Dollar General Corporation $DG Shares Acquired by Ethic Inc.

Ethic Inc. boosted its holdings in Dollar General Corporation (NYSE:DG) by 17.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 28,811 shares of the company’s stock after acquiring an additional 4,222 shares during the quarter. Ethic Inc.’s holdings in Dollar General were worth $3,445,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Dollar General in the second quarter worth about $50,887,000. Royal London Asset Management Ltd. grew its position in Dollar General by 30.7% in the 2nd quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company’s stock valued at $73,519,000 after buying an additional 149,869 shares in the last quarter. KBC Group NV grew its position in Dollar General by 63.8% in the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock valued at $7,230,000 after buying an additional 23,710 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in Dollar General during the 2nd quarter valued at about $162,412,000. Finally, Tidal Investments LLC increased its stake in Dollar General by 31.0% during the 2nd quarter. Tidal Investments LLC now owns 80,326 shares of the company’s stock valued at $9,246,000 after buying an additional 19,024 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have commented on the stock. Guggenheim restated a “buy” rating and set a $140.00 price target on shares of Dollar General in a research report on Monday, August 31st. Oppenheimer reiterated an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a report on Tuesday, August 25th. BNP Paribas Exane raised their price objective on shares of Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Piper Sandler boosted their target price on Dollar General from $118.00 to $123.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Citigroup boosted their target price on Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Thirteen analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $137.96.

Dollar General Price Performance

NYSE:DG opened at $137.42 on Wednesday. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. The business’s 50-day moving average price is $128.04 and its 200 day moving average price is $125.69. Dollar General Corporation has a 52-week low of $99.50 and a 52-week high of $158.23. The firm has a market cap of $30.32 billion, a P/E ratio of 17.87, a PEG ratio of 1.82 and a beta of 0.19.

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, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the company earned $1.86 EPS. Dollar General’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. As a group, sell-side analysts predict that Dollar General Corporation will post 7.70 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

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

Key Headlines Impacting Dollar General

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

• Positive Sentiment: Dollar General is accelerating remodels through Project Renovate and Project Elevate, which target comparable-sales lifts of 6% and 3%, respectively. If achieved, the initiatives could support future sales growth. How Much Growth Can Dollar General Unlock From Store Remodels?
• Neutral Sentiment: Director Timothy I. McGuire notified the company that he plans to resign from Dollar General’s board in December. The reports give no reason for his departure or indicate an impact on operations. Timothy McGuire to resign from Dollar General board in December
• Neutral Sentiment: Recent articles compare DG’s valuation with Ross Stores (ROST), but the provided coverage does not identify a new company-specific development or clear catalyst for DG shares. DG or ROST: Which Is the Better Value Stock Right Now?

Dollar General Profile

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.