SCHEDULE: FMR LLC Discloses 8.1% Stake in Dollar Tree Inc.

FMR LLC and Abigail P. Johnson reported an 8.1% beneficial ownership stake in Dollar Tree Inc. as of December 31, 2025.

Summary

• FMR LLC and Abigail P. Johnson, through various subsidiaries, beneficially own 16,114,767.24 shares of Dollar Tree Inc. common stock.
• This represents an 8.1% stake in the company's common stock.
• FMR LLC holds sole voting power over 15,846,666.85 shares and sole dispositive power over 16,114,767.24 shares.
• The shares were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Dollar Tree Inc.
• Abigail P. Johnson is a Director, Chairman, and CEO of FMR LLC, and members of the Johnson family are predominant owners of FMR LLC's Series B voting common shares, forming a controlling group.
• Several FMR LLC subsidiaries, including Fidelity Management & Research Company LLC, are identified as entities that beneficially own shares, with Fidelity Management & Research Company LLC owning 5% or greater.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a large, reputable institutional investor maintains a significant stake, implying confidence in Dollar Tree Inc.'s long-term prospects without any stated activist intent.

Positives

• A significant institutional investor, FMR LLC, maintains a substantial 8.1% stake in Dollar Tree Inc., indicating continued confidence in the company.
• The acquisition of shares is stated to be in the ordinary course of business, suggesting a long-term investment strategy rather than activist intent.

Future Outlook

This filing does not contain forward-looking statements or guidance from Dollar Tree Inc. It is a disclosure by an investor regarding their ownership stake.

Management Comments

• "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under §§ 240.14a-11."

Industry Context

StockSavvy.ai notes that institutional ownership disclosures like this Schedule 13G provide transparency into major investment positions. FMR LLC's continued significant stake in Dollar Tree Inc. suggests a belief in the long-term value of the discount retail sector, which often performs resiliently across various economic cycles.

Comparison to Industry Standards

• FMR LLC, as a major asset manager, frequently holds significant stakes in publicly traded companies across various sectors, including retail. An 8.1% stake is a substantial passive investment, typical for large institutional funds.
• Compared to other major institutional investors like Vanguard or BlackRock, FMR LLC's disclosure practices for beneficial ownership are standard under SEC regulations.

Corporate Governance

Stakeholder Impact

• Shareholders: Provides transparency regarding a major institutional investor's stake, potentially reinforcing confidence.

Key Dates

Recommendation

This Schedule 13G filing is a routine disclosure of beneficial ownership by a large institutional investor. It indicates FMR LLC's continued significant stake in Dollar Tree Inc. but does not provide new financial performance data or strategic updates from the company itself that would warrant a change in investment thesis. The filing confirms a passive investment stance, suggesting no immediate catalysts for a 'buy' or 'sell' based solely on this information.

Keywords

Dollar Tree Inc, FMR LLC, Abigail P. Johnson, Schedule 13G, Beneficial Ownership, Common Stock, Institutional Investor, Retail, Discount Retail