Bank of New York Mellon Corp Sells 118,252 Shares of Dollar Tree, Inc. $DLTR

Key Points

• Bank of New York Mellon reduced its Dollar Tree stake by 10.1% in the fourth quarter, selling 118,252 shares and leaving it with 1,047,955 shares valued at about $128.9 million.
• Dollar Tree reported better-than-expected quarterly results, with EPS of $1.74 versus $1.53 expected and revenue of $4.98 billion, while also raising its Q2 2026 guidance to $1.00-$1.15 EPS.
• Analyst sentiment remains mixed but generally cautious: several firms adjusted price targets, while the overall Wall Street consensus is still Hold with an average target price of $119.48.

Bank of New York Mellon Corp cut its holdings in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 10.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,047,955 shares of the company's stock after selling 118,252 shares during the period. Bank of New York Mellon Corp owned 0.53% of Dollar Tree worth $128,909,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DLTR. NewEdge Advisors LLC raised its position in Dollar Tree by 3,237.4% in the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock worth $1,032,000 after acquiring an additional 13,338 shares during the period. Woodline Partners LP increased its stake in shares of Dollar Tree by 40.7% in the first quarter. Woodline Partners LP now owns 17,078 shares of the company's stock worth $1,282,000 after purchasing an additional 4,941 shares in the last quarter. Focus Partners Wealth increased its stake in shares of Dollar Tree by 2.0% in the first quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock worth $799,000 after purchasing an additional 213 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Dollar Tree in the second quarter worth $257,000. Finally, CW Advisors LLC purchased a new stake in shares of Dollar Tree in the second quarter worth $264,000. 97.40% of the stock is currently owned by institutional investors.

Dollar Tree Stock Performance

DLTR opened at $108.80 on Friday. The stock has a market capitalization of $20.91 billion, a price-to-earnings ratio of 17.00, a PEG ratio of 1.33 and a beta of 0.66. The company has a fifty day moving average of $101.10 and a 200 day moving average of $114.19. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two 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.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to analysts' expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. Dollar Tree's quarterly revenue was up 7.2% on a year-over-year basis. During the same period last year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts forecast that Dollar Tree, Inc. will post 6.98 earnings per share for the current fiscal year.

Key Headlines Impacting Dollar Tree

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Gordon Haskett upgraded Dollar Tree from “reduce” to “hold” and assigned a $115 price target, implying modest upside from recent trading levels. This suggests some analysts see less downside risk after the company’s latest results.
• Positive Sentiment: KeyCorp raised its FY2027 EPS estimate to $7.05 and FY2028 EPS estimate to $7.70, signaling confidence in Dollar Tree’s longer-term earnings power and margin outlook.
• Positive Sentiment: Analyst coverage following the Q1 earnings call is still active, with investors focused on the main questions around growth, pricing, tariffs, and margin sustainability. Article Title
• Neutral Sentiment: Deutsche Bank nudged its price target up to $102 from $99 but kept a “hold” rating, indicating cautious optimism rather than a bullish call. Article Title
• Neutral Sentiment: Brokerage consensus remains “Hold,” which fits a market that sees Dollar Tree as fairly valued after its post-earnings move and recent analyst revisions. Article Title
• Negative Sentiment: KeyCorp trimmed some near-term quarterly EPS estimates, including Q3 2027 and Q4 2027, showing that not all analysts are becoming more bullish on the company’s shorter-term earnings trajectory.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the stock. Bank of America reissued an "underperform" rating on shares of Dollar Tree in a research note on Thursday, May 28th. Telsey Advisory Group reissued an "outperform" rating and issued a $150.00 price objective on shares of Dollar Tree in a research note on Tuesday, March 17th. Barclays reduced their price objective on shares of Dollar Tree from $149.00 to $131.00 and set an "overweight" rating for the company in a research note on Tuesday, May 26th. UBS Group set a $124.00 price objective on shares of Dollar Tree in a research note on Thursday, May 28th. Finally, The Goldman Sachs Group reduced their price objective on shares of Dollar Tree from $115.00 to $105.00 and set a "sell" rating for the company in a research note on Friday, May 29th. Eight equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat, Dollar Tree currently has an average rating of "Hold" and a consensus target price of $119.48.

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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