Handelsbanken Fonder AB Increases Stock Holdings in Dollar Tree, Inc. $DLTR

Key Points

• Handelsbanken Fonder AB increased its Dollar Tree stake by 185.2% in the second quarter, purchasing 33,344 additional shares for a total holding valued at approximately $6.21 million. Institutional investors collectively own 97.4% of the company.
• Analyst sentiment remains mixed, with 10 Buy, 12 Hold, and four Sell ratings; the consensus rating is Hold with a $122.95 price target. Recent results exceeded expectations, with $1.74 in quarterly EPS and $4.98 billion in revenue, up 7.2% year over year.
• Dollar Tree authorized a $2.5 billion share-repurchase program, allowing buybacks of up to 10.7% of outstanding shares—an indication management may view the stock as undervalued.

Handelsbanken Fonder AB grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 185.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 51,345 shares of the company's stock after purchasing an additional 33,344 shares during the quarter. Handelsbanken Fonder AB's holdings in Dollar Tree were worth $6,210,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Cullen Frost Bankers Inc. purchased a new stake in Dollar Tree in the fourth quarter valued at $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree during the fourth quarter worth about $25,000. Covestor Ltd grew its holdings in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company's stock worth $27,000 after purchasing an additional 84 shares during the last quarter. Basecamp Wealth Advisors LLC increased its position in shares of Dollar Tree by 59.9% during the first quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company's stock worth $28,000 after purchasing an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC increased its position in shares of Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company's stock worth $29,000 after purchasing an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 97.40% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Bank of America reissued an "underperform" rating on shares of Dollar Tree in a report on Thursday, May 28th. Raymond James Financial raised Dollar Tree from a "market perform" rating to an "outperform" rating and set a $140.00 price target on the stock in a research 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. Wall Street Zen downgraded Dollar Tree from a "buy" rating to a "hold" rating in a report on Saturday, August 1st. Finally, Freedom Capital lowered shares of Dollar Tree from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 28th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $122.95.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $129.39 on Friday. The stock's 50-day moving average price is $122.07 and its 200 day moving average price is $114.02. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $24.87 billion, a PE ratio of 20.22, a price-to-earnings-growth ratio of 1.48 and a beta of 0.64. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced 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 company had revenue of $4.98 billion for 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 revenue was up 7.2% on a year-over-year basis. During the same period last year, the business posted $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, equities research analysts forecast that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its Board of Directors has approved a share buyback program on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to buy up to 10.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company's board believes its shares are 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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