Gotham Asset Management 13F: Adds $16M to DLTR Stake

Gotham Asset Management has increased its stake in Dollar Tree, Inc. (NasdaqGS: DLTR) by 50.6%, according to a recent SEC filing. The fund added 133,424 shares during the reporting period, bringing its total holdings to 396,946 shares, valued at approximately $47.38 million.

What Changed in Gotham Asset Management's Dollar Tree Position

Gotham Asset Management significantly boosted its investment in Dollar Tree by adding 133,424 shares. This move increased its holdings by 50.6%, resulting in a total of 396,946 shares, with the stake now valued at about $47.38 million as of the latest filing.

Other Institutional Activity in Dollar Tree

Other major investors have also been active in Dollar Tree. FMR LLC increased its holdings by 3,348,328 shares, bringing its total to 19,494,395 shares worth approximately $2.13 billion, a 20.7% increase. BlackRock, Inc., however, reduced its stake slightly by 93,341 shares, now holding 15,823,066 shares valued at $1.73 billion, a 0.6% decrease. Vanguard Capital Management LLC opened a new position with 12,153,739 shares, valued at around $1.33 billion. Meanwhile, State Street Corp decreased its holdings by 126,711 shares, ending with 9,128,960 shares worth about $999.71 million, a 1.4% reduction.

Dollar Tree, Inc. Stock Down 2.8%

Shares of Dollar Tree, Inc. traded near $119.35 on Thursday. The company has a market capitalization of approximately $21.89 billion. Its P/E ratio stands at 18.3, with a forward P/E of 14.9, indicating investor expectations of future earnings growth. Dollar Tree's stock has seen a 52-week low of $84.71 and a high of $142.40. The stock's 50-day moving average is $101.45, while the 200-day moving average is $109.32. The company maintains a current ratio of 1.16 and a quick ratio of 0.32, with a debt-to-equity ratio of 216.52.

Recent Earnings

In its most recent earnings report, Dollar Tree posted revenue of $19.75 billion, reflecting a growth rate of 7.2%. The company's earnings per share (EPS) was reported at $6.23. Dollar Tree's net margin stands at 6.51%, and it boasts a return on equity (ROE) of 33.98%. The next earnings date is scheduled for September 2, 2026.

Insider Buying and Selling at Dollar Tree, Inc.

Several insider transactions occurred on April 1, 2026. Chief Legal Officer Mitchell John Jr. sold 980 shares at an average price of $108.70. Chief Accounting Officer Aditya Maheshwari sold 773 shares, and Chief People Officer Steven Schumacher sold 1,981 shares, all at the same price. Chief Merchandising Officer Brent Beebe sold 631 shares, while CEO Michael Creedon Jr. sold 10,224 shares. Additionally, Steven Schumacher purchased 6,899 shares on the same day.

Analysts Set New Price Targets

On May 29, 2026, BNP Paribas maintained a sell rating with a $98 price target on Dollar Tree. Truist Securities maintained a buy rating with a target of $136, and Guggenheim also kept a buy rating with a $135 target. Morgan Stanley maintained a hold rating with a $130 target. Freedom Broker downgraded the stock to hold with a $124 target on May 28. The consensus among 24 analysts is a mixed outlook, with a mean target price of $125.

About Dollar Tree, Inc.

Dollar Tree, Inc. operates a chain of retail discount stores in the U.S. and Canada under the Dollar Tree and Dollar Tree Canada brands. The company sells a range of products including everyday consumables, toys, gifts, and seasonal items. Founded in 1986, Dollar Tree is headquartered in Chesapeake, Virginia, and employs approximately 150,000 people. The company is led by CEO Mr. Stewart F. Glendinning J.D.

Bottom Line

Gotham Asset Management's decision to increase its stake in Dollar Tree by over 50% highlights its confidence in the discount retailer. Investors will be keen to see how Dollar Tree performs in the coming months, especially with the next earnings report due in September. As always, 13F filings reflect past positions and may not indicate current holdings.