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

Caisse de depot et placement du Quebec purchased a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 828,942 shares of the company’s stock, valued at approximately $100,261,000.

Several other hedge funds also recently added to or reduced their stakes in the company. Man Group plc purchased a new stake in Dollar Tree in the 2nd quarter worth about $21,150,000. Western Wealth Management LLC purchased a new position in shares of Dollar Tree during the second quarter valued at approximately $339,000. Jupiter Topco LLC bought a new position in shares of Dollar Tree during the second quarter valued at approximately $2,720,000. EFG International AG bought a new position in shares of Dollar Tree during the second quarter valued at approximately $30,000. Finally, Ancora Advisors LLC purchased a new stake in shares of Dollar Tree in the second quarter worth approximately $620,000. 97.40% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on DLTR. BNP Paribas Exane raised their price target on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Freedom Capital downgraded Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. BMO Capital Markets increased their target price on Dollar Tree from $90.00 to $98.00 and gave the stock an “underperform” rating in a research note on Tuesday, August 11th. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday, July 8th. Finally, Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a research note on Thursday, June 4th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus price target of $125.27.

Dollar Tree Price Performance

Shares of DLTR opened at $132.18 on Thursday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The company has a 50 day moving average price of $125.40 and a 200-day moving average price of $114.65. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The stock has a market capitalization of $25.40 billion, a PE ratio of 20.65, a PEG ratio of 1.53 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.21. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree’s revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company posted $1.26 earnings per share. Equities analysts predict that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

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

Key Dollar Tree News

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.