Fifth Third Bancorp Has $3.96 Million Stake in Dollar Tree, Inc. $DLTR

Fifth Third Bancorp increased its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 189.1% in the 1st quarter, Holdings Channel reports. The firm owned 36,113 shares of the company’s stock after buying an additional 23,622 shares during the quarter. Fifth Third Bancorp’s holdings in Dollar Tree were worth $3,955,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Guggenheim increased their target price on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a report on Friday, May 29th. The Goldman Sachs Group downgraded shares of Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Finally, Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research note on Thursday, June 4th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and an average price target of $122.68.

Dollar Tree Price Performance

Dollar Tree stock opened at $125.94 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The firm has a market capitalization of $24.20 billion, a P/E ratio of 19.68, a PEG ratio of 1.44 and a beta of 0.65. The business has a 50-day moving average of $110.73 and a 200-day moving average of $114.68. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced 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 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 the consensus estimate of $4.96 billion. During the same period last year, the company posted $1.26 EPS. Dollar Tree’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. On average, equities analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share repurchase program on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership 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.