Redwood Investment Management LLC Buys New Shares in Dollar Tree, Inc. $DLTR

Redwood Investment Management LLC bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 9,632 shares of the company’s stock, valued at approximately $1,165,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in Dollar Tree by 0.4% during the 4th quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock valued at $2,635,000 after purchasing an additional 79 shares during the last quarter. Optimize Financial Inc boosted its holdings in shares of Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after acquiring an additional 84 shares during the last quarter. Covestor Ltd increased its stake in shares of Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after acquiring an additional 84 shares during the period. Root Financial Partners LLC increased its stake in shares of Dollar Tree by 27.6% in the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock worth $48,000 after acquiring an additional 85 shares during the period. Finally, Deseret Mutual Benefit Administrators raised its holdings in shares of Dollar Tree by 7.7% during the fourth quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after purchasing an additional 86 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on DLTR shares. Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Guggenheim upped their target price on Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday. Truist Financial raised their target price on Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Dollar Tree has a consensus rating of “Hold” and an average price target of $125.27.

Key Stories Impacting Dollar Tree

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

Dollar Tree Stock Down 1.7%

DLTR stock opened at $132.18 on Thursday. The firm has a market cap of $25.40 billion, a PE ratio of 20.65, a P/E/G ratio of 1.53 and a beta of 0.64. 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’s fifty day moving average is $125.40 and its 200 day moving average is $114.65. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.26 earnings per share. On average, research analysts forecast that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree declared that its board has authorized a share repurchase program on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.

About Dollar Tree

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.