1,322,425 Shares in Dollar Tree, Inc. $DLTR Purchased by Legal & General Group Plc

Legal & General Group Plc acquired a new stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 1,322,425 shares of the company’s stock, valued at approximately $159,947,000. Legal & General Group Plc owned approximately 0.69% of Dollar Tree as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of DLTR. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree in the fourth quarter worth approximately $25,000. Reflection Asset Management purchased a new position in Dollar Tree in the 4th quarter worth approximately $25,000. Covestor Ltd lifted its position in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC lifted its position in Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after acquiring an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC boosted its stake in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

Shares of DLTR opened at $132.18 on Thursday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. The firm has a market capitalization of $25.40 billion, a P/E ratio of 20.65, a PEG ratio of 1.53 and a beta of 0.64. The business has a fifty day moving average of $125.40 and a 200 day moving average of $114.65.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.Dollar Tree’s revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 earnings per share. As a group, sell-side analysts anticipate that Dollar Tree, Inc. will post 7.02 EPS for the current year.

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

Analyst Ratings Changes

DLTR has been the subject of several recent analyst reports. Benchmark began coverage on Dollar Tree in a research note on Wednesday, July 8th. They issued a “hold” rating for the company. UBS Group reiterated a “buy” rating on shares of Dollar Tree in a report on Monday, August 17th. The Goldman Sachs Group lowered Dollar Tree from a “neutral” rating to a “hold” rating in a research report on Wednesday, July 8th. BMO Capital Markets upped their target price on shares of Dollar Tree from $90.00 to $98.00 and gave the company an “underperform” rating in a research note on Tuesday, August 11th. Finally, Evercore upgraded shares of Dollar Tree from a “hold” rating to an “outperform” rating in a research note on Wednesday, July 8th. Ten 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, the company has an average rating of “Hold” and a consensus price target of $125.27.

Dollar Tree News Summary

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.