Patton Fund Management Inc. Has $2.87 Million Stake in Dollar Tree, Inc. $DLTR

Patton Fund Management Inc. reduced its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 63.0% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 26,167 shares of the company’s stock after selling 44,527 shares during the quarter. Patton Fund Management Inc.’s holdings in Dollar Tree were worth $2,866,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. SG Americas Securities LLC boosted its position in 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. Assenagon Asset Management S.A. grew its holdings in Dollar Tree by 54.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock worth $82,509,000 after acquiring an additional 235,626 shares during the period. Nordea Investment Management AB raised its position in shares of Dollar Tree by 18.0% in the 4th quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock worth $106,110,000 after acquiring an additional 130,741 shares in the last quarter. Fairfax Financial Holdings Ltd. Can bought a new position in shares of Dollar Tree in the 3rd quarter worth about $4,186,000. Finally, Korea Investment CORP lifted its stake in shares of 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. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of DLTR opened at $123.87 on Monday. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. The company has a market cap of $23.81 billion, a PE ratio of 19.35, a P/E/G ratio of 1.42 and a beta of 0.66. The stock has a 50-day moving average of $103.46 and a 200-day moving average of $114.78. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates 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 return on equity of 35.19% and a net margin of 6.51%.The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period in the prior year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts predict that Dollar Tree, Inc. will post 6.98 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently commented on DLTR. The Goldman Sachs Group cut their target price on Dollar Tree from $115.00 to $105.00 and set a “sell” rating on the stock in a research report on Friday, May 29th. BMO Capital Markets reissued an “underperform” rating on shares of Dollar Tree in a research note on Tuesday, March 17th. Telsey Advisory Group restated an “outperform” rating and set a $150.00 price target on shares of Dollar Tree in a report on Tuesday, March 17th. Citigroup reduced their price objective on shares of Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, March 17th. Finally, Truist Financial lowered their price objective on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a research note on Wednesday, May 27th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $119.48.

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.