Dollar Tree, Inc. $DLTR Shares Sold by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 8.0% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 470,355 shares of the company’s stock after selling 40,856 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Dollar Tree were worth $51,509,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Eads & Heald Wealth Management boosted its holdings in Dollar Tree by 5.0% in the first quarter. Eads & Heald Wealth Management now owns 6,406 shares of the company’s stock valued at $702,000 after purchasing an additional 306 shares in the last quarter. Burney Co. lifted its position in shares of Dollar Tree by 1.9% during the 1st quarter. Burney Co. now owns 7,663 shares of the company’s stock worth $839,000 after buying an additional 145 shares during the last quarter. Swedbank AB boosted its holdings in shares of Dollar Tree by 5.1% in the 1st quarter. Swedbank AB now owns 161,253 shares of the company’s stock valued at $17,659,000 after buying an additional 7,784 shares in the last quarter. Kathmere Capital Management LLC boosted its holdings in shares of Dollar Tree by 105.7% in the 1st quarter. Kathmere Capital Management LLC now owns 6,374 shares of the company’s stock valued at $698,000 after buying an additional 3,276 shares in the last quarter. Finally, Whittier Trust Co. of Nevada Inc. grew its position in shares of Dollar Tree by 168.7% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,692 shares of the company’s stock valued at $299,000 after buying an additional 1,690 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on DLTR shares. Sanford C. Bernstein boosted their price target on shares of Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Friday, May 29th. Telsey Advisory Group reaffirmed an “outperform” rating and set a $150.00 price objective on shares of Dollar Tree in a report on Tuesday, March 17th. BMO Capital Markets reissued an “underperform” rating on shares of Dollar Tree in a report on Tuesday, March 17th. Barclays cut Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday. Finally, Bank of America restated an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Ten 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 company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $122.68.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $124.91 on Monday. The company has a 50-day simple moving average of $107.65 and a 200-day simple moving average of $114.46. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. 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 stock has a market capitalization of $24.00 billion, a price-to-earnings ratio of 19.52, a PEG ratio of 1.43 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the company posted $1.26 earnings per share. The business’s revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, analysts predict that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its board has initiated a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

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.