526,277 Dollar General Corporation $DG Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC lessened its holdings in Dollar General Corporation (NYSE:DG) by 5.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,695,783 shares of the company’s stock after selling 526,277 shares during the quarter. Dollar General comprises approximately 3.4% of Pzena Investment Management LLC’s holdings, making the stock its 6th biggest position. Pzena Investment Management LLC’s holdings in Dollar General were worth $1,159,422,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of DG. Bank of New York Mellon Corp bought a new stake in shares of Dollar General during the 2nd quarter worth $162,412,000. Flossbach Von Storch SE purchased a new position in Dollar General in the second quarter valued at about $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in shares of Dollar General during the 2nd quarter worth approximately $50,887,000. Renaissance Technologies LLC raised its holdings in shares of Dollar General by 121.3% in the 1st quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock worth $83,610,000 after purchasing an additional 386,000 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new position in shares of Dollar General during the 2nd quarter valued at $33,649,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on DG shares. Sanford C. Bernstein restated an “outperform” rating and issued a $160.00 price objective on shares of Dollar General in a research note on Friday, August 28th. Barclays lifted their price target on Dollar General from $148.00 to $151.00 and gave the company an “overweight” rating in a research report on Tuesday, September 8th. Weiss Ratings upgraded Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Guggenheim reissued a “buy” rating and set a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Dollar General presently has a consensus rating of “Hold” and a consensus target price of $137.96.

Dollar General Trading Up 8.7%

Shares of Dollar General stock opened at $141.83 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The firm has a market cap of $31.29 billion, a PE ratio of 18.44, a PEG ratio of 1.74 and a beta of 0.19. The company has a 50 day simple moving average of $127.09 and a two-hundred day simple moving average of $125.90.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same period in the previous year, the business earned $1.86 earnings per share. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Analysts expect that Dollar General Corporation will post 7.70 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.7%. The ex-dividend date was Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.

Key Dollar General News

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

• Positive Sentiment: Dollar General’s “Value Valley” promotion, including $1 deals and expanded displays, is reported to be resonating with budget-conscious shoppers alongside strong comparable-sales growth. That supports the case for continued customer traffic. Dollar General’s Value Valley Gains Momentum: More Upside Ahead?
• Positive Sentiment: Coverage also highlights the DGTP store format, planned remodels, store expansion and digital growth as potential longer-term sales and productivity drivers. Some analysis notes DG trades at a discount to industry peers, while lingering cost pressures remain. Is Dollar General’s New DGTP Store Format a Growth Catalyst? Is Dollar General Stock a Buy at Its Current Valuation?
• Neutral Sentiment: Management says higher-income households are showing spending patterns similar to more budget-constrained consumers. This could broaden demand for value retailers, but also reflects pressure on household finances. People Making Over $100,000 Per Year are Acting Like They are Living Paycheck to Paycheck
• Negative Sentiment: The FTC and 20 states are suing Dollar General over allegations that shoppers were repeatedly charged more at checkout than advertised. The claims raise potential legal costs and reputational concerns; a separate law-firm announcement of a fraud investigation adds to the headline risk. Dollar General hit with FTC lawsuit over allegedly overcharging shoppers millions DG Investors Have Opportunity to Join Dollar General Corporation Fraud Investigation with SBS Law

About Dollar General

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

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.