Allstate Corp Acquires 7,712 Shares of Dollar Tree, Inc. $DLTR

Allstate Corp boosted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) by 102.4% during the 4th quarter, Holdings Channel reports. The fund owned 15,242 shares of the company’s stock after buying an additional 7,712 shares during the period. Allstate Corp’s holdings in Dollar Tree were worth $1,875,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. purchased a new stake in shares of Dollar Tree during the fourth quarter valued at about $25,000. Covestor Ltd raised its position in shares of Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares during the last quarter. YANKCOM Partnership purchased a new position in shares of Dollar Tree in the 4th quarter valued at approximately $31,000. Elyxium Wealth LLC purchased a new position in shares of Dollar Tree in the 4th quarter valued at approximately $34,000. Finally, FNY Investment Advisers LLC purchased a new position in shares of Dollar Tree in the 3rd quarter valued at approximately $37,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree News Summary

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

Wall Street Analysts Forecast Growth

DLTR has been the subject of several research analyst reports. Jefferies Financial Group increased their price objective on shares of Dollar Tree from $75.00 to $80.00 and gave the company an “underperform” rating in a research report on Tuesday, March 17th. BTIG Research reaffirmed a “neutral” rating on shares of Dollar Tree in a research report on Monday, March 9th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a research report on Thursday. Guggenheim reissued a “buy” rating and set a $130.00 price target on shares of Dollar Tree in a research report on Tuesday, March 17th. Finally, Morgan Stanley reduced their price target on shares of Dollar Tree from $146.00 to $126.00 and set an “equal weight” rating for the company in a research report on Tuesday, March 17th. Eight investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and six have given a Sell rating to the stock. According to MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average price target of $117.95.

View Our Latest Research Report on DLTR

Dollar Tree Price Performance

Shares of NASDAQ DLTR opened at $113.00 on Friday. The stock has a market capitalization of $22.00 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 1.20 and a beta of 0.61. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The firm’s 50 day simple moving average is $100.56 and its 200-day simple moving average is $114.00. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.07 and a quick ratio of 0.29.

Dollar Tree (NASDAQ:DLTRGet Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.61% and a return on equity of 32.24%. The business’s revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts expect that Dollar Tree, Inc. will post 6.72 EPS for the current year.

Dollar Tree Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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