Sterling Capital Management LLC Cuts Stock Position in Dollar Tree, Inc. $DLTR

Sterling Capital Management LLC cut its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 16.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 21,881 shares of the company’s stock after selling 4,294 shares during the quarter. Sterling Capital Management LLC’s holdings in Dollar Tree were worth $2,396,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of DLTR. EdgePoint Investment Group Inc. grew its stake in Dollar Tree by 2.9% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock worth $1,051,110,000 after buying an additional 312,382 shares during the last quarter. State Street Corp lifted its stake 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 purchasing an additional 319,938 shares during the period. Alliancebernstein L.P. boosted its holdings in Dollar Tree by 4.8% during the third quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after buying an additional 180,364 shares in the last quarter. Invesco Ltd. grew its position in Dollar Tree by 1.5% during the fourth 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. Finally, Dimensional Fund Advisors LP increased its holdings in Dollar Tree by 6.3% in the third quarter. Dimensional Fund Advisors LP now owns 2,653,897 shares of the company’s stock valued at $250,445,000 after buying an additional 156,633 shares in the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Dollar Tree Price Performance

DLTR stock opened at $123.87 on Monday. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The firm has a 50-day moving average of $103.46 and a two-hundred day moving average of $114.78. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The company has a market cap of $23.81 billion, a price-to-earnings ratio of 19.35, a PEG ratio of 1.42 and a beta of 0.66.

Dollar Tree (NASDAQ:DLTR) last issued its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share 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 business had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. During the same period in the previous year, the firm posted $1.26 EPS. The business’s revenue for the quarter 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, analysts forecast that Dollar Tree, Inc. will post 6.98 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

DLTR has been the topic of a number of analyst reports. Barclays dropped their target price on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. The Goldman Sachs Group lowered their price target on Dollar Tree from $115.00 to $105.00 and set a “sell” rating on the stock in a research report on Friday, May 29th. UBS Group set a $124.00 price objective on Dollar Tree in a report on Thursday, May 28th. Sanford C. Bernstein boosted their price objective on Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research report on Friday, May 29th. Finally, Piper Sandler reduced their target price on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Eight analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $119.48.

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.