BlackRock Amends Dollar Tree Stake: Passive Investment Update

Ticker: DLTR · Form: SC 13G/A · Filed: 2024-02-07T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment, retail

TL;DR

**BlackRock just updated its passive stake in Dollar Tree; watch for market reaction.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on February 7, 2024, indicating a change in its ownership stake in Dollar Tree, Inc. as of December 31, 2023. This filing, Amendment No. 15, updates BlackRock's passive investment position in Dollar Tree's Common Stock. This matters to investors because BlackRock is a major institutional investor, and changes in its holdings can signal shifts in its confidence in Dollar Tree's future performance, potentially influencing other investors.

Why It Matters

Changes in large institutional holdings like BlackRock's can influence market sentiment and stock price, as other investors often follow the lead of major players.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive investor and does not indicate any immediate or significant risk to Dollar Tree.

Analyst Insight

Investors should note BlackRock's continued passive interest in Dollar Tree, but this filing alone doesn't suggest a need for immediate action. It's a routine update reflecting a large institutional investor's position.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as stated in the 'FORM TYPE: SC 13G/A' and 'SCHEDULE 13G (Amendment No: 15)' sections.

Who is the filer of this SC 13G/A?

The filer of this SC 13G/A is BlackRock Inc., as indicated under the 'FILED BY: COMPANY DATA' section.

What company's securities are being reported in this filing?

The securities of DOLLAR TREE, INC. are being reported, as stated under the 'SUBJECT COMPANY: COMPANY DATA' and 'Name of Issuer' sections.

What was the date of the event that triggered this filing?

The date of the event which required the filing of this statement was December 31, 2023, as specified in the 'Date of Event Which Requires Filing of this Statement' section.

Under which rule was this Schedule 13G filed?

This Schedule 13G was filed under Rule 13d-1(b), as indicated by the '[X] Rule 13d-1(b)' checkbox on the cover page.

From the Filing

0001086364-24-006720.txt : 20240207 0001086364-24-006720.hdr.sgml : 20240207 20240207091359 ACCESSION NUMBER: 0001086364-24-006720 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240207 DATE AS OF CHANGE: 20240207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: DOLLAR TREE, INC. CENTRAL INDEX KEY: 0000935703 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-VARIETY STORES [5331] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 541387365 STATE OF INCORPORATION: VA FISCAL YEAR END: 0203 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-50167 FILM NUMBER: 24602392 BUSINESS ADDRESS: STREET 1: 500 VOLVO PARKWAY STREET 2: N/A CITY: CHESAPEAKE STATE: VA ZIP: 23320 BUSINESS PHONE: (757) 321-5000 MAIL ADDRESS: STREET 1: 500 VOLVO PARKWAY CITY: CHESAPEAKE STATE: VA ZIP: 23320 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE INC DATE OF NAME CHANGE: 20080328 FORMER COMPANY: FORMER CONFORMED NAME: DOLLAR TREE STORES INC DATE OF NAME CHANGE: 19950117 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us2567461080_020724.txt us2567461080_020724.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 15) DOLLAR TREE INC -------------------------------------------------------- (Name of Issuer) Common Stock -------------------------------------------------------- (Title of Class of Securities) 256746108 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 256746108 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 13971890 (6) Shared voting power 0 (7) Sole dispositive power 15420175 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 15420175 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.1% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- DOLLAR TREE INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 500 VOLVO PARKWAY CHESAPEAKE VA 23320 Item 2. 2(a) Name of person filing: --------------

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