Dollar General Corporation $DG Shares Purchased by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA increased its holdings in shares of Dollar General Corporation (NYSE:DG) by 13.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 139,741 shares of the company’s stock after buying an additional 16,115 shares during the quarter. Pictet Asset Management Holding SA’s holdings in Dollar General were worth $16,590,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Dollar General by 4.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC raised its stake in Dollar General by 12.3% during the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after purchasing an additional 1,148 shares during the period. Woodline Partners LP boosted its holdings in shares of Dollar General by 40.7% in the 1st quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock valued at $1,634,000 after purchasing an additional 5,373 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Dollar General during the 2nd quarter valued at $211,000. Finally, Jump Financial LLC purchased a new stake in shares of Dollar General during the 2nd quarter valued at $209,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Up 2.6%

Shares of NYSE DG opened at $118.19 on Friday. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. The company has a market cap of $26.07 billion, a P/E ratio of 16.72, a P/E/G ratio of 1.75 and a beta of 0.25. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The stock has a fifty day moving average price of $111.36 and a 200 day moving average price of $128.76.

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. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same quarter in the previous year, the firm posted $1.78 earnings per share. The firm’s quarterly revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts anticipate that Dollar General Corporation will post 7.38 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s payout ratio is 33.38%.

Analysts Set New Price Targets

Several research analysts recently weighed in on DG shares. UBS Group reaffirmed a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Sanford C. Bernstein restated an “outperform” rating and set a $149.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. HSBC cut their price objective on Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, June 3rd. Loop Capital lifted their price objective on Dollar General from $110.00 to $115.00 and gave the company a “hold” rating in a research note on Wednesday, June 3rd. Finally, Telsey Advisory Group decreased their target price on Dollar General from $140.00 to $125.00 and set a “market perform” rating for the company in a report on Wednesday, June 3rd. Ten investment 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. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Company 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.