California State Teachers Retirement System Has $28.73 Million Stock Holdings in Dollar Tree, Inc. $DLTR

California State Teachers Retirement System decreased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 4.2% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 262,338 shares of the company’s stock after selling 11,504 shares during the quarter. California State Teachers Retirement System’s holdings in Dollar Tree were worth $28,729,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. State Street Corp raised its holdings in Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after acquiring an additional 319,938 shares during the period. Alliancebernstein L.P. lifted its position in Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after acquiring an additional 2,393,172 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of Dollar Tree by 1.5% during the fourth quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after acquiring an additional 39,506 shares during the period. Norges Bank bought a new stake in shares of Dollar Tree during the fourth quarter worth approximately $260,858,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Dollar Tree by 4.7% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DLTR shares. Freedom Capital lowered Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Morgan Stanley boosted their price target on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Truist Financial decreased their price objective on Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a report on Wednesday, May 27th. Finally, Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective on the stock 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’s stock. Based on data from MarketBeat.com, Dollar Tree has an average rating of “Hold” and a consensus target price of $122.82.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $127.21 on Friday. The company’s 50 day moving average price is $117.49 and its two-hundred day moving average price is $114.47. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The firm has a market cap of $24.45 billion, a PE ratio of 19.88, a PEG ratio of 1.47 and a beta of 0.65. 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 (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.53 by $0.21. The company had revenue of $4.98 billion for 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 business’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree announced that its board has authorized a share repurchase plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board believes its stock is 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.