Mirae Asset Global Investments Co. Ltd. Makes New Investment in Dollar General Corporation $DG

Mirae Asset Global Investments Co. Ltd. bought a new stake in Dollar General Corporation (NYSE:DG) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 61,550 shares of the company’s stock, valued at approximately $7,360,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in DG. Arrowstreet Capital Limited Partnership lifted its stake in shares of Dollar General by 6.2% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after acquiring an additional 167,546 shares during the period. Dimensional Fund Advisors LP increased its position in Dollar General by 2.8% in the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock worth $332,443,000 after purchasing an additional 75,323 shares during the period. Royal Bank of Canada increased its position in Dollar General by 0.8% in the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock worth $323,362,000 after purchasing an additional 20,366 shares during the period. Bank of New York Mellon Corp acquired a new stake in Dollar General in the second quarter worth about $162,412,000. Finally, Flossbach Von Storch SE bought a new stake in Dollar General during the 2nd quarter worth about $81,178,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Guggenheim restated a “buy” rating and set a $140.00 target price on shares of Dollar General in a research report on Monday, August 31st. Argus lifted their price target on shares of Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, October 24th. Raymond James Financial restated an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a report on Friday, August 28th. Finally, Weiss Ratings raised shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $137.96.

Dollar General Trading Up 8.7%

Shares of NYSE DG opened at $141.83 on Thursday. The company’s fifty day moving average is $127.09 and its 200-day moving average is $125.90. The stock has a market cap of $31.29 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 1.74 and a beta of 0.19. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG) last released 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. The business had revenue of $11.29 billion during the quarter, compared to analysts’ expectations of $11.20 billion. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

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

Dollar General News Roundup

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

• Positive Sentiment: Dollar General’s “Value Valley” promotion, including $1 deals and expanded displays, is reported to be resonating with budget-conscious shoppers alongside strong comparable-sales growth. That supports the case for continued customer traffic. Dollar General’s Value Valley Gains Momentum: More Upside Ahead?
• Positive Sentiment: Coverage also highlights the DGTP store format, planned remodels, store expansion and digital growth as potential longer-term sales and productivity drivers. Some analysis notes DG trades at a discount to industry peers, while lingering cost pressures remain. Is Dollar General’s New DGTP Store Format a Growth Catalyst? Is Dollar General Stock a Buy at Its Current Valuation?
• Neutral Sentiment: Management says higher-income households are showing spending patterns similar to more budget-constrained consumers. This could broaden demand for value retailers, but also reflects pressure on household finances. People Making Over $100,000 Per Year are Acting Like They are Living Paycheck to Paycheck
• Negative Sentiment: The FTC and 20 states are suing Dollar General over allegations that shoppers were repeatedly charged more at checkout than advertised. The claims raise potential legal costs and reputational concerns; a separate law-firm announcement of a fraud investigation adds to the headline risk. Dollar General hit with FTC lawsuit over allegedly overcharging shoppers millions DG Investors Have Opportunity to Join Dollar General Corporation Fraud Investigation with SBS Law

Dollar General Company Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.