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

Rakuten Investment Management Inc. purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 29,985 shares of the company’s stock, valued at approximately $3,677,000.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Dollar Tree in the second quarter valued at about $2,643,741,000. Pzena Investment Management LLC purchased a new stake in Dollar Tree in the 2nd quarter valued at approximately $1,176,661,000. State Street Corp increased 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 worth $889,141,000 after purchasing an additional 319,938 shares during the period. Primecap Management Co. CA acquired a new position in Dollar Tree during the 2nd quarter worth approximately $455,845,000. Finally, Alliancebernstein L.P. raised its stake in shares of Dollar Tree by 176.9% during the 2nd quarter. Alliancebernstein L.P. now owns 3,746,222 shares of the company’s stock worth $371,026,000 after buying an additional 2,393,172 shares in the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on DLTR. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Benchmark assumed coverage on Dollar Tree in a report on Wednesday, July 8th. They set a “hold” rating on the stock. BMO Capital Markets reiterated a “market perform” rating and issued a $135.00 price objective on shares of Dollar Tree in a research report on Friday. BNP Paribas Exane raised their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a report on Friday, May 29th. Finally, Wells Fargo & Company boosted their target price on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research report on Monday, August 17th. Ten analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus price target of $129.18.

Dollar Tree Price Performance

DLTR stock opened at $128.26 on Monday. The firm has a 50 day moving average of $126.03 and a 200-day moving average of $114.71. The company has a market cap of $24.07 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 1.32 and a beta of 0.64. The company has a current ratio of 1.13, a quick ratio of 0.39 and a debt-to-equity ratio of 0.86. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, August 27th. The company reported $2.70 earnings per share for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. Dollar Tree had a return on equity of 38.61% and a net margin of 8.03%.The business had revenue of $4.89 billion for the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the prior year, the firm posted $0.77 EPS. The company’s revenue was up 7.0% compared to the same quarter last year. Dollar Tree has set its Q3 2026 guidance at 0.800-0.950 EPS and its FY 2026 guidance at 7.700-8.050 EPS. As a group, equities analysts expect that Dollar Tree, Inc. will post 7.13 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has authorized a share repurchase plan 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 stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting Dollar Tree

Here are the key news stories impacting Dollar Tree this week:

• Positive Sentiment: Dollar Tree reported second-quarter revenue of $4.89 billion, up 7% year over year and above estimates of approximately $4.86 billion. Adjusted earnings per share reached $2.70, substantially exceeding the $1.15 consensus, helped by higher markups, lower freight costs, reduced shrinkage and tariff-related refunds. Dollar Tree beats quarterly revenue estimates on steady demand
• Positive Sentiment: Comparable-store sales rose 3.7%, driven by a 3.3% increase in average ticket and positive customer traffic of 0.4%. Management also cited improving assortments and continued demand for affordable essentials. Dollar Tree Q2 earnings call highlights
• Positive Sentiment: Management raised full-year fiscal 2026 adjusted EPS guidance to $7.70–$8.05 from $6.70–$7.10. Dollar Tree also repurchased approximately 5.6 million shares for $605 million during the quarter, supporting per-share results. Dollar Tree lifts earnings outlook
• Neutral Sentiment: Dollar Tree is attracting more middle- and high-income shoppers seeking value, while lower-income customers remain pressured by the cost of necessities. This broadens the customer base but also highlights uneven consumer health. Dollar Tree attracts higher-income customers
• Negative Sentiment: Third-quarter adjusted EPS guidance of $0.80–$0.95 was well below the roughly $1.40 analyst expectation. Investors viewed the outlook as evidence that fuel costs, tariffs and reinvestment expenses could pressure profitability, overshadowing the second-quarter beat and the higher full-year forecast. Dollar Tree cites higher fuel prices as a headwind

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.