Dollar Tree, Inc. $DLTR Shares Sold by Sterling Capital Management LLC

Sterling Capital Management LLC lessened its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 16.4% during the 1st quarter, HoldingsChannel.com reports. The firm owned 21,881 shares of the company’s stock after selling 4,294 shares during the period. Sterling Capital Management LLC’s holdings in Dollar Tree were worth $2,396,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DLTR. Cetera Investment Advisers boosted its stake in Dollar Tree by 0.4% during the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock worth $2,635,000 after buying an additional 79 shares during the period. Optimize Financial Inc raised its stake in shares of Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after acquiring an additional 84 shares during the period. Covestor Ltd raised its stake in shares of Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after acquiring an additional 84 shares during the period. Root Financial Partners LLC lifted its stake in Dollar Tree by 27.6% during the fourth quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock worth $48,000 after purchasing an additional 85 shares in the last quarter. Finally, Deseret Mutual Benefit Administrators boosted its holdings in Dollar Tree by 7.7% during the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock valued at $149,000 after acquiring an additional 86 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Dollar Tree Price Performance

Shares of DLTR opened at $123.87 on Monday. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The stock has a market cap of $23.81 billion, a PE ratio of 19.35, a price-to-earnings-growth ratio of 1.42 and a beta of 0.66. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The firm has a fifty day moving average price of $103.46 and a 200 day moving average price of $114.78.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data 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. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. 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 firm posted $1.26 earnings per share. Dollar Tree’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. As a group, sell-side analysts anticipate that Dollar Tree, Inc. will post 6.98 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on DLTR. BNP Paribas Exane boosted their price target on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Barclays lowered their target price on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating for the company in a research note on Tuesday, May 26th. Piper Sandler cut their price target on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a report on Tuesday, May 26th. BMO Capital Markets reaffirmed an “underperform” rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Finally, Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $119.48.

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.