Arbejdsmarkedets Tillaegspension purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the 1st quarter, HoldingsChannel reports. The firm purchased 162,857 shares of the company’s stock, valued at approximately $17,834,000.
Other hedge funds also recently bought and sold shares of the company. Citizens Financial Group Inc. RI raised its holdings in Dollar Tree by 9.0% in the first quarter. Citizens Financial Group Inc. RI now owns 2,032 shares of the company’s stock valued at $223,000 after acquiring an additional 168 shares in the last quarter. Fifth Third Bancorp grew its holdings in Dollar Tree by 189.1% during the 1st quarter. Fifth Third Bancorp now owns 36,113 shares of the company’s stock worth $3,955,000 after acquiring an additional 23,622 shares in the last quarter. Sequoia Financial Advisors LLC grew its holdings in Dollar Tree by 11.1% during the 1st quarter. Sequoia Financial Advisors LLC now owns 12,630 shares of the company’s stock worth $1,383,000 after acquiring an additional 1,259 shares in the last quarter. Hsbc Holdings PLC increased its position in shares of Dollar Tree by 10.4% in the 1st quarter. Hsbc Holdings PLC now owns 646,333 shares of the company’s stock valued at $70,363,000 after purchasing an additional 60,955 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its holdings in Dollar Tree by 29.1% during the 1st quarter. Kestra Advisory Services LLC now owns 5,737 shares of the company’s stock worth $628,000 after buying an additional 1,293 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have recently commented on DLTR. UBS Group reiterated a “buy” rating on shares of Dollar Tree in a report on Friday. Guggenheim boosted their price target on shares of Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. JPMorgan Chase & Co. raised their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Finally, Piper Sandler cut their target price on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and an average target price of $122.68.
Dollar Tree Stock Performance
NASDAQ DLTR opened at $126.38 on Tuesday. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The business’s 50-day moving average price is $108.24 and its 200 day moving average price is $114.51. The firm has a market cap of $24.29 billion, a P/E ratio of 19.75, a P/E/G ratio of 1.43 and a beta of 0.65.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted 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 firm had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the prior year, the business earned $1.26 EPS. The firm’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. On average, equities research analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current year.
Dollar Tree declared that its Board of Directors has approved 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 buy up to 10.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board believes its shares are 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.
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