Healthcare of Ontario Pension Plan Trust Fund Buys 4,121 Shares of Dollar Tree, Inc. $DLTR

Healthcare of Ontario Pension Plan Trust Fund boosted its holdings in Dollar Tree, Inc. (NASDAQ:DLTR) by 55.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 11,619 shares of the company’s stock after acquiring an additional 4,121 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in Dollar Tree were worth $1,272,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. NewEdge Advisors LLC increased its stake in shares of Dollar Tree by 3,237.4% in the 1st quarter. NewEdge Advisors LLC now owns 13,750 shares of the company’s stock valued at $1,032,000 after purchasing an additional 13,338 shares during the last quarter. Woodline Partners LP lifted its position in shares of Dollar Tree by 40.7% during the 1st quarter. Woodline Partners LP now owns 17,078 shares of the company’s stock worth $1,282,000 after buying an additional 4,941 shares during the last quarter. Focus Partners Wealth boosted its stake in Dollar Tree by 2.0% in the first quarter. Focus Partners Wealth now owns 10,646 shares of the company’s stock valued at $799,000 after buying an additional 213 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Dollar Tree in the second quarter valued at about $257,000. Finally, CW Advisors LLC bought a new position in Dollar Tree in the second quarter valued at about $264,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Down 1.1%

Shares of NASDAQ:DLTR opened at $127.21 on Friday. The firm has a market cap of $24.45 billion, a P/E ratio of 19.88, a P/E/G ratio of 1.45 and a beta of 0.65. Dollar Tree, Inc. has a 12-month low of $84.71 and a 12-month high of $142.40. The business has a fifty day simple moving average of $117.49 and a 200 day simple moving average of $114.47. 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 issued its quarterly earnings data 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 the consensus estimate of $4.96 billion. During the same period last year, the company earned $1.26 earnings per share. The firm’s revenue was up 7.2% compared to the same quarter last year. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. Analysts predict that Dollar Tree, Inc. will post 7 earnings per share for the current year.

Dollar Tree announced that its Board of Directors has authorized a share buyback program on Thursday, July 2nd that allows the company to buyback $2.50 billion in shares. This buyback authorization allows the company to purchase up to 10.7% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on DLTR. Evercore raised shares of Dollar Tree from a “hold” rating to an “outperform” rating in a report on Wednesday, July 8th. Weiss Ratings upgraded shares of Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Piper Sandler dropped their price target on Dollar Tree from $116.00 to $101.00 and set a “neutral” rating for the company in a research note on Tuesday, May 26th. Jefferies Financial Group upgraded Dollar Tree from a “moderate sell” rating to a “buy” rating in a research report on Wednesday, July 8th. Finally, UBS Group restated a “buy” rating on shares of Dollar Tree in a report on Friday, July 10th. Ten equities research analysts have rated the stock with a Buy rating, twelve have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $122.82.

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.