SEB Asset Management AB Takes Position in Dollar Tree, Inc. $DLTR

SEB Asset Management AB bought a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 71,003 shares of the company’s stock, valued at approximately $7,776,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. SG Americas Securities LLC grew its stake in shares of Dollar Tree by 261.9% during the 4th quarter. SG Americas Securities LLC now owns 177,196 shares of the company’s stock worth $21,797,000 after purchasing an additional 128,230 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of Dollar Tree by 54.2% in the 4th quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock valued at $82,509,000 after purchasing an additional 235,626 shares during the period. Wealthfront Advisers LLC boosted its holdings in Dollar Tree by 13.7% during the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after buying an additional 9,288 shares in the last quarter. Hanseatic Management Services Inc. purchased a new stake in Dollar Tree during the first quarter worth $950,000. Finally, Arrowstreet Capital Limited Partnership grew its position in Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after buying an additional 81,695 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have weighed in on DLTR shares. BNP Paribas Exane lifted their price objective on shares of Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 target price on the stock in a research report on Wednesday, July 8th. Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Truist Financial reduced their price target on Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Finally, Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $122.68.

Dollar Tree Price Performance

NASDAQ:DLTR opened at $125.74 on Wednesday. The stock has a 50 day moving average of $112.19 and a two-hundred day moving average of $114.65. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The firm has a market cap of $24.16 billion, a P/E ratio of 19.65, a price-to-earnings-growth ratio of 1.44 and a beta of 0.65. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84.

Dollar Tree (NASDAQ:DLTR) last released 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 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 business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.26 earnings per share. 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 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has initiated a stock repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership 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 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.