Two Sigma Securities LLC purchased a new position in shares of Dollar General Corporation (NYSE:DG – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 3,978 shares of the company’s stock, valued at approximately $458,000.
A number of other large investors have also made changes to their positions in DG. State Street Corp boosted its holdings in Dollar General by 0.5% during the fourth quarter. State Street Corp now owns 11,017,002 shares of the company’s stock worth $1,462,727,000 after buying an additional 53,624 shares in the last quarter. Morgan Stanley lifted its position in shares of Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after acquiring an additional 1,624,748 shares during the period. Geode Capital Management LLC boosted its stake in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after acquiring an additional 42,936 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Dollar General by 47.9% in the 4th quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock worth $495,830,000 after acquiring an additional 1,208,892 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its stake in 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. Hedge funds and other institutional investors own 91.77% of the company’s stock.
Analysts Set New Price Targets
DG has been the topic of a number of research analyst reports. Freedom Capital downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $160.00 price objective on shares of Dollar General in a research report on Friday, August 28th. Daiwa Securities Group lowered their price objective on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a research note on Thursday, June 4th. Evercore cut their price objective on Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Finally, Morgan Stanley upped their price objective on Dollar General from $132.00 to $145.00 and gave the company an “equal weight” rating in a research report on Friday, August 28th. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar General has a consensus rating of “Hold” and a consensus price target of $134.65.
Dollar General Stock Performance
Shares of DG opened at $130.91 on Thursday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company’s 50 day simple moving average is $122.27 and its 200 day simple moving average is $122.62. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. The company has a market capitalization of $28.88 billion, a price-to-earnings ratio of 17.02, a PEG ratio of 1.79 and a beta of 0.23.
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The business had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same quarter in the previous year, the business earned $1.86 earnings per share. The business’s revenue for the quarter was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, sell-side analysts predict that Dollar General Corporation will post 7.68 EPS for the current year.
Dollar General Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be paid a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. Dollar General’s dividend payout ratio (DPR) is currently 30.69%.
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.
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