Kingsview Wealth Management LLC Sells 114,016 Shares of Dollar General Corporation $DG

Kingsview Wealth Management LLC cut its holdings in shares of Dollar General Corporation (NYSE:DG) by 89.5% during the fourth quarter, Holdings Channel reports. The fund owned 13,439 shares of the company’s stock after selling 114,016 shares during the period. Kingsview Wealth Management LLC’s holdings in Dollar General were worth $1,784,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of DG. Life Cycle Investment Partners Ltd bought a new stake in Dollar General during the 4th quarter worth approximately $363,299,000. AQR Capital Management LLC boosted its position in Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after buying an additional 2,036,573 shares during the last quarter. Bessemer Group Inc. boosted its position in Dollar General by 24,882.5% in the 4th quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock valued at $224,953,000 after buying an additional 1,687,533 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Dollar General by 426.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,699,871 shares of the company’s stock valued at $225,692,000 after buying an additional 1,377,226 shares during the last quarter. Finally, Schroder Investment Management Group boosted its position in Dollar General by 6,414.7% in the 3rd quarter. Schroder Investment Management Group now owns 960,785 shares of the company’s stock valued at $99,297,000 after buying an additional 946,037 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Key Dollar General News

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

• Positive Sentiment: Dollar General rose alongside Dollar Tree after DLTR beat first-quarter expectations and lifted its profit forecast, boosting sentiment across discount retailers and suggesting resilient demand from lower-income consumers.
• Positive Sentiment: Oppenheimer kept an outperform rating on Dollar General while lowering its price target to $150 from $170, citing potential upside despite cost pressures and cautious consumer spending; the new target still implies meaningful upside from current levels.
• Neutral Sentiment: Analysts at Rothschild & Co Redburn made several mixed EPS estimate changes for future years, including some upward revisions, but the firm maintained a Sell rating and a $90 target, making the revisions less relevant to near-term trading.
• Neutral Sentiment: Investors are also watching Dollar General’s upcoming Q1 results and guidance, with Oppenheimer suggesting the company could guide conservatively because of cost headwinds and pressure on consumers.
• Negative Sentiment: Broader concerns remain around labor practices, workplace safety, and a shareholder vote on a human rights policy, which could add reputational and governance pressure on the stock over time.

Dollar General Stock Performance

DG stock opened at $110.52 on Monday. The business’s fifty day moving average is $115.48 and its 200-day moving average is $128.67. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. The company has a market cap of $24.34 billion, a P/E ratio of 16.13, a price-to-earnings-growth ratio of 1.80 and a beta of 0.26. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The company had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Equities research analysts forecast that Dollar General Corporation will post 7.25 EPS for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. Dollar General’s dividend payout ratio is 34.45%.

Wall Street Analyst Weigh In

A number of research analysts have commented on DG shares. Piper Sandler increased their price objective on Dollar General from $132.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday, March 13th. Evercore decreased their price objective on Dollar General from $145.00 to $144.00 in a research report on Tuesday, March 3rd. Oppenheimer decreased their price objective on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday. Barclays reiterated an “overweight” rating on shares of Dollar General in a research report on Thursday, March 12th. Finally, Truist Financial decreased their price objective on Dollar General from $139.00 to $109.00 and set a “hold” rating on the stock in a research report on Wednesday, May 27th. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $139.19.

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.