Dollar General Corporation $DG Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System reduced its holdings in Dollar General Corporation (NYSE:DG) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 264,427 shares of the company’s stock after selling 6,425 shares during the period. California State Teachers Retirement System’s holdings in Dollar General were worth $31,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after acquiring an additional 1,185 shares during the period. NewEdge Advisors LLC raised its position 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 acquiring an additional 1,148 shares during the period. Woodline Partners LP raised its position in Dollar General by 40.7% during the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after acquiring an additional 5,373 shares during the period. Sivia Capital Partners LLC purchased a new position in Dollar General during the second quarter valued at $211,000. Finally, Jump Financial LLC purchased a new position in Dollar General during the second quarter valued at $209,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Trading Down 0.2%

Shares of DG opened at $127.24 on Friday. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23. The stock has a market cap of $28.07 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.94 and a beta of 0.25. The firm’s fifty day moving average is $115.70 and its two-hundred day moving average is $126.49. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The business had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were paid a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s dividend payout ratio is currently 33.38%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DG. Citigroup dropped their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Raymond James Financial restated an “outperform” rating and set a $145.00 price target on shares of Dollar General in a research report on Wednesday, June 3rd. Rothschild & Co Redburn decreased their price target on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating on the stock in a research note on Monday, May 18th. Jefferies Financial Group lowered their price objective on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a report on Wednesday, June 3rd. Finally, Daiwa Securities Group cut their price objective on Dollar General from $136.00 to $111.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently 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.