585,851 Shares in Dollar General Corporation $DG Purchased by Employees Provident Fund Board

Employees Provident Fund Board acquired a new position in Dollar General Corporation (NYSE:DG) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 585,851 shares of the company’s stock, valued at approximately $77,783,000. Employees Provident Fund Board owned 0.27% of Dollar General as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Calamos Advisors LLC boosted its stake in shares of Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock valued at $32,591,000 after buying an additional 60,746 shares during the period. Park Capital Management LLC WI bought a new stake in Dollar General in the 4th quarter valued at $1,245,000. Westpac Banking Corp lifted its position in shares of Dollar General by 765.2% in the 3rd quarter. Westpac Banking Corp now owns 9,197 shares of the company’s stock worth $951,000 after acquiring an additional 8,134 shares during the period. Norges Bank acquired a new position in shares of Dollar General in the 4th quarter valued at $133,431,000. Finally, Geode Capital Management LLC raised its position in Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after purchasing an additional 42,936 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have issued reports on DG. Rothschild & Co Redburn cut their price objective on Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $140.00 to $110.00 in a report on Friday, May 22nd. Piper Sandler dropped their price target on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. HSBC cut their price target on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a research report on Wednesday, June 3rd. Finally, KeyCorp restated a “sector weight” rating on shares of Dollar General in a report on Friday, March 13th. Ten investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $131.27.

Dollar General Price Performance

NYSE:DG opened at $113.41 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. The stock’s 50 day moving average price is $112.32 and its two-hundred day moving average price is $129.11. 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 $25.02 billion, a price-to-earnings ratio of 16.04, a P/E/G ratio of 1.72 and a beta of 0.26.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company had revenue of $10.79 billion for the quarter, compared to analyst estimates of $10.81 billion. During the same period in the prior year, the firm earned $1.78 earnings per share. The company’s revenue was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a $0.59 dividend. This represents a $2.36 annualized dividend and a dividend yield of 2.1%. The ex-dividend date is Tuesday, July 7th. Dollar General’s payout ratio is 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.