EVR Research LP Invests $7.30 Million in Dollar General Corporation $DG

EVR Research LP acquired a new position in shares of Dollar General Corporation (NYSE:DG) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 55,000 shares of the company’s stock, valued at approximately $7,302,000. Dollar General comprises 3.9% of EVR Research LP’s holdings, making the stock its 9th largest position.

A number of other large investors also recently modified their holdings of the business. Vanguard Group Inc. boosted its stake in shares of Dollar General by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after buying an additional 412,542 shares during the last quarter. State Street Corp raised its holdings in shares of Dollar General by 0.5% in the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after purchasing an additional 53,624 shares during the period. Morgan Stanley raised its holdings in shares of Dollar General by 35.0% in the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after purchasing an additional 1,624,748 shares during the period. Geode Capital Management LLC raised its holdings in shares of Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after purchasing an additional 42,936 shares during the period. Finally, AQR Capital Management LLC raised its holdings in shares of Dollar General by 47.9% in the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after purchasing an additional 1,208,892 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Dollar General

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Analysts and recent commentary say Dollar General’s margin recovery is gaining traction, helped by lower shrink, fewer damages, and tighter inventory controls, which could support profits. Dollar General’s Margin Expansion Story Gains More Traction
• Positive Sentiment: Barclays reiterated an Overweight rating on DG, saying the company reported a good quarter and that estimates are moving higher, while only slightly trimming its price target. Barclays Maintains Overweight Rating on Dollar General (DG)
• Positive Sentiment: Recent analysis says Dollar General could be undervalued after the retail sector rally and strong earnings-driven reassessment, with the stock back in focus for investors. Dollar General (DG) Stock Could Be 17.5% Undervalued After Retail Rally And Earnings
• Neutral Sentiment: Dollar General completed a store remodel in Union Bridge that added fresh produce, highlighting efforts to improve the customer offering, but the article does not indicate a major immediate financial impact. Union Bridge gets fresh produce for first time since 2008 with Dollar General remodel
• Neutral Sentiment: Zacks Research made mostly small, mixed EPS estimate changes for out-years, with a few upward revisions and several slight cuts; this is not a major near-term catalyst. Dollar General Corporation analyst estimates
• Negative Sentiment: Some commentary argues weak consumer sentiment is still pressuring low-ticket sales at DG, which could limit revenue growth if households remain cautious. Dollar General: Weak Consumer Sentiment Driving Low-Ticket Sales

Wall Street Analyst Weigh In

DG has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft upped their target price on shares of Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a report on Thursday, June 4th. Morgan Stanley dropped their target price on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and issued a $165.00 target price on shares of Dollar General in a report on Thursday, March 12th. Citigroup dropped their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Finally, Telsey Advisory Group dropped their target price on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $131.27.

Dollar General Stock Down 4.5%

Dollar General stock opened at $108.69 on Thursday. The stock has a market cap of $23.97 billion, a P/E ratio of 15.37, a P/E/G ratio of 1.73 and a beta of 0.26. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The company’s 50-day moving average price is $112.67 and its two-hundred day moving average price is $129.20.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. The firm had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, analysts expect that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be issued a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is currently 33.38%.

Dollar General Company Profile

Dollar General Corporation is a U.S.-based variety and discount retailer operating a large network of small-format stores that serve primarily rural and suburban communities. The company is publicly traded on the New York Stock Exchange under the ticker DG and is headquartered in the Nashville/Goodlettsville, Tennessee area. Founded in 1939, Dollar General has grown from a regional operation into one of the nation’s prominent low-price retailers focused on convenience and value.

Dollar General’s stores offer a wide assortment of everyday consumables and household goods, including food and beverage items, cleaning supplies, health and beauty products, paper goods, apparel basics, seasonal merchandise and small household items.