Dollar General Corporation $DG Shares Sold by Capital World Investors

Capital World Investors decreased its holdings in shares of Dollar General Corporation (NYSE:DG) by 3.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 936,230 shares of the company’s stock after selling 34,317 shares during the quarter. Capital World Investors owned about 0.43% of Dollar General worth $124,303,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Dollar General in the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC raised its position in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after buying an additional 79 shares during the period. Eastern Bank purchased a new position in shares of Dollar General in the 4th quarter worth $35,000. Flagship Harbor Advisors LLC purchased a new position in shares of Dollar General in the 4th quarter worth $36,000. Finally, Basepoint Wealth LLC purchased a new position in shares of Dollar General in the 4th quarter worth $39,000. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the topic of several research reports. Daiwa Securities Group cut their target price on Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. The Goldman Sachs Group cut their price objective on Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Telsey Advisory Group cut their price objective on Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Finally, UBS Group reissued a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $131.27.

Dollar General Trading Up 3.0%

NYSE:DG opened at $106.80 on Tuesday. The business’s 50-day moving average is $113.61 and its two-hundred day moving average is $128.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The firm has a market capitalization of $23.56 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $10.81 billion. During the same period in the previous year, the company earned $1.78 earnings per share. The company’s revenue for the quarter 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. Research analysts predict that Dollar General Corporation will post 7.33 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.

Dollar General Company 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.