Daiichi Life Insurance Co. Ltd. Buys New Position in Dollar Tree, Inc. $DLTR

Daiichi Life Insurance Co. Ltd. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 8,034 shares of the company's stock, valued at approximately $972,000.

A number of other hedge funds have also added to or reduced their stakes in DLTR. NewEdge Advisors LLC grew its holdings 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 purchasing an additional 13,338 shares during the period. Woodline Partners LP increased its stake in Dollar Tree by 40.7% in the first quarter. Woodline Partners LP now owns 17,078 shares of the company's stock valued at $1,282,000 after purchasing an additional 4,941 shares in the last quarter. Focus Partners Wealth raised its holdings in shares of Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock valued at $799,000 after purchasing an additional 213 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Dollar Tree during the second quarter valued at about $257,000. Finally, CW Advisors LLC bought a new position in shares of Dollar Tree during the 2nd quarter worth about $264,000. 97.40% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have recently commented on DLTR shares. Morgan Stanley raised their target price on Dollar Tree from $126.00 to $130.00 and gave the company an "equal weight" rating in a research note on Friday, May 29th. Evercore raised Dollar Tree from a "hold" rating to an "outperform" rating in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft increased their price target on Dollar Tree from $99.00 to $102.00 and gave the stock a "hold" rating in a report on Thursday, June 4th. UBS Group reissued a "buy" rating on shares of Dollar Tree in a research note on Monday, August 17th. Finally, Weiss Ratings upgraded 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 assigned a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $123.41.

Dollar Tree Trading Up 4.0%

DLTR opened at $136.75 on Tuesday. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40. The firm has a market capitalization of $26.28 billion, a PE ratio of 21.37, a P/E/G ratio of 1.50 and a beta of 0.64. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company's 50-day moving average is $124.40 and its 200 day moving average is $114.47.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last released its quarterly 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. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts predict that Dollar Tree, Inc. will post 7.02 earnings per share for the current fiscal year.

Dollar Tree announced that its board has approved a share repurchase plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's management 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.

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