Wellington Management Group LLP Reduces Position in Dollar General Corporation $DG

Wellington Management Group LLP trimmed its stake in Dollar General Corporation (NYSE:DG) by 58.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,505 shares of the company’s stock after selling 35,594 shares during the quarter. Wellington Management Group LLP’s holdings in Dollar General were worth $2,936,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in DG. Fideuram Asset Management Ireland dac purchased a new stake in Dollar General during the 4th quarter worth about $25,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new stake in shares of Dollar General during the first quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the period. Finally, Reflection Asset Management acquired a new stake in Dollar General during the fourth quarter worth approximately $28,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have weighed in on DG. Raymond James Financial reiterated an “outperform” rating and issued a $150.00 price target on shares of Dollar General in a report on Friday, August 28th. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and lowered their price objective for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research note on Wednesday, July 8th. Jefferies Financial Group decreased their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, Guggenheim reissued a “buy” rating and issued a $140.00 target price on shares of Dollar General in a research report on Monday, August 31st. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $135.46.

Dollar General Price Performance

Dollar General stock opened at $122.94 on Friday. The firm has a fifty day moving average of $123.66 and a 200-day moving average of $121.64. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23. The firm has a market capitalization of $27.12 billion, a P/E ratio of 15.99, a PEG ratio of 1.70 and a beta of 0.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The company had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the firm posted $1.86 earnings per share. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, analysts predict that Dollar General Corporation will post 7.68 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s payout ratio is 30.69%.

Dollar General Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at low prices. Its merchandise assortment includes consumable products such as food, snacks, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic home products, apparel, and select health and beauty products.

The company serves primarily rural and suburban communities, with stores located throughout the United States. Dollar General also operates related retail formats, including DG Market, DGX, and pOpshelf, which offer assortments tailored to different shopping needs and locations.