Daiichi Life Insurance Co. Ltd. Takes Position in Dollar Tree, Inc. $DLTR

Daiichi Life Insurance Co. Ltd. purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,034 shares of the company’s stock, valued at approximately $972,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Commerce Bank bought a new stake in Dollar Tree in the 2nd quarter worth about $690,000. Northwestern Mutual Wealth Management Co. purchased a new stake in Dollar Tree in the 2nd quarter valued at about $169,000. Quantbot Technologies LP bought a new position in shares of Dollar Tree during the 2nd quarter worth approximately $1,542,000. Evolve Private Wealth LLC bought a new position in shares of Dollar Tree during the 2nd quarter worth approximately $245,000. Finally, Westpac Banking Corp purchased a new position in shares of Dollar Tree in the 2nd quarter worth approximately $6,365,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Stock Up 4.0%

Dollar Tree stock opened at $136.75 on Tuesday. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The firm has a 50 day moving average price of $124.40 and a 200-day moving average price of $114.47. The company has a market capitalization of $26.28 billion, a P/E ratio of 21.37, a P/E/G ratio of 1.50 and a beta of 0.64. 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 quarterly 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 analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree announced that its Board of Directors has initiated a stock buyback plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

DLTR has been the subject of several recent analyst reports. JPMorgan Chase & Co. upped their target price on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a report on Wednesday, July 8th. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective on the stock in a research report on Thursday, June 4th. BNP Paribas Exane upped their price objective on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research note on Friday, May 29th. Finally, BMO Capital Markets raised their target price on Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a research report on Tuesday, August 11th. 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. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $123.41.

Dollar Tree 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.