Deutsche Bank AG Purchases New Shares in Dollar Tree, Inc. $DLTR

Deutsche Bank AG acquired a new stake in Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 714,235 shares of the company's stock, valued at approximately $86,387,000. Deutsche Bank AG owned about 0.37% of Dollar Tree at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. State Street Corp grew its stake in Dollar Tree by 3.5% in the third quarter. State Street Corp now owns 9,421,856 shares of the company's stock worth $889,141,000 after purchasing an additional 319,938 shares in the last quarter. Alliancebernstein L.P. raised its stake in Dollar Tree by 176.9% during the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock valued at $371,026,000 after buying an additional 2,393,172 shares in the last quarter. Invesco Ltd. lifted its holdings in Dollar Tree by 1.5% during the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company's stock worth $334,501,000 after buying an additional 39,506 shares during the last quarter. Norges Bank bought a new position in Dollar Tree during the 4th quarter worth approximately $260,858,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Dollar Tree by 4.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company's stock worth $224,106,000 after acquiring an additional 81,695 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Trading Down 2.6%

NASDAQ:DLTR opened at $128.45 on Friday. The stock has a market cap of $24.69 billion, a price-to-earnings ratio of 20.07, a PEG ratio of 1.50 and a beta of 0.64. 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, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40. The business has a fifty day moving average of $123.58 and a 200-day moving average of $114.25.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts' consensus estimates of $1.53 by $0.21. The business had revenue of $4.98 billion for 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 company's revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its board has initiated a stock 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 stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

DLTR has been the topic of a number of research reports. Morgan Stanley increased their target price on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an "equal weight" rating in a report on Friday, May 29th. Evercore raised shares of Dollar Tree from a "hold" rating to an "outperform" rating in a report on Wednesday, July 8th. Truist Financial lowered their price objective on shares of Dollar Tree from $142.00 to $107.00 and set a "buy" rating for the company in a research report on Wednesday, May 27th. Piper Sandler dropped their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a "neutral" rating on the stock in a research note on Tuesday, May 26th. Finally, Barclays cut shares of Dollar Tree from an "overweight" rating to a "strong sell" rating in a report on Wednesday, July 8th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $123.41.

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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