Man Group plc bought a new stake in Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 978,777 shares of the company’s stock, valued at approximately $112,667,000. Man Group plc owned 0.51% of Dollar Tree at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of DLTR. Cetera Investment Advisers increased its holdings in shares of Dollar Tree by 0.4% in the fourth quarter. Cetera Investment Advisers now owns 21,420 shares of the company’s stock valued at $2,635,000 after purchasing an additional 79 shares during the period. Optimize Financial Inc increased its stake in Dollar Tree by 1.4% in the 4th quarter. Optimize Financial Inc now owns 6,000 shares of the company’s stock valued at $738,000 after buying an additional 84 shares during the period. Covestor Ltd increased 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 buying an additional 84 shares during the period. Root Financial Partners LLC raised its position in Dollar Tree by 27.6% during the 4th quarter. Root Financial Partners LLC now owns 393 shares of the company’s stock worth $48,000 after buying an additional 85 shares during the last quarter. Finally, Deseret Mutual Benefit Administrators lifted its stake in shares of Dollar Tree by 7.7% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 1,208 shares of the company’s stock worth $149,000 after acquiring an additional 86 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.
Dollar Tree Trading Down 1.7%
NASDAQ:DLTR opened at $134.48 on Wednesday. The company has a market capitalization of $25.84 billion, a PE ratio of 21.01, a price-to-earnings-growth ratio of 1.56 and a beta of 0.64. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. Dollar Tree, Inc. has a 52-week low of $84.71 and a 52-week high of $142.40. The stock has a fifty day simple moving average of $124.88 and a 200-day simple moving average of $114.56.
Dollar Tree announced that its board has approved a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its shares are undervalued.
More Dollar Tree News
Here are the key news stories impacting Dollar Tree this week:
- Positive Sentiment: Truist raised its price target: Truist Financial increased its target for DLTR from $136 to $138 and maintained a “buy” rating, signaling continued confidence in the retailer’s earnings prospects. Truist raises Dollar Tree price target
- Positive Sentiment: Investors are positioning ahead of earnings: Dollar Tree is scheduled to report second-quarter fiscal 2026 results before the market opens on August 27. Expectations are supported by the company’s recent 7.2% sales growth, 3.5% comparable-store sales growth, stronger adjusted EPS, and full-year adjusted EPS guidance of $6.70 to $7.10. Dollar Tree gains ahead of earnings
- Positive Sentiment: Recent momentum has improved sentiment: DLTR gained about 4% in the prior session, reflecting optimism around profitability, share repurchases, and the possibility of an improved outlook. Dollar Tree shares surge
- Neutral Sentiment: Earnings are the immediate catalyst: Analysts will focus on consumer demand, comparable-store sales, margins, and whether management meets its second-quarter adjusted EPS guidance of $1.00 to $1.15. Dollar Tree Q2 earnings expectations
- Neutral Sentiment: Short-interest data appears unreliable: The report lists zero shares short and a zero-day short-interest ratio while also describing a significant increase, indicating a likely data error rather than a meaningful trading signal.
- Negative Sentiment: Technical resistance could limit gains: Benzinga identified potential resistance near $141.50, where investors who bought during the recent rally may sell, creating a ceiling for DLTR. Dollar Tree technical resistance
Analyst Upgrades and Downgrades
DLTR has been the topic of several recent analyst reports. Benchmark assumed coverage on Dollar Tree in a research report on Wednesday, July 8th. They set a “hold” rating on the stock. JPMorgan Chase & Co. upped their price objective on Dollar Tree from $160.00 to $170.00 and gave the stock an “overweight” rating in a report on Monday, July 6th. Piper Sandler cut their price objective on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research report on Tuesday, May 26th. Jefferies Financial Group raised Dollar Tree from a “moderate sell” rating to a “buy” rating in a report on Wednesday, July 8th. Finally, Wells Fargo & Company upped their price target on shares of Dollar Tree from $145.00 to $155.00 and gave the stock an “overweight” rating in a research note on Monday, August 17th. Ten investment analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have given a Sell rating to the stock. Based on data from MarketBeat.com, Dollar Tree has an average rating of “Hold” and a consensus price target of $125.27.
Get Our Latest Research Report on DLTR
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.
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