California State Teachers Retirement System Boosts Stock Holdings in Dollar Tree, Inc. $DLTR

California State Teachers Retirement System boosted its stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 10.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 288,980 shares of the company's stock after purchasing an additional 26,642 shares during the quarter. California State Teachers Retirement System owned about 0.15% of Dollar Tree worth $34,952,131 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of DLTR. Alan B Lancz & Associates Inc. acquired a new position in shares of Dollar Tree in the second quarter valued at $218,000. Saudi Central Bank raised its stake in shares of Dollar Tree by 88.2% during the second quarter. Saudi Central Bank now owns 13,120 shares of the company's stock valued at $1,587,000 after acquiring an additional 6,147 shares during the last quarter. AlphaGrep UK Ltd bought a new stake in Dollar Tree during the 2nd quarter valued at $521,000. Raiffeisen Bank International AG increased its holdings in Dollar Tree by 104.9% in the 2nd quarter. Raiffeisen Bank International AG now owns 13,779 shares of the company's stock worth $1,690,000 after acquiring an additional 7,053 shares during the last quarter. Finally, Syon Capital LLC boosted its holdings in shares of Dollar Tree by 15.2% in the 2nd quarter. Syon Capital LLC now owns 8,262 shares of the company's stock worth $999,000 after purchasing an additional 1,089 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DLTR. Sanford C. Bernstein reiterated a "market perform" rating and issued a $130.00 price target on shares of Dollar Tree in a research note on Friday, August 28th. The Goldman Sachs Group reiterated a "neutral" rating and set a $131.00 target price on shares of Dollar Tree in a research report on Monday, August 31st. BMO Capital Markets reaffirmed a "market perform" rating and issued a $135.00 price objective on shares of Dollar Tree in a research report on Friday, August 28th. 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 note on Thursday, June 4th. Finally, Bank of America reissued an "underperform" rating on shares of Dollar Tree in a report on Thursday, May 28th. Eleven research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $131.68.

Dollar Tree Price Performance

DLTR stock traded down $4.83 during midday trading on Tuesday, hitting $114.34. The company's stock had a trading volume of 1,806,003 shares, compared to its average volume of 3,211,702. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 12 month low of $84.71 and a 12 month high of $142.40. The firm has a market capitalization of $21.45 billion, a price-to-earnings ratio of 13.94, a price-to-earnings-growth ratio of 1.09 and a beta of 0.66. The company has a 50 day moving average of $127.22 and a two-hundred day moving average of $114.45.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $1.15 by $1.55. The firm had revenue of $4.89 billion during the quarter, compared to analyst estimates of $4.86 billion. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.Dollar Tree's revenue for the quarter was up 7.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.77 EPS. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. On average, analysts expect that Dollar Tree, Inc. will post 7.95 EPS for the current year.

Dollar Tree announced that its Board of Directors has initiated a stock repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to reacquire up to 10.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Insider Activity

In other Dollar Tree news, Director Stephanie Stahl sold 1,185 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $131.47, for a total value of $155,791.95. Following the completion of the transaction, the director directly owned 4,089 shares in the company, valued at approximately $537,580.83. This trade represents a 22.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Robert Aflatooni sold 2,500 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $126.01, for a total transaction of $315,025.00. Following the transaction, the insider owned 24,820 shares of the company's stock, valued at approximately $3,127,568.20. The trade was a 9.15% decrease in their position. The SEC filing for this sale provides additional information. 7.10% of the stock is currently owned by insiders.

About Dollar Tree

Dollar Tree, Inc operates discount variety stores under the Dollar Tree brand. Its stores offer a broad selection of merchandise at value-oriented prices, including consumable products, household supplies, seasonal items, toys, health and personal-care products, and other general merchandise. Product assortments may include both nationally recognized brands and private-label goods.

The company traces its origins to discount retail operations established in the 1950s and adopted the Dollar Tree name in the early 1990s.

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