L2 Asset Management LLC Buys 33,073 Shares of Dollar Tree, Inc. $DLTR

L2 Asset Management LLC boosted its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 119.9% during the 4th quarter, HoldingsChannel reports. The fund owned 60,666 shares of the company’s stock after acquiring an additional 33,073 shares during the quarter. Dollar Tree comprises 1.0% of L2 Asset Management LLC’s investment portfolio, making the stock its 25th largest position. L2 Asset Management LLC’s holdings in Dollar Tree were worth $7,462,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. SG Americas Securities LLC lifted its position 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 acquiring an additional 128,230 shares in the last quarter. Assenagon Asset Management S.A. grew 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 acquiring an additional 235,626 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Dollar Tree by 18.0% during the 4th quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock worth $106,110,000 after acquiring an additional 130,741 shares in the last quarter. Fairfax Financial Holdings Ltd. Can bought a new position in shares of Dollar Tree during the 3rd quarter worth approximately $4,186,000. Finally, Korea Investment CORP grew its stake in shares of Dollar Tree by 64.4% during the 3rd quarter. Korea Investment CORP now owns 249,919 shares of the company’s stock worth $23,585,000 after acquiring an additional 97,866 shares in the last quarter. 97.40% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. BNP Paribas Exane raised their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. BTIG Research reaffirmed a “neutral” rating on shares of Dollar Tree in a research note on Monday, March 9th. Barclays decreased their price target on shares of Dollar Tree from $149.00 to $131.00 and set an “overweight” rating for the company in a research note on Tuesday, May 26th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Wall Street Zen raised Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Eight research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and a consensus price target of $119.48.

Dollar Tree Trading Down 1.0%

NASDAQ DLTR opened at $112.88 on Tuesday. The company has a market cap of $21.69 billion, a PE ratio of 17.64, a PEG ratio of 1.30 and a beta of 0.66. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The stock has a 50 day moving average of $101.63 and a 200-day moving average of $114.72.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the prior year, the firm posted $1.26 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts anticipate that Dollar Tree, Inc. will post 6.98 EPS for the current fiscal year.

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.