BMO Capital Holds Dollar Tree with $110 Price Target

Dollar Tree (DLTR) has received a Hold rating from BMO Capital, with a price target of $110.00. Analyst Kelly Bania has a 67.60% success rate and an average return of 8.1%. The company's shares opened at $115.66, with a one-year high of $116.50 and a one-year low of $60.49. Dollar Tree has an average volume of 3.81M and a neutral corporate insider sentiment with 42 insiders active in the past year.

BMO Capital has recently raised its price target for Dollar Tree (NASDAQ: DLTR) to $110.00, while maintaining a Hold rating. The stock currently trades at $116.56, having gained 54.34% year-to-date and nearing its 52-week high of $116.50 [1]. The firm's new target reflects a 20x multiple of its revised 2026 earnings per share (EPS) estimate of $5.52, which aligns with Dollar Tree's peak valuation multiple of approximately 19-20x before its Family Dollar acquisition [1].

BMO Capital's upward revision comes amid positive analyst sentiment. Guggenheim, Wells Fargo, and Barclays have all raised their price targets for Dollar Tree, with Barclays upgrading the stock from Equalweight to Overweight and setting a $150.00 target [1]. Despite these positive signals, BMO Capital expresses caution, citing uncertainties about tariff mitigation strategies and potential reliance on pricing adjustments that could affect merchandise quality long-term [1].

Institutional investors have also shown strong interest in Dollar Tree. Major investors, including Kovitz Investment Group and Balyasny Asset Management, significantly increased their stakes in the company [2]. US Bancorp DE boosted its holdings by 40.4% in the first quarter, owning approximately 0.05% of Dollar Tree's shares [2].

Dollar Tree's stock repurchase plan, announced on July 9, 2025, authorizes the company to repurchase $2.5 billion in shares, indicating confidence in the stock's undervaluation [2]. The company's quarterly earnings report for the period ending June 4, 2025, showed a positive EPS of $1.26, beating analyst estimates by $0.05 [2].

References:
[1] https://www.investing.com/news/analyst-ratings/bmo-capital-raises-dollar-tree-stock-price-target-to-110-on-strong-comps-93CH-4173756
[2] https://www.marketbeat.com/instant-alerts/filing-dollar-tree-inc-nasdaqdltr-shares-bought-by-us-bancorp-de-2025-08-04/