L2 Asset Management LLC Has $7.46 Million Stock Position in Dollar Tree, Inc. $DLTR

L2 Asset Management LLC increased its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 119.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,666 shares of the company’s stock after buying an additional 33,073 shares during the period. Dollar Tree accounts for approximately 1.0% of L2 Asset Management LLC’s holdings, making the stock its 25th biggest holding. L2 Asset Management LLC’s holdings in Dollar Tree were worth $7,462,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DLTR. EdgePoint Investment Group Inc. raised its holdings in Dollar Tree by 2.9% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock worth $1,051,110,000 after purchasing an additional 312,382 shares during the last quarter. State Street Corp raised its holdings in Dollar Tree by 3.5% during the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after purchasing an additional 319,938 shares during the last quarter. Primecap Management Co. CA raised its holdings in Dollar Tree by 6.8% during the 3rd quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock worth $395,792,000 after purchasing an additional 268,539 shares during the last quarter. Alliancebernstein L.P. raised its holdings in Dollar Tree by 4.8% during the 3rd quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after purchasing an additional 180,364 shares during the last quarter. Finally, Invesco Ltd. raised its holdings in Dollar Tree by 6.6% during the 3rd quarter. Invesco Ltd. now owns 2,679,797 shares of the company’s stock worth $252,892,000 after purchasing an additional 165,732 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $112.88 on Tuesday. 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 stock has a market cap of $21.69 billion, a PE ratio of 17.64, a price-to-earnings-growth ratio of 1.30 and a beta of 0.66. The stock has a 50-day moving average of $101.63 and a 200-day moving average of $114.72. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analysts’ expectations 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 period in the prior year, the business posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 6.98 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts have weighed in on DLTR shares. Barclays dropped their price objective on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating for the company in a report on Tuesday, May 26th. Citigroup dropped their price objective on Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, March 17th. Gordon Haskett raised Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a report on Thursday, June 4th. The Goldman Sachs Group dropped their price objective on Dollar Tree from $115.00 to $105.00 and set a “sell” rating for the company in a report on Friday, May 29th. Finally, Freedom Capital cut Dollar Tree from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 28th. Eight analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and an average price target of $119.48.

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.