Danske Bank A S Takes Position in Dollar Tree, Inc. $DLTR

Key Points

• Danske Bank acquired 96,522 Dollar Tree shares worth approximately $11.7 million during the second quarter, while institutional investors collectively own 97.4% of the company.
• Dollar Tree exceeded quarterly expectations, reporting $1.74 in EPS on $4.98 billion in revenue, with revenue up 7.2% year over year. The board also authorized a $2.5 billion share-buyback plan covering up to 10.7% of outstanding shares.
• Analyst sentiment remains mixed: the stock has a consensus “Hold” rating and a $123.41 average price target, below its reported opening price of $128.45.

Danske Bank A S acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 96,522 shares of the company's stock, valued at approximately $11,674,000. Danske Bank A S owned about 0.05% of Dollar Tree as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in DLTR. Wealthfront Advisers LLC grew its stake in Dollar Tree by 13.7% in the first quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company's stock worth $8,431,000 after purchasing an additional 9,288 shares in the last quarter. Hanseatic Management Services Inc. purchased a new stake in shares of Dollar Tree in the 1st quarter worth $950,000. Arrowstreet Capital Limited Partnership grew its position in shares of Dollar Tree by 4.7% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company's stock worth $224,106,000 after buying an additional 81,695 shares in the last quarter. Capital International Inc. CA increased its stake in shares of Dollar Tree by 1,920.0% during the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company's stock valued at $14,283,000 after buying an additional 110,361 shares during the period. Finally, Hsbc Holdings PLC increased its stake in shares of Dollar Tree by 10.4% during the first quarter. Hsbc Holdings PLC now owns 646,333 shares of the company's stock valued at $70,363,000 after buying an additional 60,955 shares during the period. Hedge funds and other institutional investors own 97.40% of the company's stock.

Dollar Tree Stock Down 2.6%

Shares of DLTR stock opened at $128.45 on Friday. The stock's fifty day moving average price is $123.58 and its 200 day moving average price is $114.25. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The company has a market cap of $24.69 billion, a price-to-earnings ratio of 20.07, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.53 by $0.21. The business 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%. The business's quarterly revenue was up 7.2% on a year-over-year basis. During the same quarter last year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, research analysts expect that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

DLTR has been the topic of several recent research reports. Truist Financial dropped their target price on shares of Dollar Tree from $142.00 to $107.00 and set a "buy" rating on the stock in a report on Wednesday, May 27th. BNP Paribas Exane boosted their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the company an "underperform" rating in a report on Friday, May 29th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Dollar Tree from $99.00 to $102.00 and gave the company a "hold" rating in a research note on Thursday, June 4th. Bank of America reaffirmed an "underperform" rating on shares of Dollar Tree in a research report on Thursday, May 28th. Finally, UBS Group reiterated a "buy" rating on shares of Dollar Tree in a report on Monday. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the company's stock. According to MarketBeat, Dollar Tree currently has a consensus rating of "Hold" and a consensus price target of $123.41.

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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