Fort Washington Investment Advisors Inc. OH Sells 40,359 Shares of Dollar General Corporation $DG

Fort Washington Investment Advisors Inc. OH decreased its holdings in Dollar General Corporation (NYSE:DG) by 12.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 289,489 shares of the company’s stock after selling 40,359 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in Dollar General were worth $34,371,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DG. Border to Coast Pensions Partnership Ltd increased its stake in shares of Dollar General by 14.3% in the first quarter. Border to Coast Pensions Partnership Ltd now owns 387,729 shares of the company’s stock valued at $46,176,000 after buying an additional 48,563 shares during the period. Pictet Asset Management Holding SA lifted its stake in shares of Dollar General by 13.0% in the first quarter. Pictet Asset Management Holding SA now owns 139,741 shares of the company’s stock worth $16,590,000 after acquiring an additional 16,115 shares during the period. GHP Investment Advisors Inc. boosted its holdings in Dollar General by 1.0% in the first quarter. GHP Investment Advisors Inc. now owns 18,024 shares of the company’s stock valued at $2,140,000 after acquiring an additional 175 shares during the last quarter. OLD National Bancorp IN boosted its holdings in Dollar General by 0.3% in the first quarter. OLD National Bancorp IN now owns 93,637 shares of the company’s stock valued at $11,118,000 after acquiring an additional 286 shares during the last quarter. Finally, Louisiana State Employees Retirement System acquired a new stake in Dollar General during the 1st quarter valued at approximately $1,330,000. 91.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DG has been the subject of several analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Dollar General in a report on Friday, April 10th. Jefferies Financial Group decreased their price objective on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a research report on Wednesday, June 3rd. Guggenheim lowered their target price on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. KeyCorp restated a “sector weight” rating on shares of Dollar General in a report on Friday, March 13th. Finally, Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and cut their price target for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Ten equities 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. Based on data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and an average price target of $131.27.

Dollar General Price Performance

Dollar General stock opened at $119.45 on Friday. The stock has a market capitalization of $26.35 billion, a price-to-earnings ratio of 16.90, a PEG ratio of 1.82 and a beta of 0.26. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. The stock’s 50 day moving average price is $112.07 and its two-hundred day moving average price is $129.09.

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. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the company posted $1.78 EPS. The firm’s revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is currently 33.38%.

Dollar General 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.