Illinois Municipal Retirement Fund Increases Stake in Dollar Tree, Inc. $DLTR

Illinois Municipal Retirement Fund lifted its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 2.6% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 174,091 shares of the company’s stock after buying an additional 4,337 shares during the quarter. Illinois Municipal Retirement Fund owned approximately 0.09% of Dollar Tree worth $19,065,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new position in Dollar Tree during the 4th quarter worth approximately $25,000. Reflection Asset Management acquired a new stake in shares of Dollar Tree in the 4th quarter valued at $25,000. Covestor Ltd raised its holdings 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 purchasing an additional 84 shares in the last quarter. YANKCOM Partnership purchased a new stake in shares of Dollar Tree during the 4th quarter worth $31,000. Finally, DV Equities LLC purchased a new stake in shares of Dollar Tree during the 4th quarter worth $32,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on DLTR shares. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Morgan Stanley increased their price objective on Dollar Tree from $126.00 to $130.00 and gave the company an “equal weight” rating in a report on Friday, May 29th. UBS Group restated a “buy” rating on shares of Dollar Tree in a research note on Friday, July 10th. Weiss Ratings raised Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Finally, Raymond James Financial upgraded shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price target on the stock in a research note on Wednesday, July 8th. Ten analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $122.68.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $127.03 on Thursday. The stock’s 50-day moving average is $109.46 and its two-hundred day moving average is $114.57. 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 1 year low of $84.71 and a 1 year high of $142.40. The firm has a market cap of $24.41 billion, a price-to-earnings ratio of 19.85, a PEG ratio of 1.42 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.21. The business had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a return on equity of 35.19% and a net margin of 6.51%.The company’s revenue was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its board has initiated a share buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization authorizes the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s management believes its stock is undervalued.

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.