SteelPeak Wealth LLC Acquires Shares of 4,229 Dollar Tree, Inc. $DLTR

SteelPeak Wealth LLC acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the first quarter, HoldingsChannel.com reports. The fund acquired 4,229 shares of the company’s stock, valued at approximately $463,000.

Several other hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC boosted its holdings in 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. raised its stake in shares of Dollar Tree by 54.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock worth $82,509,000 after buying an additional 235,626 shares in the last quarter. Wealthfront Advisers LLC raised its stake in shares of Dollar Tree by 13.7% during the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after buying an additional 9,288 shares in the last quarter. Nordea Investment Management AB lifted its holdings in shares of Dollar Tree by 18.0% in the 4th quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock valued at $106,110,000 after buying an additional 130,741 shares during the period. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in shares of Dollar Tree by 4.7% in the 4th 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 during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DLTR. UBS Group reaffirmed a “buy” rating on shares of Dollar Tree in a report on Friday, July 10th. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Guggenheim boosted their target price 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. Benchmark assumed coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They set a “hold” rating on the stock. Finally, Gordon Haskett upgraded shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price target for the company in a report on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, Dollar Tree currently has an average rating of “Hold” and a consensus target price of $122.68.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $125.94 on Friday. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The company has a market capitalization of $24.20 billion, a P/E ratio of 19.68, a PEG ratio of 1.44 and a beta of 0.65. The business has a 50 day moving average price of $110.73 and a 200 day moving average price of $114.68. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.21. The firm had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Sell-side analysts expect that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

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