Hsbc Holdings PLC Sells 69,043 Shares of Dollar Tree, Inc. $DLTR

Hsbc Holdings PLC decreased its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 10.6% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 585,278 shares of the company’s stock after selling 69,043 shares during the period. Hsbc Holdings PLC owned 0.29% of Dollar Tree worth $72,056,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. EdgePoint Investment Group Inc. increased its holdings 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 valued at $1,051,110,000 after buying an additional 312,382 shares during the period. State Street Corp boosted its position in Dollar Tree by 3.5% during the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after acquiring an additional 319,938 shares in the last quarter. Primecap Management Co. CA boosted its position in Dollar Tree by 6.8% during the 3rd quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock valued at $395,792,000 after acquiring an additional 268,539 shares in the last quarter. Alliancebernstein L.P. increased its holdings in shares of Dollar Tree by 4.8% in the 3rd quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock valued at $370,552,000 after acquiring an additional 180,364 shares during the period. Finally, Invesco Ltd. increased its holdings in shares of Dollar Tree by 1.5% in the 4th quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock valued at $334,501,000 after acquiring an additional 39,506 shares during the period. Institutional investors own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DLTR. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research note on Saturday, June 6th. UBS Group set a $124.00 target price on Dollar Tree in a research note on Thursday, May 28th. Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday. Freedom Capital lowered shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 28th. Finally, Sanford C. Bernstein raised their price target on shares of Dollar Tree from $115.00 to $124.00 and gave the company a “market perform” rating in a report on Friday, May 29th. Eight research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and five have given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $119.48.

Dollar Tree Stock Up 2.0%

Shares of DLTR stock opened at $113.93 on Tuesday. The stock’s fifty day moving average price is $102.04 and its 200 day moving average price is $114.76. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The company has a market cap of $21.90 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 1.28 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.

Dollar Tree (NASDAQ:DLTR) last released its quarterly 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 analysts’ expectations of $4.96 billion. During the same period last year, the business posted $1.26 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, research analysts expect that Dollar Tree, Inc. will post 6.98 earnings per share for the current fiscal year.

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.