Caisse de depot et placement du Quebec Takes Position in Dollar Tree, Inc. $DLTR

Caisse de depot et placement du Quebec bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,786,391 shares of the company’s stock, valued at approximately $205,631,000. Caisse de depot et placement du Quebec owned 0.93% of Dollar Tree at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DLTR. Cullen Frost Bankers Inc. acquired a new stake in shares of Dollar Tree during the fourth quarter worth about $25,000. Reflection Asset Management acquired a new position in Dollar Tree in the 4th quarter valued at about $25,000. Covestor Ltd raised its stake in Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC lifted its position in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock worth $28,000 after acquiring an additional 97 shares during the period. Finally, Wilkerson Advisory Group LLC increased its holdings in shares of Dollar Tree by 80.1% in the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Stock Down 1.7%

DLTR stock opened at $132.18 on Thursday. The company’s 50 day simple moving average is $125.40 and its 200-day simple moving average is $114.65. The firm has a market capitalization of $25.40 billion, a PE ratio of 20.65, a P/E/G ratio of 1.53 and a beta of 0.64. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month 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 quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping the consensus estimate 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 the consensus estimate of $4.96 billion. During the same period in the previous year, the firm posted $1.26 EPS. The company’s quarterly revenue was up 7.2% compared to the same quarter last year. Equities analysts expect that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

Dollar Tree declared that its board has authorized a share buyback 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 typically an indication that the company’s leadership believes its stock is undervalued.

Key Dollar Tree News

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Analyst support remains favorable. Truist raised its price target from $136 to $138 while maintaining a Buy rating, and Telsey Advisory initiated or reiterated a Buy view. These actions suggest analysts see additional upside after the company’s recent momentum. Truist Dollar Tree price target article Telsey Advisory Buy article
• Positive Sentiment: Prior earnings momentum and potential for a beat are supporting sentiment. Dollar Tree’s latest reported quarter exceeded consensus estimates for both earnings and revenue, with sales growing year over year. Zacks is also highlighting the company among retailers that could outperform quarterly expectations, although this is a screening signal rather than a confirmed forecast. Zacks earnings article
• Neutral Sentiment: Options traders expect substantial volatility. Options pricing implies a potential move of roughly 9% following the earnings release, indicating that investors anticipate a meaningful reaction to guidance, traffic, margins and consumer spending trends. Dollar Tree options volatility article
• Negative Sentiment: Technical resistance and profit-taking may be limiting the stock. After a strong recent advance, technical analysts identify potential resistance near $141.50. Investors may be locking in gains or waiting for earnings confirmation, which helps explain the stock’s recent decrease despite positive analyst commentary. Dollar Tree technical analysis article

Wall Street Analysts Forecast Growth

DLTR has been the subject of several recent research reports. Raymond James Financial raised Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target for the company in a report on Wednesday, July 8th. Sanford C. Bernstein lifted their target price on shares of Dollar Tree from $124.00 to $127.00 and gave the company a “market perform” rating in a report on Friday, July 31st. Barclays lowered shares of Dollar Tree from an “overweight” rating to a “strong sell” rating in a research note on Wednesday, July 8th. BNP Paribas Exane increased their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a report on Friday, May 29th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. Ten equities 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 company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $125.27.

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.