Norges Bank Invests $260.86 Million in Dollar Tree, Inc. $DLTR

Norges Bank purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 2,120,628 shares of the company’s stock, valued at approximately $260,858,000. Norges Bank owned 1.07% of Dollar Tree at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DLTR. Alliancebernstein L.P. grew its position in shares of Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after buying an additional 2,393,172 shares during the period. Jupiter Asset Management Ltd. acquired a new position in Dollar Tree during the third quarter valued at approximately $118,811,000. AQR Capital Management LLC grew its holdings in Dollar Tree by 906.5% during the second quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock valued at $124,973,000 after purchasing an additional 1,148,649 shares during the period. Mondrian Investment Partners LTD acquired a new position in Dollar Tree during the third quarter valued at approximately $102,550,000. Finally, Schroder Investment Management Group grew its holdings in Dollar Tree by 1,475.5% during the third quarter. Schroder Investment Management Group now owns 965,895 shares of the company’s stock valued at $91,152,000 after purchasing an additional 904,589 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Down 1.8%

Dollar Tree stock opened at $109.39 on Wednesday. The stock has a market capitalization of $21.02 billion, a PE ratio of 17.09, a price-to-earnings-growth ratio of 1.36 and a beta of 0.66. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The company has a 50 day moving average of $100.85 and a 200-day moving average of $114.11.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts anticipate that Dollar Tree, Inc. will post 6.89 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages recently issued reports on DLTR. Morgan Stanley boosted their price objective on shares of Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Gordon Haskett boosted their price objective on shares of Dollar Tree from $90.00 to $100.00 in a report on Friday, May 29th. Weiss Ratings cut shares of Dollar Tree from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. BTIG Research restated a “neutral” rating on shares of Dollar Tree in a report on Monday, March 9th. Finally, BMO Capital Markets restated an “underperform” rating on shares of Dollar Tree in a report on Tuesday, March 17th. Eight equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the stock. According to data from MarketBeat.com, Dollar Tree currently has a consensus rating of “Hold” and an average target price of $119.90.

Dollar Tree Company 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.