Pzena Investment Management LLC Takes Position in Dollar Tree, Inc. $DLTR

Pzena Investment Management LLC acquired a new position in Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, Holdings Channel reports. The firm acquired 10,222,060 shares of the company’s stock, valued at approximately $1,176,661,000. Dollar Tree makes up approximately 3.5% of Pzena Investment Management LLC’s holdings, making the stock its 5th biggest holding. Pzena Investment Management LLC owned approximately 0.05% of Dollar Tree at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of DLTR. BlackRock Inc. acquired a new position in Dollar Tree during the second quarter worth about $2,643,741,000. Alliancebernstein L.P. raised its position in Dollar Tree by 176.9% in the second quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after acquiring an additional 2,393,172 shares in the last quarter. Norges Bank acquired a new stake in Dollar Tree in the 4th quarter valued at about $260,858,000. AQR Capital Management LLC lifted its holdings in Dollar Tree by 906.5% in the 2nd quarter. AQR Capital Management LLC now owns 1,275,363 shares of the company’s stock valued at $124,973,000 after acquiring an additional 1,148,649 shares during the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Dollar Tree by 663.5% during the 4th quarter. Bank of Montreal Can now owns 1,296,289 shares of the company’s stock valued at $159,457,000 after purchasing an additional 1,126,505 shares in the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Dollar Tree Price Performance

NASDAQ DLTR opened at $129.54 on Tuesday. The stock’s 50-day moving average price is $122.51 and its two-hundred day moving average price is $113.99. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The company has a market cap of $24.89 billion, a PE ratio of 20.24, a PEG ratio of 1.48 and a beta of 0.64. Dollar Tree, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings data 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 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 analyst estimates of $4.96 billion. During the same period in the prior year, the firm earned $1.26 earnings per share. The business’s quarterly revenue 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, analysts predict that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its board has approved a share repurchase program on Thursday, July 2nd that permits the company to repurchase $2.50 billion in shares. This repurchase authorization permits the company to reacquire up to 10.7% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company’s board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective on the stock in a research note on Thursday, June 4th. Raymond James Financial raised shares of Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 target price for the company in a research note on Wednesday, July 8th. UBS Group restated a “buy” rating on shares of Dollar Tree in a report on Monday. Morgan Stanley lifted their price target on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Friday, May 29th. Finally, Guggenheim upped their price target on Dollar Tree from $130.00 to $135.00 and gave the company a “buy” rating in a report on Friday, May 29th. Ten analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $123.41.

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.