Smithbridge Asset Management Inc. DE Sells 11,001 Shares of Dollar Tree, Inc. $DLTR

Smithbridge Asset Management Inc. DE decreased its position in shares of Dollar Tree, Inc. (NASDAQ:DLTRFree Report) by 49.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 11,068 shares of the company’s stock after selling 11,001 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Dollar Tree were worth $1,212,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Root Financial Partners LLC grew its position in shares of Dollar Tree by 151.7% in the first quarter. Root Financial Partners LLC now owns 989 shares of the company’s stock valued at $108,000 after purchasing an additional 596 shares in the last quarter. CHICAGO TRUST Co NA increased its position in shares of Dollar Tree by 12.0% in the first quarter. CHICAGO TRUST Co NA now owns 7,560 shares of the company’s stock worth $828,000 after purchasing an additional 807 shares during the last quarter. USS Investment Management Ltd increased its holdings in shares of Dollar Tree by 12.3% in the 1st quarter. USS Investment Management Ltd now owns 26,297 shares of the company’s stock worth $2,879,000 after buying an additional 2,879 shares during the last quarter. IFM Investors Pty Ltd increased its stake in Dollar Tree by 0.3% in the first quarter. IFM Investors Pty Ltd now owns 39,090 shares of the company’s stock valued at $4,281,000 after acquiring an additional 125 shares during the last quarter. Finally, Lansforsakringar Fondforvaltning AB publ bought a new position in Dollar Tree in the first quarter valued at $319,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have issued reports on DLTR shares. Telsey Advisory Group reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dollar Tree in a research note on Tuesday, March 17th. UBS Group set a $124.00 price objective on Dollar Tree in a research report on Thursday, May 28th. The Goldman Sachs Group decreased their price objective on Dollar Tree from $115.00 to $105.00 and set a “sell” rating on the stock in a report on Friday, May 29th. Citigroup dropped their target price on Dollar Tree from $132.00 to $125.00 and set a “neutral” rating for the company in a research report on Tuesday, March 17th. Finally, BNP Paribas Exane upped their target price on Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a research note on Friday, May 29th. Eight investment 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. According to MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus target price of $119.48.

Read Our Latest Stock Report on DLTR

Dollar Tree Stock Performance

NASDAQ:DLTR opened at $121.15 on Thursday. The firm has a market cap of $23.28 billion, a PE ratio of 18.93, a price-to-earnings-growth ratio of 1.38 and a beta of 0.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.39 and a current ratio of 1.16. The business has a 50 day moving average price of $104.49 and a 200-day moving average price of $114.71. Dollar Tree, Inc. has a fifty-two week low of $84.71 and a fifty-two week high of $142.40.

Dollar Tree (NASDAQ:DLTRGet Free Report) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the firm earned $1.26 EPS. The company’s revenue was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts predict that Dollar Tree, Inc. will post 6.98 earnings per share for the current year.

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.

See Also

Institutional Ownership by Quarter for Dollar Tree (NASDAQ:DLTR)

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