Bank of New York Mellon Corp lessened its position in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 10.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,047,955 shares of the company’s stock after selling 118,252 shares during the period. Bank of New York Mellon Corp’s holdings in Dollar Tree were worth $128,909,000 at the end of the most recent quarter.
Several other institutional investors have also recently made changes to their positions in DLTR. NewEdge Advisors LLC lifted its holdings in shares of Dollar Tree by 3,237.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock worth $1,032,000 after acquiring an additional 13,338 shares during the last quarter. Woodline Partners LP lifted its holdings in shares of Dollar Tree by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after acquiring an additional 4,941 shares during the last quarter. Focus Partners Wealth lifted its holdings in shares of Dollar Tree by 2.0% in the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after acquiring an additional 213 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Dollar Tree in the 2nd quarter worth about $257,000. Finally, CW Advisors LLC bought a new stake in shares of Dollar Tree in the 2nd quarter worth about $264,000. Institutional investors own 97.40% of the company’s stock.
Dollar Tree Trading Down 0.4%
NASDAQ:DLTR opened at $108.80 on Friday. 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 firm has a market cap of $20.91 billion, a P/E ratio of 17.00, a P/E/G ratio of 1.33 and a beta of 0.66. The firm has a 50-day simple moving average of $101.10 and a 200-day simple moving average of $114.19.
Wall Street Analyst Weigh In
DLTR has been the subject of several analyst reports. The Goldman Sachs Group lowered their target price on shares of Dollar Tree from $115.00 to $105.00 and set a “sell” rating for the company in a report on Friday, May 29th. Citigroup lowered their target price on shares of Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, March 17th. BTIG Research reiterated a “neutral” rating on shares of Dollar Tree in a report on Monday, March 9th. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, BMO Capital Markets reaffirmed an “underperform” rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree presently has an average rating of “Hold” and an average target price of $119.48.
View Our Latest Analysis on DLTR
Key Stories Impacting Dollar Tree
Here are the key news stories impacting Dollar Tree this week:
- Positive Sentiment: Gordon Haskett upgraded Dollar Tree from “reduce” to “hold” and assigned a $115 price target, implying modest upside from recent trading levels. This suggests some analysts see less downside risk after the company’s latest results.
- Positive Sentiment: KeyCorp raised its FY2027 EPS estimate to $7.05 and FY2028 EPS estimate to $7.70, signaling confidence in Dollar Tree’s longer-term earnings power and margin outlook.
- Positive Sentiment: Analyst coverage following the Q1 earnings call is still active, with investors focused on the main questions around growth, pricing, tariffs, and margin sustainability. Article Title
- Neutral Sentiment: Deutsche Bank nudged its price target up to $102 from $99 but kept a “hold” rating, indicating cautious optimism rather than a bullish call. Article Title
- Neutral Sentiment: Brokerage consensus remains “Hold,” which fits a market that sees Dollar Tree as fairly valued after its post-earnings move and recent analyst revisions. Article Title
- Negative Sentiment: KeyCorp trimmed some near-term quarterly EPS estimates, including Q3 2027 and Q4 2027, showing that not all analysts are becoming more bullish on the company’s shorter-term earnings trajectory.
Dollar Tree 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.
Featured Articles
- Five stocks we like better than Dollar Tree
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding DLTR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dollar Tree, Inc. (NASDAQ:DLTR – Free Report).
Receive News & Ratings for Dollar Tree Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dollar Tree and related companies with MarketBeat.com's FREE daily email newsletter.
