Citizens Financial Group Inc. RI Takes Position in Dollar Tree, Inc. $DLTR

Citizens Financial Group Inc. RI acquired a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 5,937 shares of the company’s stock, valued at approximately $683,000.

Other hedge funds have also modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of Dollar Tree during the second quarter worth $2,643,741,000. Alliancebernstein L.P. lifted its holdings 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 during the last quarter. Norges Bank purchased a new stake in shares of Dollar Tree during the fourth quarter valued at $260,858,000. AQR Capital Management LLC boosted its position in shares of Dollar Tree by 906.5% in the 2nd 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 period. Finally, Bank of Montreal Can boosted its position in shares of Dollar Tree by 663.5% in the 4th quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock valued at $159,457,000 after purchasing an additional 1,126,505 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Up 1.0%

DLTR opened at $131.84 on Thursday. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The business has a 50-day moving average of $123.31 and a 200-day moving average of $114.18. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company has a market capitalization 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 announced its quarterly earnings results 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 business had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm’s revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the company earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts forecast that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

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

Analyst Ratings Changes

A number of brokerages recently weighed in on DLTR. Morgan Stanley lifted their price target on Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research note on Thursday, June 4th. JPMorgan Chase & Co. raised their target price on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Sanford C. Bernstein lifted their target price on shares of Dollar Tree from $124.00 to $127.00 and gave the stock a “market perform” rating in a research report on Friday, July 31st. Finally, Bank of America restated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus 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.