Lazard Asset Management LLC Has $4.31 Million Holdings in Dollar Tree, Inc. $DLTR

Lazard Asset Management LLC raised its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 15.5% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 39,380 shares of the company’s stock after buying an additional 5,280 shares during the period. Lazard Asset Management LLC’s holdings in Dollar Tree were worth $4,313,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in DLTR. Wealthfront Advisers LLC boosted its holdings in shares of Dollar Tree by 13.7% during the 1st quarter. Wealthfront Advisers LLC now owns 76,985 shares of the company’s stock worth $8,431,000 after buying an additional 9,288 shares during the period. Hanseatic Management Services Inc. bought a new position in Dollar Tree in the 1st quarter valued at about $950,000. Arrowstreet Capital Limited Partnership lifted its position in Dollar Tree by 4.7% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,821,852 shares of the company’s stock worth $224,106,000 after acquiring an additional 81,695 shares during the last quarter. Capital International Inc. CA lifted its position in Dollar Tree by 1,920.0% during the fourth quarter. Capital International Inc. CA now owns 116,109 shares of the company’s stock worth $14,283,000 after acquiring an additional 110,361 shares during the last quarter. Finally, Forsta AP Fonden boosted its holdings in shares of Dollar Tree by 33.3% during the fourth quarter. Forsta AP Fonden now owns 124,900 shares of the company’s stock worth $15,364,000 after acquiring an additional 31,200 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DLTR has been the topic of several research reports. BNP Paribas Exane upped their target price on Dollar Tree from $88.00 to $98.00 and gave the company an “underperform” rating in a research report on Friday, May 29th. Truist Financial dropped their price target on Dollar Tree from $142.00 to $107.00 and set a “buy” rating for the company in a report on Wednesday, May 27th. Benchmark initiated coverage on Dollar Tree in a research note on Wednesday, July 8th. They issued a “hold” rating for the company. Weiss Ratings raised Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Finally, Raymond James Financial upgraded Dollar Tree from a “market perform” rating to an “outperform” rating and set a $140.00 price objective on the stock in a research report on Wednesday, July 8th. Ten research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $122.82.

Dollar Tree Stock Performance

Shares of NASDAQ:DLTR opened at $127.21 on Friday. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The company’s 50 day moving average price is $117.49 and its two-hundred day moving average price is $114.47. The firm has a market cap of $24.45 billion, a PE ratio of 19.88, a PEG ratio of 1.47 and a beta of 0.65. 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 (NASDAQ:DLTR) last released its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.53 by $0.21. The company had revenue of $4.98 billion during the quarter, compared to the consensus estimate of $4.96 billion. Dollar Tree had a net margin of 6.51% and a return on equity of 35.19%. The firm’s quarterly revenue was up 7.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.26 earnings per share. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Equities research analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree declared that its Board of Directors has authorized a stock buyback plan on Thursday, July 2nd that authorizes the company to repurchase $2.50 billion in shares. This repurchase authorization authorizes the company to repurchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

About Dollar Tree

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.