UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Holdings in Dollar Tree, Inc. $DLTR

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Dollar Tree, Inc. (NASDAQ:DLTR - Free Report) by 19.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,450,333 shares of the company's stock after purchasing an additional 237,789 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.75% of Dollar Tree worth $175,418,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DLTR. BlackRock Inc. purchased a new position in shares of Dollar Tree during the second quarter valued at approximately $2,643,741,000. Pzena Investment Management LLC purchased a new stake in Dollar Tree in the 2nd quarter worth approximately $1,176,661,000. State Street Corp raised its holdings in Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company's stock valued at $889,141,000 after acquiring an additional 319,938 shares during the last quarter. Primecap Management Co. CA acquired a new position in Dollar Tree in the 2nd quarter valued at $455,845,000. Finally, Alliancebernstein L.P. lifted its stake in shares of Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company's stock worth $371,026,000 after purchasing an additional 2,393,172 shares during the period. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on DLTR shares. UBS Group raised their price objective on Dollar Tree from $145.00 to $150.00 and gave the stock a "buy" rating in a report on Friday. Weiss Ratings upgraded Dollar Tree from a "hold (c-)" rating to a "hold (c)" rating in a research report on Friday. JPMorgan Chase & Co. raised their price target on Dollar Tree from $160.00 to $170.00 and gave the stock an "overweight" rating in a research note on Monday, July 6th. Barclays cut Dollar Tree from an "overweight" rating to a "strong sell" rating in a report on Wednesday, July 8th. Finally, Evercore raised shares of Dollar Tree from a "hold" rating to an "outperform" rating in a research note on Wednesday, July 8th. Ten investment analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $130.36.

Dollar Tree Trading Up 4.0%

Shares of DLTR opened at $131.71 on Wednesday. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $24.71 billion, a P/E ratio of 16.08, a price-to-earnings-growth ratio of 1.17 and a beta of 0.66. The stock's fifty day simple moving average is $126.65 and its 200 day simple moving average is $114.79. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40.

Dollar Tree (NASDAQ:DLTR - Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, beating analysts' consensus estimates of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.The firm had revenue of $4.89 billion for the quarter, compared to analysts' expectations of $4.86 billion. During the same quarter last year, the firm earned $0.77 earnings per share. The firm's revenue for the quarter was up 7.0% compared to the same quarter last year. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. On average, equities research analysts forecast that Dollar Tree, Inc. will post 7.93 earnings per share for the current year.

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

Insider Buying and Selling at Dollar Tree

In other news, insider Robert Aflatooni sold 2,500 shares of the business's stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $126.01, for a total transaction of $315,025.00. Following the completion of the sale, the insider owned 24,820 shares in the company, valued at approximately $3,127,568.20. The trade was a 9.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 7.10% of the stock is owned by corporate insiders.

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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