Elevation Point Wealth Partners LLC Invests $615,000 in Dollar Tree, Inc. $DLTR

Elevation Point Wealth Partners LLC bought a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,616 shares of the company’s stock, valued at approximately $615,000.

A number of other hedge funds have also recently bought and sold shares of the company. EdgePoint Investment Group Inc. lifted its holdings in Dollar Tree by 2.9% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock valued at $1,051,110,000 after acquiring an additional 312,382 shares during the last quarter. State Street Corp grew its stake in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after purchasing an additional 319,938 shares during the last quarter. Alliancebernstein L.P. raised its holdings in shares of Dollar Tree by 4.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after purchasing an additional 180,364 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after purchasing an additional 39,506 shares in the last quarter. Finally, Norges Bank acquired a new stake in Dollar Tree during the fourth quarter valued at approximately $260,858,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DLTR has been the topic of several recent research reports. Guggenheim lifted their price target on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Evercore set a $140.00 price objective on Dollar Tree in a research note on Monday, May 18th. Citigroup decreased their target price on Dollar Tree from $132.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, March 17th. BNP Paribas Exane upped their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Finally, Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $120.90.

Dollar Tree Stock Performance

Shares of DLTR opened at $122.65 on Wednesday. The company has a market capitalization of $23.57 billion, a PE ratio of 19.16, a PEG ratio of 1.39 and a beta of 0.65. 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 company’s 50 day moving average price is $106.10 and its 200 day moving average price is $114.51. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40.

Dollar Tree (NASDAQ:DLTR) last issued its 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 net margin of 6.51% and a return on equity of 35.19%. The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business posted $1.26 EPS. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts expect that Dollar Tree, Inc. will post 6.98 EPS for the current fiscal year.

Dollar Tree announced that its board has authorized a share buyback program on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

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.