Illinois Municipal Retirement Fund Increases Stake in Dollar Tree, Inc. $DLTR

Illinois Municipal Retirement Fund raised its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 2.6% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 174,091 shares of the company’s stock after acquiring an additional 4,337 shares during the period. Illinois Municipal Retirement Fund’s holdings in Dollar Tree were worth $19,065,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in Dollar Tree during the fourth quarter worth about $25,000. Reflection Asset Management purchased a new stake in Dollar Tree in the 4th quarter valued at approximately $25,000. Covestor Ltd boosted its holdings in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares in the last quarter. YANKCOM Partnership acquired a new position in Dollar Tree during the 4th quarter worth approximately $31,000. Finally, DV Equities LLC acquired a new position in Dollar Tree during the 4th quarter worth approximately $32,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Price Performance

Dollar Tree stock opened at $127.03 on Thursday. The firm has a market capitalization of $24.41 billion, a PE ratio of 19.85, a P/E/G ratio of 1.42 and a beta of 0.65. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The firm’s 50-day simple moving average is $109.46 and its 200 day simple moving average is $114.57. 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 (NASDAQ:DLTR) last posted its 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 firm had revenue of $4.98 billion during 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 firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same period last year, the firm posted $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 7 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has initiated a stock buyback program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. BNP Paribas Exane raised their price target on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research report on Thursday, June 4th. Freedom Capital downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Finally, Evercore upgraded shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $122.68.

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.