iA Global Asset Management Inc. Cuts Stock Holdings in Dollar Tree, Inc. $DLTR

iA Global Asset Management Inc. lessened its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 36.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,364 shares of the company’s stock after selling 9,246 shares during the quarter. iA Global Asset Management Inc.’s holdings in Dollar Tree were worth $1,792,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cullen Frost Bankers Inc. acquired a new position in Dollar Tree during the fourth quarter worth $25,000. Reflection Asset Management purchased a new position in Dollar Tree in the fourth quarter worth $25,000. Covestor Ltd lifted its holdings in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares during the period. YANKCOM Partnership acquired a new stake in Dollar Tree in the fourth quarter valued at $31,000. Finally, DV Equities LLC purchased a new stake in shares of Dollar Tree during the 4th quarter worth $32,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Up 2.4%

Dollar Tree stock opened at $124.05 on Friday. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The firm has a market capitalization of $23.84 billion, a price-to-earnings ratio of 19.38, a price-to-earnings-growth ratio of 1.39 and a beta of 0.65. The stock’s fifty day moving average is $104.90 and its two-hundred day moving average is $114.67. 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 data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same period in the previous year, the firm earned $1.26 EPS. The business’s revenue for the quarter was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts predict that Dollar Tree, Inc. will post 6.98 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a share buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the company to purchase up to 10.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.

Analysts Set New Price Targets

DLTR has been the topic of a number of recent analyst reports. UBS Group set a $124.00 price target on shares of Dollar Tree in a research note on Thursday, May 28th. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Evercore set a $140.00 price objective on shares of Dollar Tree in a report on Monday, May 18th. Morgan Stanley upped their target price on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Finally, BMO Capital Markets reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Tuesday, March 17th. Eight analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $119.48.

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.