Andra AP fonden boosted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) by 167.1% in the first quarter, Holdings Channel reports. The institutional investor owned 100,616 shares of the company’s stock after purchasing an additional 62,947 shares during the period. Andra AP fonden’s holdings in Dollar Tree were worth $11,018,000 as of its most recent SEC filing.
A number of other large investors have also added to or reduced their stakes in DLTR. Cullen Frost Bankers Inc. bought a new position in Dollar Tree in the 4th quarter worth about $25,000. Reflection Asset Management purchased a new position in Dollar Tree in the fourth quarter worth about $25,000. Covestor Ltd raised its holdings in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after buying an additional 84 shares during the last quarter. Wilkerson Advisory Group LLC lifted its stake in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after buying an additional 117 shares in the last quarter. Finally, YANKCOM Partnership bought a new position in shares of Dollar Tree in the fourth quarter worth approximately $31,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have commented on DLTR. Deutsche Bank Aktiengesellschaft increased their target price on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. Morgan Stanley increased their price objective on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a research report on Friday, May 29th. Benchmark started coverage on Dollar Tree in a report on Wednesday, July 8th. They issued a “hold” rating for the company. Finally, Bank of America reissued an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $122.68.
Dollar Tree Stock Performance
Shares of DLTR opened at $125.74 on Wednesday. The business has a 50-day simple moving average of $112.19 and a two-hundred day simple moving average of $114.65. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The stock has a market cap of $24.16 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 1.44 and a beta of 0.65.
Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The business’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, analysts expect that Dollar Tree, Inc. will post 7 EPS for the current year.
Dollar Tree announced that its Board of Directors has initiated a share buyback program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s board of directors 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 dĂ©cor, 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.
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