Dollar Tree, Inc. $DLTR Shares Purchased by Handelsbanken Fonder AB

Handelsbanken Fonder AB raised its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 185.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 51,345 shares of the company’s stock after purchasing an additional 33,344 shares during the quarter. Handelsbanken Fonder AB’s holdings in Dollar Tree were worth $6,210,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Alliancebernstein L.P. raised its stake 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 in the last quarter. Norges Bank purchased a new stake in shares of Dollar Tree in the fourth quarter valued at approximately $260,858,000. AQR Capital Management LLC boosted its stake in shares of Dollar Tree by 906.5% in the second quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock valued at $124,973,000 after buying an additional 1,148,649 shares in the last quarter. Bank of Montreal Can grew its holdings in Dollar Tree by 663.5% during the fourth quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock worth $159,457,000 after acquiring an additional 1,126,505 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its holdings in Dollar Tree by 104.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,740,157 shares of the company’s stock worth $164,219,000 after acquiring an additional 886,964 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have commented on DLTR shares. Freedom Capital downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Piper Sandler lowered their price target on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 26th. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Gordon Haskett upgraded shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research note on Thursday, June 4th. Finally, Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $122.95.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $129.39 on Friday. The business has a 50 day moving average price of $122.07 and a 200 day moving average price of $114.02. The company has a market capitalization of $24.87 billion, a P/E ratio of 20.22, a PEG ratio of 1.48 and a beta of 0.64. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. 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 earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The company 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%.Dollar Tree’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Sell-side analysts expect that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree announced that its Board of Directors has approved a share buyback plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s management 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.