Dollar Tree, Inc. $DLTR Shares Purchased by Glenmede Trust Co. NA

Glenmede Trust Co. NA lifted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 898.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 103,573 shares of the company's stock after purchasing an additional 93,197 shares during the quarter. Glenmede Trust Co. NA owned about 0.05% of Dollar Tree worth $11,342,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. purchased a new position in shares of Dollar Tree in the 4th quarter valued at about $25,000. Reflection Asset Management acquired a new stake in Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd raised its stake in Dollar Tree by 60.9% in the fourth quarter. Covestor Ltd now owns 222 shares of the company's stock valued at $27,000 after buying an additional 84 shares in the last quarter. YANKCOM Partnership purchased a new stake in Dollar Tree during the 4th quarter worth about $31,000. Finally, Wilkerson Advisory Group LLC boosted its position in shares of Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock worth $29,000 after acquiring an additional 117 shares in the last quarter. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

DLTR has been the topic of a number of recent analyst reports. The Goldman Sachs Group downgraded Dollar Tree from a "neutral" rating to a "hold" rating in a report on Wednesday, July 8th. Jefferies Financial Group upgraded Dollar Tree from a "moderate sell" rating to a "buy" rating in a research note on Wednesday, July 8th. Weiss Ratings raised Dollar Tree from a "sell (d+)" rating to a "hold (c-)" rating in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price target on shares of Dollar Tree from $160.00 to $170.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. Finally, BNP Paribas Exane raised their price objective on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an "underperform" rating in a report on Friday, May 29th. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $122.82.

Dollar Tree Price Performance

DLTR opened at $127.21 on Monday. The business's 50-day simple moving average is $117.49 and its 200-day simple moving average is $114.31. 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 one year low of $84.71 and a one year high of $142.40. The stock has a market capitalization of $24.45 billion, a P/E ratio of 19.88, a price-to-earnings-growth ratio of 1.45 and a beta of 0.64.

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 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 business's quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts anticipate that Dollar Tree, Inc. will post 7 EPS for the current year.

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

Dollar Tree Company 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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