92,396 Shares in Dollar Tree, Inc. $DLTR Bought by Cibc World Market Inc.

Cibc World Market Inc. bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 92,396 shares of the company’s stock, valued at approximately $11,175,000.

Several other hedge funds have also recently added to or reduced their stakes in DLTR. Cetera Investment Advisers boosted its holdings in shares of Dollar Tree by 0.4% in the 4th quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after purchasing an additional 79 shares in the last quarter. Optimize Financial Inc increased its position in shares of Dollar Tree by 1.4% during the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after purchasing an additional 84 shares during the last quarter. Covestor Ltd raised its holdings in shares of Dollar Tree by 60.9% during the 4th 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. Root Financial Partners LLC raised its holdings in shares of Dollar Tree by 27.6% during the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock valued at $48,000 after buying an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its position in Dollar Tree by 7.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after buying an additional 86 shares during the last quarter. Institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have issued reports on DLTR. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. BNP Paribas Exane upped their price objective on shares of Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research note on Friday, May 29th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Piper Sandler decreased their target price on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. Ten research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and four have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $123.41.

Dollar Tree Price Performance

DLTR opened at $136.75 on Tuesday. 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 52-week low of $84.71 and a 52-week high of $142.40. The stock has a market capitalization of $26.28 billion, a PE ratio of 21.37, a price-to-earnings-growth ratio of 1.50 and a beta of 0.64. The stock’s 50 day moving average price is $124.40 and its 200-day moving average price is $114.47.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. During the same quarter in the prior year, the company earned $1.26 earnings per share. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts predict that Dollar Tree, Inc. will post 7.02 EPS for the current year.

Dollar Tree announced that its board has approved a stock buyback program on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management 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.