Pacer Advisors Inc. Sells 35,116 Shares of Dollar General Corporation $DG

Pacer Advisors Inc. cut its stake in Dollar General Corporation (NYSE:DG) by 3.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 990,974 shares of the company’s stock after selling 35,116 shares during the quarter. Pacer Advisors Inc.’s holdings in Dollar General were worth $117,658,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of DG. Parkside Financial Bank & Trust grew its holdings in Dollar General by 9.3% during the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after buying an additional 69 shares in the last quarter. BOKF NA lifted its stake in Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock valued at $74,000 after acquiring an additional 73 shares in the last quarter. Strata Wealth Advisors LLC boosted its holdings in Dollar General by 3.3% during the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after acquiring an additional 75 shares during the last quarter. Optimize Financial Inc boosted its holdings in Dollar General by 1.4% during the 4th quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after acquiring an additional 76 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on DG. Citigroup lowered their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Rothschild & Co Redburn reduced their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research report on Monday, May 18th. Truist Financial increased their price objective on shares of Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. Barclays dropped their target price on shares of Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Finally, Loop Capital upped their target price on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $131.27.

Dollar General Price Performance

DG opened at $127.24 on Monday. The firm has a market cap of $28.07 billion, a P/E ratio of 18.00, a PEG ratio of 1.93 and a beta of 0.25. The firm has a 50-day moving average of $115.70 and a 200 day moving average of $126.33. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter last year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, research analysts expect that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s payout ratio is 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.