Renaissance Technologies LLC Reduces Stake in Dollar Tree, Inc. $DLTR

Renaissance Technologies LLC lowered its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 93.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,300 shares of the company’s stock after selling 191,403 shares during the quarter. Renaissance Technologies LLC’s holdings in Dollar Tree were worth $1,456,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Cetera Investment Advisers grew its stake in Dollar Tree by 0.4% during the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock valued at $2,635,000 after acquiring an additional 79 shares in the last quarter. Optimize Financial Inc lifted its stake in Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock worth $738,000 after purchasing an additional 84 shares in the last quarter. 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 during the period. Root Financial Partners LLC grew its position in shares of Dollar Tree by 27.6% during the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after purchasing an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators grew its position in shares of Dollar Tree by 7.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock valued at $149,000 after purchasing an additional 86 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Piper Sandler lowered their price objective on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. 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 note on Wednesday, July 8th. The Goldman Sachs Group cut Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Barclays lowered Dollar Tree from an “overweight” rating to a “strong sell” rating in a report on Wednesday, July 8th. Finally, Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $122.95.

Dollar Tree Trading Up 0.4%

Shares of DLTR stock opened at $128.61 on Thursday. The business has a 50-day moving average price of $121.26 and a two-hundred day moving average price of $113.91. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-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 firm has a market cap of $24.72 billion, a P/E ratio of 20.10, a price-to-earnings-growth ratio of 1.46 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts anticipate 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 allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to repurchase up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board of directors believes its shares are undervalued.

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.