The Manufacturers Life Insurance Company Has $10.83 Million Stake in Dollar Tree, Inc. $DLTR

The Manufacturers Life Insurance Company lowered its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 6.9% in the first quarter, HoldingsChannel.com reports. The firm owned 98,935 shares of the company’s stock after selling 7,284 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Dollar Tree were worth $10,834,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new position in shares of Dollar Tree during the fourth quarter worth approximately $25,000. Reflection Asset Management bought a new stake in shares of Dollar Tree in the fourth quarter valued at approximately $25,000. Covestor Ltd boosted its stake in shares of Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the period. Wilkerson Advisory Group LLC grew its position in Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after buying an additional 117 shares in the last quarter. Finally, DV Equities LLC bought a new position in Dollar Tree during the 4th quarter worth $32,000. Institutional investors and hedge funds own 97.40% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on DLTR shares. Morgan Stanley lifted their price objective on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. Wall Street Zen cut Dollar Tree from a “buy” rating to a “hold” rating in a research report on Saturday. UBS Group reaffirmed a “buy” rating on shares of Dollar Tree in a research note on Friday, July 10th. Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Finally, Guggenheim raised their target price 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. Ten investment 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’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $122.82.

Dollar Tree Price Performance

DLTR stock opened at $129.35 on Tuesday. The company has a 50 day simple moving average of $118.18 and a 200 day simple moving average of $114.25. The stock has a market cap of $24.86 billion, a price-to-earnings ratio of 20.21, a P/E/G ratio of 1.45 and a beta of 0.64. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the business posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

Dollar Tree announced that its board has authorized a stock buyback plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is 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.