Caisse de depot et placement du Quebec Buys Shares of 1,786,391 Dollar Tree, Inc. $DLTR

Caisse de depot et placement du Quebec acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 1,786,391 shares of the company’s stock, valued at approximately $205,631,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Cullen Frost Bankers Inc. acquired a new stake in Dollar Tree during the fourth quarter worth approximately $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree during the 4th quarter worth $25,000. Covestor Ltd boosted its holdings in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC boosted its holdings in shares of Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after purchasing an additional 97 shares during the last quarter. Finally, Wilkerson Advisory Group LLC grew its position in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the period. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Down 1.7%

Shares of DLTR opened at $132.18 on Thursday. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The stock’s 50-day moving average is $125.40 and its two-hundred day moving average is $114.65. 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 stock 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.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same quarter last year, the firm earned $1.26 earnings per share. Equities analysts forecast that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a stock buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Dollar Tree News Roundup

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on DLTR shares. Piper Sandler reduced 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. Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Barclays downgraded shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Morgan Stanley raised their target price on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $125.27.

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.