Dollar General Corporation $DG Shares Sold by Teacher Retirement System of Texas

Teacher Retirement System of Texas decreased its holdings in Dollar General Corporation (NYSE:DG) by 10.8% during the 4th quarter, HoldingsChannel reports. The fund owned 187,922 shares of the company’s stock after selling 22,808 shares during the quarter. Teacher Retirement System of Texas’ holdings in Dollar General were worth $24,950,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of DG. AQR Capital Management LLC lifted its stake in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in shares of Dollar General by 426.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,699,871 shares of the company’s stock worth $225,692,000 after acquiring an additional 1,377,226 shares in the last quarter. Schroder Investment Management Group lifted its stake in shares of Dollar General by 6,414.7% in the third quarter. Schroder Investment Management Group now owns 960,785 shares of the company’s stock worth $99,297,000 after acquiring an additional 946,037 shares in the last quarter. State Street Corp lifted its stake in shares of Dollar General by 9.1% in the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after acquiring an additional 913,373 shares in the last quarter. Finally, Caisse de depot et placement du Quebec lifted its stake in shares of Dollar General by 1,615.1% in the third quarter. Caisse de depot et placement du Quebec now owns 908,110 shares of the company’s stock worth $93,853,000 after acquiring an additional 855,162 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analysts Forecast Growth

DG has been the subject of several research analyst reports. Piper Sandler boosted their price objective on Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, March 13th. Morgan Stanley lowered their price objective on Dollar General from $160.00 to $150.00 and set an “equal weight” rating for the company in a report on Friday, March 13th. Evercore lowered their price objective on Dollar General from $145.00 to $144.00 in a report on Tuesday, March 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. Finally, BNP Paribas Exane reissued a “neutral” rating and issued a $127.00 price objective on shares of Dollar General in a report on Thursday, March 12th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $146.54.

Dollar General Stock Down 0.9%

NYSE:DG opened at $122.06 on Friday. The firm has a market capitalization of $26.88 billion, a PE ratio of 17.82, a price-to-earnings-growth ratio of 1.99 and a beta of 0.34. The stock has a 50 day moving average of $133.58 and a 200-day moving average of $126.94. Dollar General Corporation has a 52 week low of $86.25 and a 52 week high of $158.23. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating the consensus estimate of $1.57 by $0.36. The company had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Analysts predict that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is 34.45%.

Dollar General 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.