Nordea Investment Management AB Raises Position in Dollar Tree, Inc. $DLTR

Nordea Investment Management AB lifted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 18.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 858,636 shares of the company’s stock after purchasing an additional 130,741 shares during the quarter. Nordea Investment Management AB’s holdings in Dollar Tree were worth $106,110,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. MassMutual Private Wealth & Trust FSB boosted its stake in Dollar Tree by 7.1% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 1,442 shares of the company’s stock worth $177,000 after buying an additional 95 shares during the last quarter. Park Avenue Securities LLC grew its holdings in Dollar Tree by 40.4% in the 4th quarter. Park Avenue Securities LLC now owns 3,021 shares of the company’s stock valued at $372,000 after buying an additional 870 shares during the period. Miller Global Investments LLC acquired a new position in shares of Dollar Tree during the 4th quarter valued at about $448,000. Union Bancaire Privee UBP SA purchased a new position in shares of Dollar Tree during the 4th quarter worth about $5,722,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Dollar Tree by 7.3% during the 4th quarter. GAMMA Investing LLC now owns 8,917 shares of the company’s stock worth $1,097,000 after acquiring an additional 607 shares during the period. Hedge funds and other institutional investors own 97.40% of the company’s stock.

More Dollar Tree News

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Strong fundamentals: analysts and commentary point to revenue gains from pricing and a shifting customer mix after the quarter, supporting near-term sales momentum. Dollar Tree’s Pricing Adjustments Are Generating Revenue Growth
• Positive Sentiment: Buy-side support: Guggenheim reaffirmed a Buy rating and Telsey Advisory gave an Outperform — these help underpin demand for the shares. Guggenheim Reaffirms “Buy” Rating for Dollar Tree (NASDAQ:DLTR) Dollar Tree (NASDAQ:DLTR) Earns “Outperform” Rating from Telsey Advisory Group
• Positive Sentiment: Conviction from select brokers: Jefferies forecasted strong upside, and Wells Fargo maintained a Buy — both can support further upside if results and execution continue. Jefferies Financial Group Forecasts Strong Price Appreciation for Dollar Tree (NASDAQ:DLTR) Stock Wells Fargo Sticks to Its Buy Rating for Dollar Tree (DLTR)
• Positive Sentiment: Positive commentary & investor guides highlight Dollar Tree as a buy candidate after the quarter and favorable pricing trends. Why You Might Consider an Investment in Dollar Tree Today
• Neutral Sentiment: Management messaging: CEO comments aimed to reassure customers on pricing — supportive for consumer confidence but not a near-term earnings catalyst by itself. Dollar Tree CEO shares reassuring update on prices
• Neutral Sentiment: Mixed industry analysis and weekly market context suggest broader retail volatility (inflation/Fed/risk environment) could affect sentiment toward discount retailers. How the Risk/Reward Calculation Is Changing for Discount Retail (DLTR) MarketBeat Week in Review – 03/16 – 03/20
• Neutral Sentiment: Short-interest report is noisy/ambiguous (data shows zero change and 0 days to cover) — not signaling a clear market pressure or squeeze risk today.
• Negative Sentiment: Relative weakness: a MarketWatch note flagged DLTR underperforming peers on Thursday, which can pressure sentiment if it persists. Dollar Tree Inc. stock underperforms Thursday when compared to competitors
• Negative Sentiment: Bearish broker notes: Citigroup and Morgan Stanley put out pessimistic forecasts — these can cap upside and increase volatility if other brokers follow suit. Citigroup Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price Morgan Stanley Issues Pessimistic Forecast for Dollar Tree (NASDAQ:DLTR) Stock Price

Analysts Set New Price Targets

DLTR has been the subject of a number of recent analyst reports. Sanford C. Bernstein boosted their target price on shares of Dollar Tree from $123.00 to $124.00 and gave the company a “market perform” rating in a report on Tuesday, March 17th. Piper Sandler reaffirmed a “neutral” rating and set a $116.00 price target (up from $114.00) on shares of Dollar Tree in a research note on Tuesday, March 17th. Truist Financial decreased their price target on shares of Dollar Tree from $156.00 to $142.00 and set a “buy” rating on the stock in a report on Monday, March 16th. BTIG Research reissued a “neutral” rating on shares of Dollar Tree in a research note on Monday, March 9th. Finally, Jefferies Financial Group upped their price objective on Dollar Tree from $75.00 to $80.00 and gave the stock an “underperform” rating in a report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $123.24.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $105.92 on Monday. The company has a market cap of $20.90 billion, a P/E ratio of 16.95, a PEG ratio of 1.33 and a beta of 0.73. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.29 and a current ratio of 1.07. Dollar Tree, Inc. has a one year low of $61.87 and a one year high of $142.40. The business’s 50-day simple moving average is $123.67 and its 200 day simple moving average is $112.81.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Monday, March 16th. The company reported $2.56 earnings per share for the quarter, topping analysts’ consensus estimates of $2.53 by $0.03. Dollar Tree had a return on equity of 32.24% and a net margin of 6.61%.The firm had revenue of $5.45 billion during the quarter, compared to analysts’ expectations of $5.46 billion. During the same quarter in the prior year, the business earned $2.11 EPS. Dollar Tree’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts forecast that Dollar Tree, Inc. will post 5.39 earnings per share for the current fiscal 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.