Kentucky Retirement Systems Has $1.88 Million Holdings in Dollar Tree, Inc. $DLTR

Kentucky Retirement Systems raised its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 38.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,181 shares of the company’s stock after buying an additional 4,806 shares during the quarter. Kentucky Retirement Systems’ holdings in Dollar Tree were worth $1,881,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. State Street Corp lifted its position in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after acquiring an additional 319,938 shares in the last quarter. Alliancebernstein L.P. grew its position in Dollar Tree by 176.9% during the 2nd 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. Invesco Ltd. grew its position in Dollar Tree by 1.5% during the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after purchasing an additional 39,506 shares in the last quarter. Norges Bank acquired a new stake in Dollar Tree during the 4th quarter valued at $260,858,000. Finally, Arrowstreet Capital Limited Partnership raised its stake in Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares during the period. 97.40% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on DLTR. Evercore raised Dollar Tree from a “hold” rating to an “outperform” rating in a research report on Wednesday, July 8th. BNP Paribas Exane increased their price objective on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective for the company in a research report on Thursday, June 4th. Bank of America reiterated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, JPMorgan Chase & Co. increased their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $122.68.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $128.57 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The business has a fifty day simple moving average of $116.85 and a 200 day simple moving average of $114.38. The firm has a market cap of $24.71 billion, a price-to-earnings ratio of 20.09, a P/E/G ratio of 1.47 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 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 firm 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 company posted $1.26 earnings per share. The business’s quarterly 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. As a group, sell-side analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree declared that its board has approved a share repurchase program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

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.