Smithbridge Asset Management Inc. DE Cuts Stock Position in Dollar Tree, Inc. $DLTR

Smithbridge Asset Management Inc. DE cut its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 49.8% in the 1st quarter, Holdings Channel.com reports. The fund owned 11,068 shares of the company’s stock after selling 11,001 shares during the period. Smithbridge Asset Management Inc. DE’s holdings in Dollar Tree were worth $1,212,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in DLTR. Cullen Frost Bankers Inc. purchased a new position in shares of Dollar Tree in the fourth quarter worth $25,000. Reflection Asset Management purchased a new position in shares of Dollar Tree in the fourth quarter worth approximately $25,000. Covestor Ltd boosted its stake in shares of Dollar Tree by 60.9% during the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after acquiring an additional 84 shares during the last quarter. YANKCOM Partnership bought a new stake in Dollar Tree during the fourth quarter valued at about $31,000. Finally, DV Equities LLC purchased a new stake in Dollar Tree in the 4th quarter worth approximately $32,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

DLTR has been the subject of a number of analyst reports. Evercore set a $140.00 price objective on shares of Dollar Tree in a research note on Monday, May 18th. Gordon Haskett raised shares of Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 target price for the company in a report on Thursday, June 4th. BMO Capital Markets reiterated an “underperform” rating on shares of Dollar Tree in a research note on Tuesday, March 17th. Bank of America reissued an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, Barclays lowered their price objective on Dollar Tree from $149.00 to $131.00 and set an “overweight” rating on the stock in a research report on Tuesday, May 26th. Eight investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $119.48.

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $121.15 on Thursday. The company has a market cap of $23.28 billion, a price-to-earnings ratio of 18.93, a PEG ratio of 1.38 and a beta of 0.65. The stock’s 50 day simple moving average is $104.49 and its two-hundred day simple moving average is $114.71. 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, Inc. has a 1 year low of $84.71 and a 1 year high of $142.40.

Dollar Tree (NASDAQ:DLTR) last released its quarterly earnings data on Thursday, May 28th. The company reported $1.74 EPS for the quarter, beating the consensus estimate of $1.53 by $0.21. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The business had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business earned $1.26 earnings per share. Dollar Tree’s quarterly 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. As a group, equities analysts anticipate that Dollar Tree, Inc. will post 6.98 earnings per share for the current fiscal year.

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.