FIL 13F: Cuts Dollar Tree (DLTR) Stake by $219M

FIL has made a notable move in its investment strategy by reducing its stake in Dollar Tree, Inc. (NasdaqGS:DLTR). According to its latest 13F filing with the SEC, FIL sold 1,784,539 shares during the reporting period, decreasing its holdings by 38.9%. The fund now holds 2,794,622 shares worth approximately $316.9 million.

What Changed in FIL's Dollar Tree Position

FIL cut its Dollar Tree position by 38.9%, selling off 1,784,539 shares. This reduction brought its total holdings down to 2,794,622 shares, valued at about $316.9 million. Prior to this change, FIL had 4,579,161 shares.

Other Institutional Activity in Dollar Tree

Several other institutional investors have also made changes to their Dollar Tree positions. FMR LLC increased its stake by 3,348,328 shares, bringing its total to 19,494,395 shares valued at approximately $2.13 billion, marking a 20.7% increase. In contrast, BlackRock, Inc. slightly reduced its holdings by 93,341 shares to 15,823,066 shares, worth about $1.73 billion, which is a 0.6% decrease. Vanguard Capital Management LLC and Vanguard Portfolio Management LLC both opened new positions, with the former holding 12,153,739 shares valued at $1.33 billion and the latter holding 8,498,548 shares worth $930.7 million. State Street Corp also trimmed its stake by 126,711 shares to hold 9,128,960 shares, valued at $999.7 million, a 1.4% decrease.

Dollar Tree, Inc. Stock Down 1.4%

Shares of Dollar Tree traded around $113.41 on Thursday. The company boasts a market capitalization of approximately $21.9 billion and a P/E ratio of 18.3. It has a forward P/E of 14.9 and a beta of 0.659, indicating lower volatility compared to the market. The stock's 52-week range spans from $84.71 to $142.40, with a 50-day moving average of $101.45 and a 200-day moving average of $109.32. Dollar Tree has a current ratio of 1.161 and a quick ratio of 0.316, alongside a debt-to-equity ratio of 216.518.

Recent Earnings

Dollar Tree reported revenue of $19.75 billion, reflecting a 7.2% growth. The company achieved an EPS of $6.23, with a net margin of 6.51% and a return on equity of 33.98%. Investors can look forward to the next earnings report on September 2, 2026.

Insider Buying and Selling at Dollar Tree, Inc.

Several insiders at Dollar Tree engaged in transactions on April 1, 2026. Chief Legal Officer Mitchell John Jr. sold 980 shares, Chief Accounting Officer Aditya Maheshwari sold 773 shares, and Chief People Officer Steven Schumacher sold 1,981 shares, all at an average price of $108.70. Chief Merchandising Officer Brent Beebe and CEO Michael Creedon Jr. also sold shares, with Creedon Jr. offloading 10,224 shares. Meanwhile, Steven Schumacher bought 6,899 shares, but the price was not disclosed under a Rule 10b5-1 plan.

Analysts Set New Price Targets

On May 29, 2026, BNP Paribas maintained a sell rating on Dollar Tree with a target price of $98. Truist Securities and Guggenheim maintained buy ratings with price targets of $136 and $135, respectively. Morgan Stanley kept a hold rating with a $130 target. The consensus among 24 analysts is a moderate buy, with a mean target price of $125.

About Dollar Tree, Inc.

Dollar Tree, Inc. operates a chain of discount retail stores across the U.S. and Canada under the Dollar Tree and Dollar Tree Canada brands. Based in Chesapeake, Virginia, the company offers a wide range of everyday consumables, variety merchandise, and seasonal goods. Led by CEO Mr. Stewart F. Glendinning J.D., Dollar Tree employs approximately 150,000 people.

Bottom Line

FIL's significant reduction in its Dollar Tree holdings is a key development for investors tracking institutional movements. While these filings are backward-looking and may not reflect FIL's current position, they offer insight into the fund's strategy during the reporting period. Dollar Tree remains a closely watched stock, with analysts maintaining a range of ratings and price targets.