Louisiana State Employees Retirement System Makes New $1.03 Million Investment in Dollar Tree, Inc. $DLTR

Louisiana State Employees Retirement System purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 1st quarter, Holdings Channel reports. The firm purchased 9,400 shares of the company’s stock, valued at approximately $1,029,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree in the fourth quarter worth $25,000. Reflection Asset Management bought a new position in Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd grew its position in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares in the last quarter. YANKCOM Partnership acquired a new stake in Dollar Tree in the 4th quarter valued at $31,000. Finally, DV Equities LLC acquired a new stake in Dollar Tree in the 4th quarter valued at $32,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $124.05 on Friday. The stock has a market cap of $23.84 billion, a P/E ratio of 19.38, a P/E/G ratio of 1.42 and a beta of 0.65. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company has a fifty day moving average price of $105.34 and a two-hundred day moving average price of $114.74. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.74 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 the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The company’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last 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 6.98 EPS for the current year.

Dollar Tree declared that its Board of Directors has authorized a share repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

DLTR has been the topic of several analyst reports. Guggenheim boosted their price target on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Barclays decreased their price objective on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Weiss Ratings raised Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Sanford C. Bernstein increased their price target on Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Friday, May 29th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $119.48.

About Dollar Tree

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.