Dollar Tree, Inc. $DLTR Shares Purchased by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in Dollar Tree, Inc. (NASDAQ:DLTR) by 20.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,360 shares of the company’s stock after purchasing an additional 5,584 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Dollar Tree were worth $3,567,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of DLTR. BlackRock Inc. purchased a new position in shares of Dollar Tree during the second quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC bought a new stake in Dollar Tree during the second quarter worth $1,176,661,000. Primecap Management Co. CA purchased a new stake in Dollar Tree in the 2nd quarter valued at $455,845,000. Bank of America Corp DE purchased a new stake in Dollar Tree in the 2nd quarter valued at $385,350,000. Finally, Caisse de depot et placement du Quebec purchased a new stake in Dollar Tree in the 2nd quarter valued at $205,631,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. Weiss Ratings upgraded Dollar Tree from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, August 28th. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, August 22nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $130.00 target price on shares of Dollar Tree in a research note on Friday, August 28th. Barclays increased their target price on shares of Dollar Tree from $140.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, September 4th. Finally, Piper Sandler increased their target price on shares of Dollar Tree from $114.00 to $121.00 and gave the company a “neutral” rating in a report on Monday, August 31st. Eleven research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $133.14.

Dollar Tree Trading Up 4.4%

NASDAQ:DLTR opened at $131.04 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. The stock has a market capitalization of $24.59 billion, a PE ratio of 16.00, a price-to-earnings-growth ratio of 1.16 and a beta of 0.71. The firm’s 50 day moving average is $122.08 and its 200 day moving average is $115.35. Dollar Tree, Inc. has a 12 month low of $85.88 and a 12 month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%. The business had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. During the same period in the prior year, the company earned $0.77 earnings per share. Dollar Tree’s revenue was up 7.0% compared to the same quarter last year. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. Sell-side analysts expect that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

Dollar Tree declared that its board has authorized a stock repurchase program 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. Stock repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Insiders Place Their Bets

In related news, Director Stephanie Stahl sold 1,185 shares of Dollar Tree stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the sale, the director owned 4,089 shares of the company’s stock, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Robert Aflatooni sold 2,500 shares of the business’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $126.01, for a total value of $315,025.00. Following the completion of the sale, the insider owned 24,820 shares in the company, valued at $3,127,568.20. This represents a 9.15% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 7.10% of the stock is owned by corporate insiders.

About Dollar Tree

Dollar Tree, Inc (NASDAQ: DLTR) is a discount retailer that operates stores under the Dollar Tree brand in the United States and Canada. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, health and personal-care items, seasonal goods, toys, party supplies, crafts, and other general merchandise.

The company traces its history to 1986, when its first store opened in Norfolk, Virginia. It later expanded through organic growth and acquisitions, including its 2015 acquisition of Family Dollar, a chain serving primarily urban and rural communities with everyday household and grocery products.

Dollar Tree announced plans to separate from the Family Dollar business and completed the sale in 2025.