25,985 Dollar General Corporation $DG Shares Acquired by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board lifted its holdings in Dollar General Corporation (NYSE:DG – Free Report) by 237.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,935 shares of the company’s stock after acquiring an additional 25,985 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Dollar General were worth $4,417,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in DG. Evergreen Advisors LLC acquired a new stake in Dollar General during the 1st quarter worth about $25,000. Provenance Wealth Advisors LLC acquired a new position in shares of Dollar General in the 3rd quarter valued at about $25,000. Reyes Financial Architecture Inc. acquired a new position in shares of Dollar General in the 3rd quarter valued at about $30,000. Pension & Wealth Management Advisors Inc. purchased a new stake in shares of Dollar General in the third quarter worth about $32,000. Finally, Nvwm LLC boosted its stake in shares of Dollar General by 2,780.0% in the third quarter. Nvwm LLC now owns 288 shares of the company’s stock worth $34,000 after buying an additional 278 shares during the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. BMO Capital Markets upped their price objective on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Weiss Ratings raised shares of Dollar General from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday. HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and lifted their target price for the company from $125.00 to $160.00 in a report on Thursday, September 24th. Finally, The Goldman Sachs Group boosted their target price on shares of Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $137.96.

Check Out Our Latest Analysis on Dollar General

Dollar General Stock Performance

NYSE DG opened at $137.34 on Thursday. The stock has a market capitalization of $30.30 billion, a price-to-earnings ratio of 17.86, a PEG ratio of 1.83 and a beta of 0.19. The stock has a 50-day moving average of $128.16 and a 200 day moving average of $125.64. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a twelve month low of $99.50 and a twelve month high of $158.23.

Dollar General (NYSE:DG – Get Free Report) last posted 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 analysts’ expectations of $11.20 billion. During the same period in the previous year, the business earned $1.86 earnings per share. The business’s revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.70 EPS for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.7%. Dollar General’s dividend payout ratio is currently 30.69%.

Dollar General Company Profile

(Free Report)

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.

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Institutional Ownership by Quarter for Dollar General (NYSE:DG)

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