535,970 Shares in Dollar Tree, Inc. $DLTR Acquired by Mitsubishi UFJ Asset Management Co. Ltd.

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, HoldingsChannel.com reports. The firm purchased 535,970 shares of the company’s stock, valued at approximately $61,696,000.

Several other institutional investors also recently modified their holdings of the stock. NewEdge Advisors LLC lifted its position in shares of Dollar Tree by 3,237.4% during the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after acquiring an additional 13,338 shares during the last quarter. Woodline Partners LP boosted its stake in shares of Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after acquiring an additional 4,941 shares in the last quarter. Focus Partners Wealth grew its holdings in shares of Dollar Tree by 2.0% in the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after acquiring an additional 213 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Dollar Tree in the 2nd quarter worth $257,000. Finally, CW Advisors LLC acquired a new stake in shares of Dollar Tree during the second quarter worth $264,000. Institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Up 1.0%

NASDAQ:DLTR opened at $131.84 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 fifty-two week low of $84.71 and a fifty-two week high of $142.40. The stock’s 50-day moving average is $123.31 and its two-hundred day moving average is $114.18. The stock has a market cap of $25.34 billion, a PE ratio of 20.60, a price-to-earnings-growth ratio of 1.49 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR) last issued 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%.The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities research analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has initiated a share repurchase program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Wall Street Analyst Weigh In

DLTR has been the subject of several analyst reports. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Wells Fargo & Company lifted their price target on Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday. Piper Sandler cut their price objective on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. Benchmark assumed coverage on shares of Dollar Tree in a research note on Wednesday, July 8th. They set a “hold” rating for the company. Finally, UBS Group reiterated a “buy” rating on shares of Dollar Tree in a report on Monday. 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’s stock. According to data from MarketBeat.com, Dollar Tree currently has an average rating of “Hold” and a consensus price target of $123.41.

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.