Assenagon Asset Management S.A. Sells 286,234 Shares of Dollar Tree, Inc. $DLTR

Assenagon Asset Management S.A. cut its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 42.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 384,519 shares of the company’s stock after selling 286,234 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Dollar Tree were worth $42,109,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC increased its position in shares of Dollar Tree by 261.9% during the fourth quarter. SG Americas Securities LLC now owns 177,196 shares of the company’s stock valued at $21,797,000 after acquiring an additional 128,230 shares during the last quarter. Nordea Investment Management AB boosted its position in Dollar Tree by 18.0% in the fourth quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock worth $106,110,000 after purchasing an additional 130,741 shares during the last quarter. Fairfax Financial Holdings Ltd. Can bought a new position in Dollar Tree in the 3rd quarter valued at $4,186,000. Korea Investment CORP grew its stake in Dollar Tree by 64.4% in the 3rd quarter. Korea Investment CORP now owns 249,919 shares of the company’s stock valued at $23,585,000 after purchasing an additional 97,866 shares during the period. Finally, Primecap Management Co. CA increased its position in shares of Dollar Tree by 6.8% during the 3rd quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock valued at $395,792,000 after purchasing an additional 268,539 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. UBS Group set a $124.00 target price on Dollar Tree in a research note on Thursday, May 28th. Telsey Advisory Group restated an “outperform” rating and set a $150.00 price objective on shares of Dollar Tree in a report on Tuesday, March 17th. Piper Sandler lowered their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Eight equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $119.48.

Dollar Tree Trading Down 1.0%

Shares of DLTR opened at $118.21 on Friday. The business has a 50-day moving average of $103.01 and a 200 day moving average of $114.75. 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 cap of $22.72 billion, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 1.37 and a beta of 0.66. 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, beating the consensus estimate of $1.53 by $0.21. The business had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts forecast that Dollar Tree, Inc. will post 6.98 EPS for the current year.

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.