iA Global Asset Management Inc. Trims Stock Holdings in Dollar Tree, Inc. $DLTR

iA Global Asset Management Inc. lowered its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 36.1% during the first quarter, Holdings Channel reports. The fund owned 16,364 shares of the company’s stock after selling 9,246 shares during the quarter. iA Global Asset Management Inc.’s holdings in Dollar Tree were worth $1,792,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DLTR. NewEdge Advisors LLC lifted its stake in shares of Dollar Tree by 3,237.4% during the first quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after buying an additional 13,338 shares during the period. Woodline Partners LP grew its stake in Dollar Tree by 40.7% in the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after acquiring an additional 4,941 shares during the period. Focus Partners Wealth raised its holdings in Dollar Tree by 2.0% in the 1st quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock valued at $799,000 after acquiring an additional 213 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Dollar Tree in the 2nd quarter valued at $257,000. Finally, CW Advisors LLC purchased a new position in shares of Dollar Tree during the 2nd quarter worth $264,000. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Trading Up 2.4%

Shares of DLTR opened at $124.05 on Friday. 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 capitalization of $23.84 billion, a P/E ratio of 19.38, a price-to-earnings-growth ratio of 1.39 and a beta of 0.65. The stock’s fifty day simple moving average is $104.90 and its 200 day simple moving average is $114.67. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last posted its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The firm had revenue of $4.98 billion during 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%.The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. On average, equities research analysts forecast that Dollar Tree, Inc. will post 6.98 earnings per share for the current year.

Dollar Tree announced that its board has initiated a share buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the company to buy up to 10.7% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s board believes its shares are undervalued.

Analyst Ratings Changes

Several research firms have recently issued reports on DLTR. Jefferies Financial Group restated an “underperform” rating and set a $85.00 price objective on shares of Dollar Tree in a report on Friday, May 29th. BMO Capital Markets reiterated an “underperform” rating on shares of Dollar Tree in a research report on Tuesday, March 17th. Morgan Stanley raised their price target on Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Friday, May 29th. Bank of America restated an “underperform” rating on shares of Dollar Tree in a report on Thursday, May 28th. Finally, BTIG Research reaffirmed a “neutral” rating on shares of Dollar Tree in a research note on Monday, March 9th. Eight research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and five have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $119.48.

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.