Connor Clark & Lunn Investment Management Ltd. Invests $3.82 Million in Dollar Tree, Inc. $DLTR

Posted by Brian Himes on Aug 29th, 2026

Connor Clark & Lunn Investment Management Ltd. bought a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 33,222 shares of the company’s stock, valued at approximately $3,824,000.

Several other hedge funds have also recently bought and sold shares of the stock. Cullen Frost Bankers Inc. acquired a new position in shares of Dollar Tree in the fourth quarter valued at approximately $25,000. Reflection Asset Management acquired a new stake in Dollar Tree during the 4th quarter worth approximately $25,000. Covestor Ltd boosted its stake in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after purchasing an additional 84 shares during the period. Basecamp Wealth Advisors LLC grew its holdings in Dollar Tree by 59.9% in the 1st quarter. Basecamp Wealth Advisors LLC now owns 259 shares of the company’s stock valued at $28,000 after buying an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC increased its position in Dollar Tree by 80.1% during the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after buying an additional 117 shares during the period. 97.40% of the stock is currently owned by institutional investors and hedge funds.

More Dollar Tree News

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

Dollar Tree Stock Up 1.0%

DLTR stock opened at $128.26 on Friday. Dollar Tree, Inc. has a 52 week low of $84.71 and a 52 week high of $142.40. The business has a 50-day simple moving average of $126.03 and a 200 day simple moving average of $114.77. The company has a quick ratio of 0.39, a current ratio of 1.13 and a debt-to-equity ratio of 0.86. The company has a market cap of $24.65 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.39 and a beta of 0.64.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.15 by $1.55. Dollar Tree had a net margin of 8.03% and a return on equity of 38.61%. The firm had revenue of $4.89 billion for the quarter, compared to the consensus estimate of $4.86 billion. During the same period in the prior year, the company posted $0.77 earnings per share. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. 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. Sell-side analysts anticipate that Dollar Tree, Inc. will post 7.13 EPS for the current fiscal year.

Dollar Tree declared that its Board of Directors has approved a stock repurchase plan on Thursday, July 2nd that permits the company to buyback $2.50 billion in shares. This buyback authorization permits the company to repurchase up to 10.7% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Analyst Upgrades and Downgrades

DLTR has been the subject of a number of recent research reports. Weiss Ratings raised shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Piper Sandler lowered their price target on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating on the stock in a research report on Tuesday, May 26th. UBS Group lifted their price objective on shares of Dollar Tree from $145.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group raised shares of Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Finally, Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $129.18.

Get Our Latest Research Report on Dollar Tree

About Dollar Tree

(Free Report)

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.