0.64. The firm has a 50 day moving average price of $118.18 and a 200 day moving average price of $114.25.

Dollar Tree (NASDAQ:DLTR) last posted 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. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period last year, the business posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts expect that Dollar Tree will post 7 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share buyback program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

Institutional Trading of Dollar Tree

A number of institutional investors have recently modified their holdings of DLTR. Oppenheimer Asset Management Inc. acquired a new position in shares of Dollar Tree during the second quarter worth about $4,770,000. Bryn Mawr Trust Advisors LLC bought a new position in shares of Dollar Tree during the second quarter worth about $270,000. Wedge Capital Management L L P NC acquired a new stake in Dollar Tree in the 2nd quarter valued at approximately $6,840,000. Tema ETFs LLC raised its position in Dollar Tree by 7.1% in the 2nd quarter. Tema ETFs LLC now owns 2,176 shares of the company’s stock valued at $263,000 after buying an additional 145 shares during the last quarter. Finally, Handelsbanken Fonder AB raised its position in Dollar Tree by 185.2% in the 2nd quarter. Handelsbanken Fonder AB now owns 51,345 shares of the company’s stock valued at $6,210,000 after buying an additional 33,344 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors.

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.