Renaissance Technologies LLC Sells 191,403 Shares of Dollar Tree, Inc. $DLTR

Renaissance Technologies LLC decreased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 93.5% in the first quarter, Holdings Channel reports. The institutional investor owned 13,300 shares of the company’s stock after selling 191,403 shares during the quarter. Renaissance Technologies LLC’s holdings in Dollar Tree were worth $1,456,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Wealthfront Advisers LLC increased its holdings in shares of Dollar Tree by 13.7% in the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock valued at $8,431,000 after buying an additional 9,288 shares in the last quarter. Hanseatic Management Services Inc. bought a new stake in shares of Dollar Tree during the 1st quarter worth $950,000. Arrowstreet Capital Limited Partnership boosted its stake in shares of Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock worth $224,106,000 after acquiring an additional 81,695 shares in the last quarter. Capital International Inc. CA grew its holdings in shares of Dollar Tree by 1,920.0% in the 4th quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock worth $14,283,000 after acquiring an additional 110,361 shares during the last quarter. Finally, Hsbc Holdings PLC grew its holdings in shares of Dollar Tree by 10.4% in the 1st quarter. Hsbc Holdings PLC now owns 646,333 shares of the company’s stock worth $70,363,000 after acquiring an additional 60,955 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

DLTR has been the subject of several analyst reports. Piper Sandler reduced their target price on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a report on Tuesday, May 26th. Benchmark began coverage on Dollar Tree in a research note on Wednesday, July 8th. They issued a “hold” rating on the stock. JPMorgan Chase & Co. boosted their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. BMO Capital Markets upped their price objective on shares of Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a research note on Tuesday. Finally, Freedom Capital downgraded shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. 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.com, the stock has an average rating of “Hold” and a consensus target price of $122.95.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $128.61 on Thursday. The company has a market capitalization of $24.72 billion, a price-to-earnings ratio of 20.10, a P/E/G ratio of 1.46 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 current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The stock’s fifty day simple moving average is $121.26 and its 200-day simple moving average is $113.91.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the prior year, the business earned $1.26 EPS. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, sell-side analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has approved a share buyback plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.

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.