Swiss National Bank Buys 23,500 Shares of Dollar Tree, Inc. $DLTR

Swiss National Bank lifted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 4.4% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 554,481 shares of the company’s stock after buying an additional 23,500 shares during the quarter. Swiss National Bank’s holdings in Dollar Tree were worth $60,721,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Alliancebernstein L.P. lifted its position in Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after acquiring an additional 2,393,172 shares during the last quarter. Norges Bank acquired a new position in shares of Dollar Tree in the fourth quarter valued at approximately $260,858,000. AQR Capital Management LLC grew its position in shares of Dollar Tree by 906.5% in the second quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock valued at $124,973,000 after purchasing an additional 1,148,649 shares during the last quarter. Bank of Montreal Can increased its stake in shares of Dollar Tree by 663.5% during the fourth quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock worth $159,457,000 after purchasing an additional 1,126,505 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of Dollar Tree by 104.0% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,740,157 shares of the company’s stock worth $164,219,000 after purchasing an additional 886,964 shares during the period. Institutional investors own 97.40% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DLTR shares. Evercore upgraded Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. The Goldman Sachs Group cut Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. BNP Paribas Exane lifted their target price on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a report on Friday, May 29th. Guggenheim boosted their target price on shares of Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a research report on Friday, May 29th. Finally, Jefferies Financial Group upgraded shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree has a consensus rating of “Hold” and an average price target of $122.68.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $125.74 on Wednesday. The firm’s 50 day simple moving average is $112.19 and its 200 day simple moving average is $114.65. The firm has a market capitalization of $24.16 billion, a price-to-earnings ratio of 19.65, a P/E/G ratio of 1.44 and a beta of 0.65. 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 1 year low of $84.71 and a 1 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 the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same period in the previous year, the business earned $1.26 earnings per share. The company’s revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has authorized a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s leadership believes its stock is undervalued.

Dollar Tree Company 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.