Dollar General Corporation $DG Shares Sold by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC lowered its position in Dollar General Corporation (NYSE:DG) by 57.2% in the first quarter, Holdings Channel reports. The fund owned 1,122,565 shares of the company’s stock after selling 1,503,046 shares during the period. Dollar General makes up approximately 2.0% of ACR Alpine Capital Research LLC’s portfolio, making the stock its 16th biggest holding. ACR Alpine Capital Research LLC’s holdings in Dollar General were worth $133,282,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Parkside Financial Bank & Trust raised its holdings in shares of Dollar General by 9.3% in the 4th quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock valued at $107,000 after purchasing an additional 69 shares in the last quarter. BOKF NA lifted its position in shares of Dollar General by 15.2% during the 4th quarter. BOKF NA now owns 554 shares of the company’s stock worth $74,000 after purchasing an additional 73 shares during the last quarter. Strata Wealth Advisors LLC grew its stake in shares of Dollar General by 3.3% during the fourth quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after purchasing an additional 75 shares in the last quarter. Optimize Financial Inc grew its stake in shares of Dollar General by 1.4% during the fourth quarter. Optimize Financial Inc now owns 5,550 shares of the company’s stock worth $737,000 after purchasing an additional 76 shares in the last quarter. Finally, Tevis Investment Management increased its holdings in Dollar General by 0.5% in the third quarter. Tevis Investment Management now owns 16,655 shares of the company’s stock valued at $1,721,000 after buying an additional 77 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

DG has been the topic of a number of analyst reports. Jefferies Financial Group cut their price target on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Piper Sandler lowered their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. HSBC dropped their price objective on Dollar General from $141.00 to $125.00 and set a “hold” rating on the stock in a report on Wednesday, June 3rd. Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and cut their target price for the stock from $140.00 to $110.00 in a research report on Friday, May 22nd. Finally, Telsey Advisory Group decreased their target price on Dollar General from $140.00 to $125.00 and set a “market perform” rating for the company in a research note on Wednesday, June 3rd. Ten research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Price Performance

Shares of NYSE:DG opened at $118.91 on Friday. 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 $26.23 billion, a P/E ratio of 16.82, a P/E/G ratio of 1.76 and a beta of 0.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25. The company’s fifty day moving average price is $111.09 and its 200 day moving average price is $128.01.

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

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be given a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.0%. Dollar General’s dividend 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.