London Co. of Virginia Lowers Stock Position in Dollar Tree, Inc. $DLTR

London Co. of Virginia cut its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 6.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,537,874 shares of the company’s stock after selling 169,241 shares during the period. Dollar Tree accounts for 1.8% of London Co. of Virginia’s holdings, making the stock its 19th biggest position. London Co. of Virginia owned about 1.28% of Dollar Tree worth $312,184,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Captrust Financial Advisors boosted its holdings in Dollar Tree by 11.5% during the fourth quarter. Captrust Financial Advisors now owns 16,266 shares of the company’s stock worth $2,001,000 after buying an additional 1,672 shares in the last quarter. Magnetar Financial LLC purchased a new stake in Dollar Tree during the fourth quarter worth $2,412,000. Nicholas Wealth LLC. lifted its holdings in Dollar Tree by 10.1% during the fourth quarter. Nicholas Wealth LLC. now owns 11,118 shares of the company’s stock valued at $1,368,000 after purchasing an additional 1,018 shares in the last quarter. L2 Asset Management LLC lifted its holdings in Dollar Tree by 119.9% during the fourth quarter. L2 Asset Management LLC now owns 60,666 shares of the company’s stock valued at $7,462,000 after purchasing an additional 33,073 shares in the last quarter. Finally, OCONNOR A Distinct Business Unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Dollar Tree during the fourth quarter valued at $1,230,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have issued reports on DLTR shares. Wall Street Zen raised shares of Dollar Tree from a “hold” rating to a “buy” rating in a report on Saturday, June 6th. Guggenheim increased their price objective on shares of Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a report on Friday, May 29th. Sanford C. Bernstein increased their price objective on shares of Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a report on Friday, May 29th. Jefferies Financial Group reaffirmed an “underperform” rating and set a $85.00 price objective on shares of Dollar Tree in a report on Friday, May 29th. Finally, Evercore set a $140.00 price objective on shares of Dollar Tree in a report on Monday, May 18th. Eight research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $119.48.

Dollar Tree Stock Performance

DLTR opened at $110.74 on Wednesday. The firm has a market capitalization of $21.28 billion, a PE ratio of 17.30, a PEG ratio of 1.29 and a beta of 0.66. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40. The firm’s 50-day moving average price is $101.68 and its 200 day moving average price is $114.73. 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 (NASDAQ:DLTR) last released its quarterly earnings data 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 the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree’s quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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 EPS for the current fiscal year.

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.