135,291 Shares in Dollar Tree, Inc. $DLTR Purchased by Korea Investment CORP

Korea Investment CORP bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 135,291 shares of the company's stock, valued at approximately $15,573,000. Korea Investment CORP owned approximately 0.07% of Dollar Tree as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the stock. Cullen Frost Bankers Inc. acquired a new position in shares of Dollar Tree during the fourth quarter valued at approximately $25,000. Reflection Asset Management acquired a new stake in Dollar Tree in the fourth quarter worth approximately $25,000. Covestor Ltd boosted 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 purchasing an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC boosted its stake in Dollar Tree by 59.9% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock valued at $28,000 after purchasing an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC increased its position in shares of Dollar Tree by 80.1% during the 1st 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. 97.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on DLTR shares. Wells Fargo & Company upped their price objective on Dollar Tree from $145.00 to $155.00 and gave the company an "overweight" rating in a report on Monday, August 17th. Wall Street Zen raised Dollar Tree from a "hold" rating to a "buy" rating in a report on Saturday. Piper Sandler reduced their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a "neutral" rating for the company in a research report on Tuesday, May 26th. BNP Paribas Exane boosted their target price 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, Weiss Ratings upgraded shares of Dollar Tree from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, June 18th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $123.41.

Dollar Tree Stock Performance

Dollar Tree stock opened at $131.48 on Monday. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The firm has a market capitalization of $25.27 billion, a price-to-earnings ratio of 20.54, a P/E/G ratio of 1.50 and a beta of 0.64. The company has a 50 day moving average price of $123.93 and a 200 day moving average price of $114.35.

Dollar Tree (NASDAQ:DLTR - Get Free Report) 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 company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. The company's revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Research analysts forecast that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree announced that its board has initiated a share repurchase program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to buy up to 10.7% of its stock through open market purchases. Stock repurchase programs are often an indication that the company's leadership believes its shares are undervalued.

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.

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