Hsbc Holdings PLC Reduces Position in Dollar Tree, Inc. $DLTR

Hsbc Holdings PLC trimmed its position in Dollar Tree, Inc. (NASDAQ:DLTR) by 10.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 585,278 shares of the company’s stock after selling 69,043 shares during the period. Hsbc Holdings PLC’s holdings in Dollar Tree were worth $72,056,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. EdgePoint Investment Group Inc. grew its stake in Dollar Tree by 2.9% during the 3rd quarter. EdgePoint Investment Group Inc. now owns 11,138,183 shares of the company’s stock valued at $1,051,110,000 after purchasing an additional 312,382 shares during the last quarter. State Street Corp raised its stake in shares of Dollar Tree by 3.5% in the third quarter. State Street Corp now owns 9,421,856 shares of the company’s stock worth $889,141,000 after purchasing an additional 319,938 shares during the last quarter. Primecap Management Co. CA lifted its holdings in shares of Dollar Tree by 6.8% during the third quarter. Primecap Management Co. CA now owns 4,194,049 shares of the company’s stock worth $395,792,000 after purchasing an additional 268,539 shares during the period. Alliancebernstein L.P. lifted its holdings in shares of Dollar Tree by 4.8% during the third quarter. Alliancebernstein L.P. now owns 3,926,586 shares of the company’s stock worth $370,552,000 after purchasing an additional 180,364 shares during the period. Finally, Invesco Ltd. boosted its position in Dollar Tree by 1.5% in the fourth quarter. Invesco Ltd. now owns 2,719,303 shares of the company’s stock valued at $334,501,000 after buying an additional 39,506 shares during the last quarter. Institutional investors and hedge funds own 97.40% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. Morgan Stanley increased their price target on shares of Dollar Tree from $126.00 to $130.00 and gave the stock an “equal weight” rating in a report on Friday, May 29th. Freedom Capital downgraded shares of Dollar Tree from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 28th. Truist Financial cut their price objective on shares of Dollar Tree from $142.00 to $107.00 and set a “buy” rating on the stock in a research note on Wednesday, May 27th. BTIG Research reiterated a “neutral” rating on shares of Dollar Tree in a research note on Monday, March 9th. Finally, BNP Paribas Exane raised their target price on shares of Dollar Tree from $88.00 to $98.00 and gave the stock an “underperform” rating in a report on Friday, May 29th. Eight analysts have rated the stock with a Buy rating, eleven have given a Hold rating and five have assigned a Sell rating to the company. According to MarketBeat, Dollar Tree presently has a consensus rating of “Hold” and a consensus price target of $119.48.

Dollar Tree Stock Up 2.0%

Shares of DLTR stock opened at $113.93 on Tuesday. The stock has a 50 day moving average of $102.04 and a 200 day moving average of $114.76. The company has a current ratio of 1.16, a quick ratio of 0.39 and a debt-to-equity ratio of 0.84. The stock has a market cap of $21.90 billion, a P/E ratio of 17.80, a P/E/G ratio of 1.28 and a beta of 0.66. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40.

Dollar Tree (NASDAQ:DLTR) last announced its quarterly earnings results on Thursday, May 28th. The company reported $1.74 earnings per share (EPS) for the quarter, beating 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 in the previous year, the company posted $1.26 earnings per share. Dollar Tree’s revenue for the quarter was up 7.2% on a year-over-year basis. Dollar Tree has set its Q2 2026 guidance at 1.000-1.150 EPS. As a group, sell-side analysts expect that Dollar Tree, Inc. will post 6.98 EPS for the current year.

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.