Mediolanum International Funds Ltd Sells 45,942 Shares of Dollar Tree, Inc. $DLTR

Mediolanum International Funds Ltd reduced its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 94.6% in the first quarter, Holdings Channel reports. The fund owned 2,604 shares of the company’s stock after selling 45,942 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Dollar Tree were worth $275,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp increased its position in Dollar Tree by 3.5% in the third 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. Alliancebernstein L.P. grew its stake in shares of Dollar Tree by 176.9% in the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after buying an additional 2,393,172 shares in the last quarter. Invesco Ltd. increased its holdings in shares of Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after buying an additional 39,506 shares during the last quarter. Norges Bank purchased a new stake in shares of Dollar Tree during the 4th quarter valued at about $260,858,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after buying an additional 81,695 shares in the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DLTR has been the topic of several analyst reports. The Goldman Sachs Group cut Dollar Tree from a “neutral” rating to a “hold” rating in a research note on Wednesday, July 8th. Benchmark assumed coverage on Dollar Tree in a research report on Wednesday, July 8th. They set a “hold” rating on the stock. Bank of America restated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Raymond James Financial raised shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective for the company in a research note on Wednesday, July 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Ten research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $122.68.

Dollar Tree Trading Down 2.9%

Shares of NASDAQ:DLTR opened at $122.15 on Thursday. The company has a market capitalization of $23.47 billion, a PE ratio of 19.09, a P/E/G ratio of 1.44 and a beta of 0.65. 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, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The business’s fifty day simple moving average is $112.90 and its 200-day simple moving average is $114.64.

Dollar Tree (NASDAQ:DLTR) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The firm had revenue of $4.98 billion during the quarter, compared to analysts’ expectations of $4.96 billion. During the same period in the prior year, the business posted $1.26 EPS. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities research analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its board has authorized a share repurchase plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

About Dollar Tree

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.