Mitsubishi UFJ Asset Management Co. Ltd. Purchases Shares of 446,589 Dollar Tree, Inc. $DLTR

Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) in the second quarter, according to its most recent filing with the SEC. The firm purchased 446,589 shares of the company’s stock, valued at approximately $54,015,000.

Several other hedge funds have also recently made changes to their positions in DLTR. NewEdge Advisors LLC lifted its stake in shares of Dollar Tree by 3,237.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after purchasing an additional 13,338 shares during the period. Woodline Partners LP boosted its position in shares of Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock valued at $1,282,000 after purchasing an additional 4,941 shares in the last quarter. Focus Partners Wealth grew its stake in Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock worth $799,000 after purchasing an additional 213 shares during the period. Sivia Capital Partners LLC acquired a new stake in Dollar Tree during the second quarter worth approximately $257,000. Finally, CW Advisors LLC bought a new stake in Dollar Tree in the second quarter worth approximately $264,000. 97.40% of the stock is owned by institutional investors.

Dollar Tree Stock Up 1.0%

Shares of NASDAQ DLTR opened at $131.84 on Thursday. 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 company has a 50-day moving average price of $123.31 and a 200-day moving average price of $114.18. The stock has a market capitalization of $25.34 billion, a P/E ratio of 20.60, a P/E/G ratio of 1.49 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.

Dollar Tree (NASDAQ:DLTR) last posted its earnings results 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 net margin of 6.51% and a return on equity of 35.19%. The company had revenue of $4.98 billion for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the business posted $1.26 EPS. The firm’s revenue was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts forecast that Dollar Tree, Inc. will post 7 EPS for the current fiscal year.

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

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Guggenheim raised their price objective 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. Piper Sandler lowered their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Truist Financial dropped their target price on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. Finally, Wall Street Zen lowered shares of Dollar Tree from a “buy” rating to a “hold” rating in a research note on Saturday, August 1st. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $123.41.

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.