Rakuten Investment Management Inc. Buys New Stake in Dollar Tree, Inc. $DLTR

Posted by Geri Gentry on Aug 31st, 2026

Rakuten Investment Management Inc. purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 29,985 shares of the company’s stock, valued at approximately $3,677,000.

Other hedge funds also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Dollar Tree during the second quarter worth about $2,643,741,000. Pzena Investment Management LLC acquired a new stake in shares of Dollar Tree in the 2nd quarter valued at about $1,176,661,000. State Street Corp boosted its position in shares of Dollar Tree by 3.5% in the 3rd quarter. State Street Corp now owns 9,421,856 shares of the company’s stock valued at $889,141,000 after purchasing an additional 319,938 shares during the period. Primecap Management Co. CA purchased a new position in Dollar Tree during the 2nd quarter worth approximately $455,845,000. Finally, Alliancebernstein L.P. grew its stake in 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 during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Stock Performance

Shares of DLTR stock opened at $128.26 on Monday. The stock’s 50-day moving average price is $126.03 and its 200 day moving average price is $114.71. 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 stock has a market capitalization of $24.07 billion, a PE ratio of 15.66, a price-to-earnings-growth ratio of 1.32 and a beta of 0.64. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40.

Dollar Tree (NASDAQ:DLTR – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $4.89 billion during the quarter, compared to analysts’ expectations of $4.86 billion. During the same period last year, the firm earned $0.77 EPS. The firm’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. As a group, equities research analysts forecast that Dollar Tree, Inc. will post 7.13 EPS for the current year.

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

Wall Street Analysts Forecast Growth

DLTR has been the subject of a number of research reports. Benchmark assumed coverage on Dollar Tree in a research note on Wednesday, July 8th. They issued a “hold” rating for the company. Guggenheim raised their target price on shares of Dollar Tree from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. The Goldman Sachs Group cut shares of Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Morgan Stanley upped their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, Piper Sandler decreased their price target on shares of Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $129.18.

Check Out Our Latest Stock Report on Dollar Tree

Key Stories 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

Dollar Tree Company Profile

(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.