London Co. of Virginia Sells 237,669 Shares of Dollar Tree, Inc. $DLTR

London Co. of Virginia cut its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 9.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 2,300,205 shares of the company’s stock after selling 237,669 shares during the quarter. Dollar Tree comprises approximately 1.6% of London Co. of Virginia’s holdings, making the stock its 22nd biggest position. London Co. of Virginia’s holdings in Dollar Tree were worth $251,896,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Entropy Technologies LP bought a new stake in shares of Dollar Tree in the first quarter valued at approximately $5,788,000. Bridgewater Advisors Inc. boosted its holdings in Dollar Tree by 6.2% in the 1st quarter. Bridgewater Advisors Inc. now owns 3,641 shares of the company’s stock worth $399,000 after buying an additional 213 shares during the period. Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Dollar Tree by 55.0% in the 1st quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 11,619 shares of the company’s stock worth $1,272,000 after buying an additional 4,121 shares during the period. Caxton Associates LLP purchased a new position in Dollar Tree in the 1st quarter valued at approximately $1,080,000. Finally, Inceptionr LLC purchased a new position in Dollar Tree in the 1st quarter valued at approximately $669,000. Institutional investors own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the company. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Barclays cut Dollar Tree from an “overweight” rating to a “strong sell” rating in a research report on Wednesday, July 8th. Sanford C. Bernstein boosted their price objective on Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research note on Friday, May 29th. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective on the stock in a report on Thursday, June 4th. Finally, Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $122.68.

Dollar Tree Stock Up 2.4%

Shares of NASDAQ:DLTR opened at $120.45 on Friday. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The firm has a fifty day moving average of $114.07 and a 200 day moving average of $114.62. The firm has a market capitalization of $23.15 billion, a PE ratio of 18.82, a price-to-earnings-growth ratio of 1.37 and a beta of 0.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating 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 business had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter last year, the business posted $1.26 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree announced that its board has authorized a share buyback program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

About Dollar Tree

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.