T. Rowe Price Investment Management Inc. Sells 1,204,635 Shares of Dollar Tree, Inc. $DLTR

T. Rowe Price Investment Management Inc. lessened its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,143,569 shares of the company’s stock after selling 1,204,635 shares during the quarter. T. Rowe Price Investment Management Inc. owned about 3.59% of Dollar Tree worth $878,731,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Covestor Ltd raised its stake 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 buying an additional 84 shares during the last quarter. YANKCOM Partnership bought a new stake in shares of Dollar Tree during the fourth quarter worth approximately $31,000. DV Equities LLC acquired a new position in Dollar Tree in the fourth quarter valued at approximately $32,000. Finally, Elyxium Wealth LLC bought a new position in Dollar Tree in the fourth quarter valued at approximately $34,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of analyst reports. Telsey Advisory Group reaffirmed an “outperform” rating and set a $150.00 target price on shares of Dollar Tree in a report on Tuesday, March 17th. Freedom Capital lowered Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Sanford C. Bernstein lifted their price objective on Dollar Tree from $115.00 to $124.00 and gave the stock a “market perform” rating in a research note on Friday, May 29th. BNP Paribas Exane upped their price objective on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Finally, BTIG Research reissued a “neutral” rating on shares of Dollar Tree in a research note on Monday, March 9th. Eight equities 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $119.48.

Dollar Tree Stock Up 4.9%

Shares of NASDAQ:DLTR opened at $111.65 on Friday. The company has a 50 day moving average price of $101.69 and a two-hundred day moving average price of $114.71. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The company has a market capitalization of $21.46 billion, a PE ratio of 17.45, a PEG ratio of 1.22 and a beta of 0.66. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period last year, the firm posted $1.26 earnings per share. The business’s quarterly 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. Analysts forecast that Dollar Tree, Inc. will post 6.98 earnings per share for the current year.

Dollar Tree Company 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.