Danske Bank A S Invests $11.67 Million in Dollar Tree, Inc. $DLTR

Danske Bank A S bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the 2nd quarter, HoldingsChannel reports. The fund bought 96,522 shares of the company’s stock, valued at approximately $11,674,000.

Several other large investors also recently added to or reduced their stakes in DLTR. BlackRock Inc. purchased a new stake in shares of Dollar Tree in the 2nd quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC acquired a new stake in shares of Dollar Tree during the second quarter valued at about $1,176,661,000. State Street Corp boosted its position in shares of Dollar Tree by 3.5% during the 3rd 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 period. Alliancebernstein L.P. lifted its stake in Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after purchasing an additional 2,393,172 shares in the last quarter. Finally, Invesco Ltd. raised 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 valued at $334,501,000 after buying an additional 39,506 shares during the period. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $128.45 on Friday. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The business’s 50-day moving average price is $123.58 and its 200 day moving average price is $114.25. The firm has a market cap of $24.69 billion, a P/E ratio of 20.07, a P/E/G ratio of 1.50 and a beta of 0.64.

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

Dollar Tree announced that its board has approved a stock buyback program on Thursday, July 2nd that authorizes the company to buyback $2.50 billion in shares. This buyback authorization authorizes the company to reacquire up to 10.7% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

DLTR has been the topic of several recent research reports. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Freedom Capital cut shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Guggenheim increased their target price on Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a report on Friday, May 29th. Barclays cut Dollar Tree from an “overweight” rating to a “strong sell” rating in a research note on Wednesday, July 8th. Finally, Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $123.41.

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.