The Manufacturers Life Insurance Company Purchases New Position in Dollar Tree, Inc. $DLTR

Posted by Brenda Bartman on Aug 30th, 2026

The Manufacturers Life Insurance Company purchased a new position in shares of Dollar Tree, Inc. (NASDAQ:DLTR – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 90,704 shares of the company’s stock, valued at approximately $10,971,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in Dollar Tree in the fourth quarter valued at about $25,000. Reflection Asset Management acquired a new position in Dollar Tree during the fourth quarter valued at approximately $25,000. Covestor Ltd lifted its position in shares of Dollar Tree by 60.9% during the fourth quarter. Covestor Ltd now owns 222 shares of the company’s stock worth $27,000 after purchasing an additional 84 shares in the last quarter. Basecamp Wealth Advisors LLC raised its position in shares of 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 purchasing an additional 97 shares in the last quarter. Finally, Wilkerson Advisory Group LLC lifted its position in shares of Dollar Tree by 80.1% during the first quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock worth $29,000 after purchasing an additional 117 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on DLTR shares. Morgan Stanley upped their price target on shares of Dollar Tree from $130.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Friday. UBS Group lifted their price objective on shares of Dollar Tree from $145.00 to $150.00 and gave the company a “buy” rating in a research note on Friday. Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Raymond James Financial restated an “outperform” rating and issued a $145.00 price target on shares of Dollar Tree in a research report on Friday. Finally, Truist Financial boosted their price objective on shares of Dollar Tree from $136.00 to $138.00 and gave the stock a “buy” rating in a research report on Tuesday, August 25th. Ten analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat, Dollar Tree has an average rating of “Hold” and a consensus price target of $129.18.

Check Out Our Latest Stock Analysis on Dollar Tree

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 Price Performance

NASDAQ:DLTR opened at $128.26 on Friday. The firm has a market cap of $24.65 billion, a price-to-earnings ratio of 15.66, a P/E/G ratio of 1.40 and a beta of 0.64. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.39 and a current ratio of 1.13. The firm’s 50-day simple moving average is $126.03 and its 200 day simple moving average is $114.77. 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 earnings results on Thursday, August 27th. The company reported $2.70 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 during the quarter, compared to analysts’ expectations of $4.86 billion. During the same quarter in the prior year, the business earned $0.77 earnings per share. The business’s revenue for the quarter was up 7.0% compared to the same quarter last year. 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, sell-side analysts predict that Dollar Tree, Inc. will post 7.13 earnings per share for the current year.

Dollar Tree declared that its board has initiated a stock repurchase plan on Thursday, July 2nd that allows the company to repurchase $2.50 billion in shares. This repurchase authorization allows the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

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.