Pinebridge Investments LLC Makes New Investment in Dollar General Corporation $DG

Pinebridge Investments LLC purchased a new stake in Dollar General Corporation (NYSE:DG) in the fourth quarter, according to its most recent filing with the SEC. The fund purchased 89,356 shares of the company’s stock, valued at approximately $11,864,000.

A number of other institutional investors have also made changes to their positions in the company. Fjarde AP Fonden Fourth Swedish National Pension Fund increased its holdings in shares of Dollar General by 15.1% in the 4th quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 55,734 shares of the company’s stock valued at $7,400,000 after acquiring an additional 7,300 shares during the last quarter. Parallel Advisors LLC increased its holdings in shares of Dollar General by 46.2% in the 4th quarter. Parallel Advisors LLC now owns 3,329 shares of the company’s stock valued at $442,000 after acquiring an additional 1,052 shares during the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of Dollar General by 4.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 4,132 shares of the company’s stock valued at $519,000 after acquiring an additional 176 shares during the last quarter. Convergence Financial LLC bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $222,000. Finally, Deseret Mutual Benefit Administrators increased its holdings in shares of Dollar General by 5.4% in the 4th quarter. Deseret Mutual Benefit Administrators now owns 2,500 shares of the company’s stock valued at $332,000 after acquiring an additional 129 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Dollar General Price Performance

Shares of DG opened at $103.57 on Friday. The company has a market cap of $22.85 billion, a P/E ratio of 14.65, a PEG ratio of 1.64 and a beta of 0.26. The stock has a fifty day moving average price of $113.86 and a 200 day moving average price of $128.56. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.22. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. The firm had revenue of $10.79 billion during the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The firm’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, research analysts forecast that Dollar General Corporation will post 7.33 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio is presently 33.38%.

Trending Headlines about Dollar General

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

• Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
• Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
• Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
• Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
• Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
• Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General’s Q1 Beat Driven By Cost Control As CEO Exit Looms
• Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on DG shares. KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a report on Friday, March 13th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $149.00 price target on shares of Dollar General in a report on Wednesday. Piper Sandler lowered their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday. UBS Group reiterated a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Finally, HSBC lowered their price target on Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a report on Wednesday. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $131.27.

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.