Plato Investment Management Ltd Buys Shares of 5,410 Dollar Tree, Inc. $DLTR

Plato Investment Management Ltd purchased a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,410 shares of the company’s stock, valued at approximately $651,000.

Several other hedge funds have also recently modified their holdings of DLTR. Alliancebernstein L.P. boosted its stake in shares of Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock valued at $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. Norges Bank bought a new position in Dollar Tree in the fourth quarter worth approximately $260,858,000. AQR Capital Management LLC lifted its holdings in Dollar Tree by 906.5% during the second quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock worth $124,973,000 after buying an additional 1,148,649 shares during the period. Bank of Montreal Can boosted its position in Dollar Tree by 663.5% during the 4th quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock valued at $159,457,000 after acquiring an additional 1,126,505 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Dollar Tree during the 2nd quarter valued at $110,626,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently commented on DLTR shares. Deutsche Bank Aktiengesellschaft boosted their price target on Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. 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. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Finally, Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $123.41.

Dollar Tree Stock Performance

Shares of NASDAQ DLTR opened at $130.48 on Wednesday. The company has a 50 day simple moving average of $122.88 and a two-hundred day simple moving average of $114.07. The stock has a market cap of $25.08 billion, a price-to-earnings ratio of 20.39, a PEG ratio of 1.48 and a beta of 0.64. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40.

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

Dollar Tree declared that its board has authorized a share buyback plan on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock buyback plans are generally 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.