Mattern Capital Management LLC Reduces Stock Position in Dollar Tree, Inc. $DLTR

Mattern Capital Management LLC reduced its stake in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 49.4% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,853 shares of the company’s stock after selling 6,696 shares during the quarter. Mattern Capital Management LLC’s holdings in Dollar Tree were worth $750,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. SG Americas Securities LLC lifted its position in shares of Dollar Tree by 261.9% in the 4th quarter. SG Americas Securities LLC now owns 177,196 shares of the company’s stock worth $21,797,000 after purchasing an additional 128,230 shares during the period. Assenagon Asset Management S.A. grew its stake in Dollar Tree by 54.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 670,753 shares of the company’s stock valued at $82,509,000 after purchasing an additional 235,626 shares during the last quarter. Nordea Investment Management AB raised its holdings in Dollar Tree by 18.0% in the fourth quarter. Nordea Investment Management AB now owns 858,636 shares of the company’s stock worth $106,110,000 after purchasing an additional 130,741 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock valued at $224,106,000 after buying an additional 81,695 shares during the last quarter. Finally, Capital International Inc. CA lifted its position in shares of Dollar Tree by 1,920.0% during the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock valued at $14,283,000 after buying an additional 110,361 shares during the last quarter. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Dollar Tree Price Performance

Shares of DLTR opened at $124.56 on Wednesday. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.16 and a quick ratio of 0.39. The company’s fifty day moving average price is $108.85 and its 200-day moving average price is $114.53. Dollar Tree, Inc. has a 1-year low of $84.71 and a 1-year high of $142.40. The firm has a market capitalization of $23.94 billion, a PE ratio of 19.46, a price-to-earnings-growth ratio of 1.44 and a beta of 0.65.

Dollar Tree (NASDAQ:DLTR) last issued its 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 return on equity of 35.19% and a net margin of 6.51%.The company had revenue of $4.98 billion during the quarter, compared to analyst estimates of $4.96 billion. During the same quarter last year, the business posted $1.26 EPS. The firm’s quarterly 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. On average, equities research analysts predict that Dollar Tree, Inc. will post 7 EPS for the current year.

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

Analysts Set New Price Targets

A number of brokerages have recently issued reports on DLTR. Guggenheim lifted their price objective on shares of Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Piper Sandler lowered their target price 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. The Goldman Sachs Group lowered shares of Dollar Tree from a “neutral” rating to a “hold” rating in a report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft upped their price target on Dollar Tree from $99.00 to $102.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. Finally, Benchmark started coverage on Dollar Tree in a report on Wednesday, July 8th. They set a “hold” rating for the company. Ten investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $122.68.

Dollar Tree Company 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.