Verition Fund Management LLC Grows Position in Dollar Tree, Inc. $DLTR

Verition Fund Management LLC grew its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 4.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 115,335 shares of the company’s stock after buying an additional 4,661 shares during the quarter. Verition Fund Management LLC’s holdings in Dollar Tree were worth $14,187,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. EdgePoint Investment Group Inc. grew its stake in Dollar Tree by 2.9% during the third quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock worth $1,051,110,000 after buying an additional 312,382 shares during the period. State Street Corp grew its stake in Dollar Tree by 3.5% during the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after buying an additional 319,938 shares during the period. Primecap Management Co. CA grew its stake in Dollar Tree by 6.8% during the third quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock worth $395,792,000 after buying an additional 268,539 shares during the period. Alliancebernstein L.P. grew its stake in Dollar Tree by 4.8% during the third quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after buying an additional 180,364 shares during the period. Finally, Invesco Ltd. grew its stake in Dollar Tree by 6.6% during the third quarter. Invesco Ltd. now owns 2,679,797 shares of the company’s stock worth $252,892,000 after buying an additional 165,732 shares during the period. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. Piper Sandler decreased their price objective on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Bank of America restated an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Sanford C. Bernstein upped their target price on shares of Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a research note on Friday, May 29th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a research note on Thursday, June 4th. Finally, Morgan Stanley upped their target price on shares of Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a research note on Friday, May 29th. Eight research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $119.48.

Dollar Tree Trading Down 1.0%

DLTR opened at $112.88 on Tuesday. The stock has a market capitalization of $21.69 billion, a PE ratio of 17.64, a P/E/G ratio of 1.30 and a beta of 0.66. The firm’s fifty day moving average price is $101.63 and its 200 day moving average price is $114.72. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.53 by $0.21. The firm had revenue of $4.98 billion for the quarter, compared to analysts’ expectations of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the company posted $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, research analysts expect that Dollar Tree, Inc. will post 6.98 EPS for the current fiscal year.

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.