Dollar Tree, Inc. $DLTR Shares Bought by Kentucky Retirement Systems

Kentucky Retirement Systems lifted its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 38.8% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 17,181 shares of the company’s stock after purchasing an additional 4,806 shares during the quarter. Kentucky Retirement Systems’ holdings in Dollar Tree were worth $1,881,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DLTR. Alliancebernstein L.P. raised its stake in shares of Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. Norges Bank acquired a new stake in Dollar Tree in the fourth quarter worth about $260,858,000. AQR Capital Management LLC grew its position in Dollar Tree by 906.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock valued at $124,973,000 after buying an additional 1,148,649 shares in the last quarter. Bank of Montreal Can grew its position in Dollar Tree by 663.5% in the 4th quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock valued at $159,457,000 after buying an additional 1,126,505 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Dollar Tree by 104.0% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,740,157 shares of the company’s stock valued at $164,219,000 after buying an additional 886,964 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

DLTR has been the topic of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. BNP Paribas Exane raised their price objective on shares of Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research note on Friday, May 29th. Barclays cut Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research report on Thursday, June 4th. Finally, Freedom Capital lowered Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $122.68.

Dollar Tree Stock Down 0.3%

DLTR stock opened at $128.57 on Friday. The firm has a market cap of $24.71 billion, a PE ratio of 20.09, a P/E/G ratio of 1.47 and a beta of 0.65. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The firm has a 50 day simple moving average of $116.85 and a 200 day simple moving average of $114.38.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results 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 for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a share repurchase program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Dollar Tree 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.