5,079 Shares in Dollar General Corporation $DG Bought by Wright Investors Service Inc.

Wright Investors Service Inc. purchased a new position in shares of Dollar General Corporation (NYSE:DG) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 5,079 shares of the company’s stock, valued at approximately $674,000.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its holdings in shares of Dollar General by 0.3% during the third quarter. Vanguard Group Inc. now owns 26,896,503 shares of the company’s stock worth $2,779,754,000 after purchasing an additional 78,854 shares during the period. State Street Corp lifted its holdings in Dollar General by 9.1% in the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock valued at $1,133,065,000 after acquiring an additional 913,373 shares during the period. Baillie Gifford & Co. lifted its holdings in Dollar General by 2.1% in the fourth quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock valued at $440,286,000 after acquiring an additional 68,723 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Dollar General by 3.6% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock valued at $290,599,000 after acquiring an additional 96,825 shares during the period. Finally, Invesco Ltd. lifted its holdings in Dollar General by 7.4% in the third quarter. Invesco Ltd. now owns 2,725,276 shares of the company’s stock valued at $281,657,000 after acquiring an additional 188,949 shares during the period. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Performance

Shares of DG opened at $123.65 on Friday. Dollar General Corporation has a 12-month low of $86.25 and a 12-month high of $158.23. The stock has a market cap of $27.23 billion, a P/E ratio of 18.05, a PEG ratio of 1.96 and a beta of 0.34. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The company has a 50-day moving average of $135.84 and a two-hundred day moving average of $126.14.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. During the same period last year, the company posted $0.87 EPS. The company’s revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, research analysts predict that Dollar General Corporation will post 5.75 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is presently 34.45%.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. Piper Sandler raised their target price on Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, March 13th. Sanford C. Bernstein reduced their target price on Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. BNP Paribas Exane reissued a “neutral” rating and issued a $127.00 target price on shares of Dollar General in a report on Thursday, March 12th. Wells Fargo & Company raised their target price on Dollar General from $115.00 to $125.00 and gave the company an “equal weight” rating in a report on Friday, December 19th. Finally, JPMorgan Chase & Co. raised their target price on Dollar General from $166.00 to $170.00 and gave the company an “overweight” rating in a report on Friday, January 9th. Thirteen 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, the company currently has a consensus rating of “Hold” and an average price target of $146.54.

About Dollar General

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.