828,942 Shares in Dollar Tree, Inc. $DLTR Acquired by Caisse de depot et placement du Quebec

Caisse de depot et placement du Quebec bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 828,942 shares of the company’s stock, valued at approximately $100,261,000. Caisse de depot et placement du Quebec owned 0.43% of Dollar Tree at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree in the fourth quarter worth approximately $25,000. Reflection Asset Management purchased a new stake in shares of Dollar Tree in the fourth quarter worth $25,000. Covestor Ltd raised its position in shares of Dollar Tree by 60.9% during 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. Basecamp Wealth Advisors LLC raised its position in shares of Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after purchasing an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC lifted its stake in shares of Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Down 1.7%

Shares of DLTR stock opened at $132.18 on Thursday. The company has a market cap of $25.40 billion, a PE ratio of 20.65, a price-to-earnings-growth ratio of 1.53 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 stock’s 50 day simple moving average is $125.40 and its two-hundred day simple moving average is $114.65. 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 announced 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 firm had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 EPS. Research analysts predict that Dollar Tree, Inc. will post 7.02 earnings per share for the current year.

Dollar Tree declared that its board has approved a stock repurchase program on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. 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 restated an “underperform” rating on shares of Dollar Tree in a research report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft upped their price objective on Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a research note on Thursday, June 4th. Finally, Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price on the stock in a research note on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $125.27.

Dollar Tree News Roundup

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

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.