Dollar General Corporation $DG Stock: Jefferies Financial Group Inc. Trims Position

Jefferies Financial Group Inc. cut its position in shares of Dollar General Corporation (NYSE:DG) by 78.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,959 shares of the company’s stock after selling 35,601 shares during the period. Jefferies Financial Group Inc.’s holdings in Dollar General were worth $1,191,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp bought a new position in shares of Dollar General during the 2nd quarter worth $162,412,000. Flossbach Von Storch SE bought a new position in shares of Dollar General during the second quarter valued at approximately $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Dollar General during the second quarter valued at approximately $50,887,000. Renaissance Technologies LLC increased its holdings in Dollar General by 121.3% during the first quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock valued at $83,610,000 after buying an additional 386,000 shares during the period. Finally, Oppenheimer Asset Management Inc. purchased a new position in Dollar General during the second quarter valued at approximately $33,649,000. 91.77% of the stock is owned by institutional investors.

Dollar General Stock Down 0.4%

Dollar General stock traded down $0.54 during midday trading on Friday, reaching $134.07. The company’s stock had a trading volume of 1,993,616 shares, compared to its average volume of 2,220,902. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The stock has a market capitalization of $29.58 billion, a P/E ratio of 17.43, a PEG ratio of 1.79 and a beta of 0.19. The stock’s 50-day simple moving average is $128.29 and its 200-day simple moving average is $125.49. Dollar General Corporation has a 52-week low of $99.50 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $11.20 billion. During the same quarter in the previous year, the firm earned $1.86 earnings per share. The company’s revenue 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 expect that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DG shares. Morgan Stanley upped their target price on Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a report on Friday, August 28th. Guggenheim reaffirmed a “buy” rating and set a $140.00 price objective on shares of Dollar General in a research report on Monday, August 31st. Wolfe Research reiterated an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a report on Thursday, August 13th. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, Oppenheimer reissued an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research report on Tuesday, August 25th. Thirteen analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Dollar General has a consensus rating of “Hold” and an average price target of $137.96.

About Dollar General

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.