M&T Bank Corp Has $3.46 Million Stake in Dollar Tree, Inc. $DLTR

Key Points

• M&T Bank Corp increased its stake in Dollar Tree by 157.4%, adding 17,182 shares to hold 28,100 shares worth $3.457 million per its latest SEC filing.
• Institutional ownership stands at 97.40%, with multiple funds (e.g., NewEdge, Woodline) recently increasing or initiating positions, signaling active institutional rebalancing.
• Analysts are mixed: the consensus rating is a Hold with an average target of $122.76, while Dollar Tree’s recent quarter beat EPS estimates ($2.56 vs. $2.53) and reported 9% revenue growth year-over-year.

M&T Bank Corp grew its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 157.4% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 28,100 shares of the company's stock after purchasing an additional 17,182 shares during the period. M&T Bank Corp's holdings in Dollar Tree were worth $3,457,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. NewEdge Advisors LLC lifted its holdings in shares of Dollar Tree by 3,237.4% in the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company's stock valued at $1,032,000 after purchasing an additional 13,338 shares in the last quarter. Woodline Partners LP grew its holdings in Dollar Tree by 40.7% during the first quarter. Woodline Partners LP now owns 17,078 shares of the company's stock worth $1,282,000 after buying an additional 4,941 shares in the last quarter. Focus Partners Wealth grew its holdings in Dollar Tree by 2.0% during the first quarter. Focus Partners Wealth now owns 10,646 shares of the company's stock worth $799,000 after buying an additional 213 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Dollar Tree in the 2nd quarter valued at $257,000. Finally, CW Advisors LLC bought a new position in Dollar Tree during the 2nd quarter valued at $264,000. 97.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on DLTR shares. Telsey Advisory Group reaffirmed an "outperform" rating and set a $150.00 price objective on shares of Dollar Tree in a report on Tuesday, March 17th. Barclays reiterated an "overweight" rating on shares of Dollar Tree in a report on Monday, March 16th. BMO Capital Markets reissued an "underperform" rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Rothschild & Co Redburn set a $165.00 price target on shares of Dollar Tree and gave the stock a "buy" rating in a report on Tuesday, February 17th. Finally, Wall Street Zen downgraded shares of Dollar Tree from a "buy" rating to a "hold" rating in a research report on Sunday, April 19th. Eight investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and six have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $122.76.

Dollar Tree Price Performance

Shares of NASDAQ:DLTR opened at $103.75 on Monday. The company has a market capitalization of $20.47 billion, a PE ratio of 16.60, a price-to-earnings-growth ratio of 1.30 and a beta of 0.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.07 and a quick ratio of 0.29. The business has a fifty day moving average price of $112.52 and a two-hundred day moving average price of $114.64. Dollar Tree, Inc. has a 1 year low of $78.70 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last announced its earnings results on Monday, March 16th. The company reported $2.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.53 by $0.03. The firm had revenue of $5.45 billion during the quarter, compared to analyst estimates of $5.46 billion. Dollar Tree had a return on equity of 32.24% and a net margin of 6.61%.The business's revenue was up 9.0% compared to the same quarter last year. During the same period last year, the firm posted $2.11 EPS. Analysts forecast that Dollar Tree, Inc. will post 6.75 earnings per share for the current year.

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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