Evolve Private Wealth LLC Purchases 20,498 Shares of Dollar Tree, Inc. $DLTR

Evolve Private Wealth LLC boosted its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 1,040.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 22,468 shares of the company’s stock after purchasing an additional 20,498 shares during the period. Evolve Private Wealth LLC’s holdings in Dollar Tree were worth $2,460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Cetera Investment Advisers lifted its stake in shares of Dollar Tree by 0.4% in the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after buying an additional 79 shares in the last quarter. Optimize Financial Inc grew its holdings in shares of Dollar Tree by 1.4% during the fourth quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after buying an additional 84 shares during the last quarter. Covestor Ltd increased its position in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares in the last quarter. Root Financial Partners LLC increased its position in shares of Dollar Tree by 27.6% during the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after acquiring an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators raised its holdings in Dollar Tree by 7.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after acquiring an additional 86 shares during the last quarter. 97.40% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Piper Sandler lowered their price objective on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Sanford C. Bernstein lifted their target price on Dollar Tree from $115.00 to $124.00 and gave the stock a “market perform” rating in a report on Friday, May 29th. BNP Paribas Exane boosted their price target on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Morgan Stanley upped their price target on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Finally, BMO Capital Markets reaffirmed an “underperform” rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $119.48.

Dollar Tree Trading Up 2.0%

Shares of NASDAQ:DLTR opened at $113.93 on Tuesday. The stock has a market capitalization of $21.90 billion, a price-to-earnings ratio of 17.80, a PEG ratio of 1.28 and a beta of 0.66. 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’s 50-day simple moving average is $102.04 and its two-hundred day simple moving average is $114.76. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week 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 (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the previous year, the company posted $1.26 EPS. 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 6.98 EPS for the current year.

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.