Dollar General Corporation $DG Holdings Decreased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. reduced its stake in shares of Dollar General Corporation (NYSE:DG) by 49.8% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,841 shares of the company’s stock after selling 13,726 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Dollar General were worth $1,583,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cantor Fitzgerald Investment Advisors L.P. raised its stake in shares of Dollar General by 0.5% during the second quarter. Cantor Fitzgerald Investment Advisors L.P. now owns 101,386 shares of the company’s stock valued at $11,597,000 after purchasing an additional 517 shares in the last quarter. BOCHK Asset Management Ltd bought a new stake in shares of Dollar General during the second quarter valued at about $606,000. New Wave Wealth Advisors LLC bought a new stake in shares of Dollar General during the second quarter valued at about $249,000. PFG Investments LLC bought a new stake in shares of Dollar General during the second quarter valued at about $221,000. Finally, Raleigh Capital Management Inc. bought a new stake in shares of Dollar General during the second quarter valued at about $123,000. 91.77% of the stock is currently owned by institutional investors.

Dollar General Price Performance

NYSE DG opened at $96.40 on Wednesday. The stock’s 50-day moving average price is $107.89 and its two-hundred day moving average price is $103.36. The company has a current ratio of 1.25, a quick ratio of 0.27 and a debt-to-equity ratio of 0.71. The company has a market cap of $21.22 billion, a PE ratio of 17.85, a PEG ratio of 2.07 and a beta of 0.30. Dollar General Corporation has a 1 year low of $66.43 and a 1 year high of $117.95.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Thursday, August 28th. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.30. The firm had revenue of $10.73 billion for the quarter, compared to the consensus estimate of $10.68 billion. Dollar General had a return on equity of 17.97% and a net margin of 2.86%.The business’s revenue for the quarter was up 5.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.70 EPS. Dollar General has set its FY 2025 guidance at 5.800-6.300 EPS. On average, analysts predict that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Tuesday, October 7th will be issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a yield of 2.4%. The ex-dividend date is Tuesday, October 7th. Dollar General’s payout ratio is presently 43.70%.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Sanford C. Bernstein boosted their price target on shares of Dollar General from $122.00 to $134.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Raymond James Financial boosted their price target on shares of Dollar General from $125.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Evercore ISI dropped their price target on shares of Dollar General from $114.00 to $112.00 and set an “in-line” rating on the stock in a research report on Tuesday. Wolfe Research initiated coverage on shares of Dollar General in a research report on Thursday, September 18th. They issued an “outperform” rating and a $139.00 price target on the stock. Finally, Truist Financial boosted their price target on shares of Dollar General from $119.00 to $120.00 and gave the stock a “hold” rating in a research report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $115.40.

About Dollar General

Dollar General Corporation, a discount retailer, provides various merchandise products in the southern, southwestern, midwestern, and eastern United States. It offers consumable products, including paper and cleaning products, such as paper towels, bath tissues, paper dinnerware, trash and storage bags, disinfectants, and laundry products; packaged food comprising cereals, pasta, canned soups, fruits and vegetables, condiments, spices, sugar, and flour; and perishables that include milk, eggs, bread, refrigerated and frozen food, beer, and wine.