T. Rowe Price Investment Management Inc. Sells 1,204,635 Shares of Dollar Tree, Inc. $DLTR

T. Rowe Price Investment Management Inc. reduced its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 14.4% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 7,143,569 shares of the company’s stock after selling 1,204,635 shares during the period. T. Rowe Price Investment Management Inc.’s holdings in Dollar Tree were worth $878,731,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. EdgePoint Investment Group Inc. lifted its position in Dollar Tree by 2.9% in the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock valued at $1,051,110,000 after acquiring an additional 312,382 shares in the last quarter. State Street Corp boosted its stake in Dollar Tree by 3.5% in 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. Primecap Management Co. CA increased its holdings in Dollar Tree by 6.8% during the 3rd quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock worth $395,792,000 after purchasing an additional 268,539 shares in the last quarter. Alliancebernstein L.P. raised its stake in shares of Dollar Tree by 4.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock valued at $370,552,000 after purchasing an additional 180,364 shares during the period. Finally, Invesco Ltd. raised its stake 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 purchasing an additional 39,506 shares during the period. Institutional investors own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Weiss Ratings cut Dollar Tree from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Tuesday, June 2nd. Truist Financial dropped their target price on Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research report on Wednesday, May 27th. BMO Capital Markets restated an “underperform” rating on shares of Dollar Tree in a research note on Tuesday, March 17th. Barclays reduced their price target on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating for the company in a research report on Tuesday, May 26th. Finally, Guggenheim raised their price target on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, May 29th. Eight investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $119.48.

Dollar Tree Trading Up 4.9%

Dollar Tree stock opened at $111.65 on Friday. The company has a market cap of $21.46 billion, a price-to-earnings ratio of 17.45, a P/E/G ratio of 1.22 and a beta of 0.66. The firm has a 50-day moving average of $101.69 and a 200-day moving average of $114.71. 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, Inc. has a one year low of $84.71 and a one year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating 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 business had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the previous year, the business earned $1.26 earnings per share. Dollar Tree’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. On average, equities analysts expect that Dollar Tree, Inc. will post 6.98 earnings per share for the current fiscal year.

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.