The Manufacturers Life Insurance Company Has $10.83 Million Stock Position in Dollar Tree, Inc. $DLTR

The Manufacturers Life Insurance Company reduced its holdings in shares of Dollar Tree, Inc. (NASDAQ:DLTR) by 6.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 98,935 shares of the company’s stock after selling 7,284 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.05% of Dollar Tree worth $10,834,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Cullen Frost Bankers Inc. bought a new stake in shares of Dollar Tree in the fourth quarter worth $25,000. Reflection Asset Management bought a new position in Dollar Tree in the fourth quarter valued at $25,000. Covestor Ltd increased its stake in Dollar Tree by 60.9% in the 4th quarter. Covestor Ltd now owns 222 shares of the company’s stock valued at $27,000 after buying an additional 84 shares during the last quarter. Wilkerson Advisory Group LLC increased its stake in Dollar Tree by 80.1% in the 1st quarter. Wilkerson Advisory Group LLC now owns 263 shares of the company’s stock valued at $29,000 after buying an additional 117 shares during the last quarter. Finally, DV Equities LLC bought a new stake in Dollar Tree during the 4th quarter worth about $32,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Dollar Tree Stock Up 1.7%

Dollar Tree stock opened at $129.35 on Tuesday. The company’s 50-day moving average price is $118.18 and its two-hundred day moving average price is $114.25. The company has a quick ratio of 0.39, a current ratio of 1.16 and a debt-to-equity ratio of 0.84. The stock has a market cap of $24.86 billion, a P/E ratio of 20.21, a P/E/G ratio of 1.45 and a beta of 0.64. Dollar Tree, Inc. has a twelve month low of $84.71 and a twelve month high of $142.40.

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 analysts’ expectations of $4.96 billion. During the same quarter in the previous year, the company posted $1.26 earnings per share. The business’s 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. As a group, analysts expect that Dollar Tree, Inc. will post 7 EPS for the current year.

Dollar Tree declared that its Board of Directors has approved a share repurchase plan on Thursday, July 2nd that permits the company to repurchase $2.50 billion in outstanding shares. This repurchase authorization permits the company to purchase up to 10.7% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

DLTR has been the subject of several analyst reports. Weiss Ratings upgraded Dollar Tree from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. JPMorgan Chase & Co. increased their price target on Dollar Tree from $160.00 to $170.00 and gave the company an “overweight” rating in a research report on Monday, July 6th. Guggenheim boosted their price target on Dollar Tree from $130.00 to $135.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Gordon Haskett upgraded Dollar Tree from a “reduce” rating to a “hold” rating and set a $115.00 price objective on the stock in a research note on Thursday, June 4th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Dollar Tree from $99.00 to $102.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Ten research 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’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.