Ritholtz Wealth Management Raises Holdings in Dollar Tree, Inc. $DLTR

Ritholtz Wealth Management grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 129.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,971 shares of the company’s stock after acquiring an additional 10,153 shares during the quarter. Ritholtz Wealth Management’s holdings in Dollar Tree were worth $1,968,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC grew its holdings in shares of Dollar Tree by 261.9% during the fourth quarter. SG Americas Securities LLC now owns 177,196 shares of the company’s stock valued at $21,797,000 after buying an additional 128,230 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in Dollar Tree by 54.2% during the 4th quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock worth $82,509,000 after acquiring an additional 235,626 shares during the period. Nordea Investment Management AB grew its stake in Dollar Tree by 18.0% during the 4th quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock valued at $106,110,000 after purchasing an additional 130,741 shares during the last quarter. Fairfax Financial Holdings Ltd. Can acquired a new position in shares of Dollar Tree in the third quarter valued at about $4,186,000. Finally, Korea Investment CORP raised its stake in shares of Dollar Tree by 64.4% in the third quarter. Korea Investment CORP now owns 249,919 shares of the company’s stock worth $23,585,000 after purchasing an additional 97,866 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on DLTR shares. 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. UBS Group set a $124.00 price objective on shares of Dollar Tree in a report 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. BTIG Research reaffirmed a “neutral” rating on shares of Dollar Tree in a report on Monday, March 9th. Finally, Piper Sandler cut their price target on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Eight equities research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $119.48.

Dollar Tree Price Performance

NASDAQ:DLTR opened at $123.87 on Friday. 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 firm has a market cap of $23.81 billion, a price-to-earnings ratio of 19.35, a price-to-earnings-growth ratio of 1.42 and a beta of 0.66. The company has a 50 day moving average price of $103.46 and a 200-day moving average price of $114.82. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts forecast that Dollar Tree, Inc. will post 6.98 EPS for the current year.

Dollar Tree Company 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.