Dollar Tree (NASDAQ:DLTR) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Dollar Tree (NASDAQ:DLTR) from a sell rating to a hold rating in a research note released on Wednesday, MarketBeat reports. They currently have $125.00 price target on the stock, up from their previous price target of $105.00.

Several other research firms also recently commented on DLTR. Raymond James Financial raised shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective on the stock in a report on Wednesday. Evercore upgraded shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday. Barclays lowered their price target on shares of Dollar Tree from $149.00 to $131.00 and set an “overweight” rating on the stock in a report on Tuesday, May 26th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Finally, Telsey Advisory Group reiterated an “outperform” rating and set a $150.00 price objective on shares of Dollar Tree in a research note on Tuesday, March 17th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $122.68.

Dollar Tree Stock Up 3.3%

Shares of DLTR stock opened at $124.91 on Wednesday. The stock’s 50-day simple moving average is $107.65 and its 200-day simple moving average is $114.52. 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 firm has a market capitalization of $24.01 billion, a PE ratio of 19.52, a P/E/G ratio of 1.38 and a beta of 0.65. Dollar Tree has a fifty-two week low of $84.71 and a fifty-two week high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping 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 firm had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The company’s 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 will post 7 earnings per share for the current year.

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

Institutional Trading of Dollar Tree

Several hedge funds and other institutional investors have recently added to or reduced their stakes in DLTR. SG Americas Securities LLC increased its stake in shares of Dollar Tree by 261.9% in the 4th quarter. SG Americas Securities LLC now owns 177,196 shares of the company’s stock valued at $21,797,000 after purchasing an additional 128,230 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in Dollar Tree by 54.2% during the fourth quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock worth $82,509,000 after purchasing an additional 235,626 shares in the last quarter. Nordea Investment Management AB grew its holdings in Dollar Tree by 18.0% in the fourth quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock valued at $106,110,000 after purchasing an additional 130,741 shares during the period. Fairfax Financial Holdings Ltd. Can acquired a new stake in Dollar Tree in the third quarter valued at approximately $4,186,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Dollar Tree by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after buying an additional 81,695 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

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.