California Public Employees Retirement System Has $39.50 Million Stock Holdings in Dollar Tree, Inc. $DLTR

California Public Employees Retirement System lifted its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 2.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 360,672 shares of the company’s stock after acquiring an additional 10,117 shares during the period. California Public Employees Retirement System’s holdings in Dollar Tree were worth $39,497,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. State Street Corp increased its stake in Dollar Tree by 3.5% in the third 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 during the period. 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 purchasing an additional 2,393,172 shares in the last quarter. Invesco Ltd. lifted its stake in Dollar Tree by 1.5% during the fourth quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock worth $334,501,000 after purchasing an additional 39,506 shares during the period. Norges Bank bought a new position in Dollar Tree during the fourth quarter worth about $260,858,000. Finally, Arrowstreet Capital Limited Partnership boosted its holdings in Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after purchasing an additional 81,695 shares in the last quarter. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Performance

NASDAQ DLTR opened at $126.38 on Tuesday. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The company has a 50 day moving average of $111.46 and a 200-day moving average of $114.63. 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 firm has a market cap of $24.29 billion, a price-to-earnings ratio of 19.75, a PEG ratio of 1.44 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last announced its earnings results on Thursday, May 28th. The company reported $1.74 EPS for the quarter, topping the consensus estimate of $1.53 by $0.21. The business had revenue of $4.98 billion for 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%.Dollar Tree’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the business earned $1.26 EPS. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities analysts forecast that Dollar Tree, Inc. will post 7 earnings per share for the current fiscal year.

Dollar Tree announced that its Board of Directors has approved a stock repurchase program on Thursday, July 2nd that allows the company to buyback $2.50 billion in outstanding shares. This buyback authorization allows the company to buy up to 10.7% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

DLTR has been the topic of several analyst reports. Gordon Haskett upgraded 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. Wall Street Zen upgraded Dollar Tree from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Bank of America reaffirmed an “underperform” rating on shares of Dollar Tree in a research note on Thursday, May 28th. Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Finally, Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective for the company in a research note on Wednesday, July 8th. Ten equities research 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $122.68.

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.