Dollar Tree, Inc. $DLTR Shares Bought by Hsbc Holdings PLC

Hsbc Holdings PLC grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 10.4% in the 1st quarter, Holdings Channel reports. The firm owned 646,333 shares of the company’s stock after acquiring an additional 60,955 shares during the quarter. Hsbc Holdings PLC’s holdings in Dollar Tree were worth $70,363,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in DLTR. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree in the 4th quarter worth approximately $25,000. Reflection Asset Management bought a new position in Dollar Tree during the 4th quarter worth $25,000. Covestor Ltd increased its position in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after buying an additional 84 shares during the period. YANKCOM Partnership bought a new stake in Dollar Tree in the fourth quarter valued at $31,000. Finally, DV Equities LLC bought a new stake in Dollar Tree in the fourth quarter valued at $32,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Price Performance

Shares of DLTR opened at $125.94 on Monday. Dollar Tree, Inc. has a one year low of $84.71 and a one year high of $142.40. The stock’s fifty day moving average is $110.73 and its 200-day moving average is $114.62. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The firm has a market capitalization of $24.20 billion, a price-to-earnings ratio of 19.68, a price-to-earnings-growth ratio of 1.44 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.21. The business 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%. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree announced that its Board of Directors has authorized 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 repurchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DLTR. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Freedom Capital downgraded shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. UBS Group reissued a “buy” rating on shares of Dollar Tree in a research note on Friday, July 10th. Guggenheim upped their target price on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Finally, JPMorgan Chase & Co. raised their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $122.68.

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.