Dollar General Corporation $DG Stock Holdings Lifted by Maryland State Retirement & Pension System

Maryland State Retirement & Pension System raised its holdings in shares of Dollar General Corporation (NYSE:DG) by 299.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 45,961 shares of the company’s stock after acquiring an additional 34,460 shares during the period. Maryland State Retirement & Pension System’s holdings in Dollar General were worth $5,496,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. Arrowstreet Capital Limited Partnership boosted its stake in shares of Dollar General by 6.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after purchasing an additional 167,546 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Dollar General by 2.8% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock worth $332,443,000 after purchasing an additional 75,323 shares during the period. Royal Bank of Canada lifted its stake in Dollar General by 0.8% in the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock worth $323,362,000 after purchasing an additional 20,366 shares during the last quarter. ACR Alpine Capital Research LLC lifted its stake in Dollar General by 0.6% in the third quarter. ACR Alpine Capital Research LLC now owns 1,737,618 shares of the company’s stock worth $207,784,000 after purchasing an additional 10,319 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Dollar General in the second quarter worth $162,412,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Dollar General Trading Down 2.0%

NYSE:DG opened at $134.68 on Friday. The company has a fifty day moving average of $128.23 and a 200 day moving average of $125.56. Dollar General Corporation has a 52 week low of $99.50 and a 52 week high of $158.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $29.71 billion, a P/E ratio of 17.51, a P/E/G ratio of 1.83 and a beta of 0.19.

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

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, October 6th. Dollar General’s dividend payout ratio is 30.69%.

Analyst Ratings Changes

Several analysts have issued reports on DG shares. BNP Paribas Exane upped their price target on shares of Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. BMO Capital Markets lifted their price objective on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a report on Friday, August 28th. Wolfe Research reissued an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a research note on Thursday, August 13th. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, October 24th. Finally, Morgan Stanley increased their target price on Dollar General from $132.00 to $145.00 and gave the company an “equal weight” rating in a report on Friday, August 28th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.