Dollar General Corporation $DG Stock Position Lowered by California Public Employees Retirement System

California Public Employees Retirement System decreased its position in Dollar General Corporation (NYSE:DG) by 24.8% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 425,795 shares of the company’s stock after selling 140,131 shares during the period. California Public Employees Retirement System’s holdings in Dollar General were worth $50,555,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of DG. Parkside Financial Bank & Trust raised its position in Dollar General by 9.3% in the fourth quarter. Parkside Financial Bank & Trust now owns 808 shares of the company’s stock worth $107,000 after acquiring an additional 69 shares in the last quarter. BOKF NA grew its stake in shares of Dollar General by 15.2% in 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% in the 4th quarter. Strata Wealth Advisors LLC now owns 2,367 shares of the company’s stock worth $314,000 after purchasing an additional 75 shares during the last quarter. Optimize Financial Inc raised its holdings in shares of Dollar General by 1.4% in the 4th 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, Frank Rimerman Advisors LLC raised its holdings in shares of Dollar General by 1.7% in the 4th quarter. Frank Rimerman Advisors LLC now owns 4,628 shares of the company’s stock worth $614,000 after purchasing an additional 77 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on DG shares. Truist Financial increased their target price on shares of Dollar General from $109.00 to $114.00 and gave the company a “hold” rating in a research note on Tuesday, June 2nd. HSBC decreased 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. BNP Paribas Exane cut their price objective on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Oppenheimer reduced their price objective on Dollar General from $170.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, May 29th. Finally, Barclays reduced their price objective on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Performance

Dollar General stock opened at $124.80 on Tuesday. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. The firm’s 50 day simple moving average is $112.26 and its 200-day simple moving average is $127.43. 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 has a market cap of $27.53 billion, a P/E ratio of 17.65, a price-to-earnings-growth ratio of 1.91 and a beta of 0.25.

Dollar General (NYSE:DG) last posted its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same quarter last year, the business posted $1.78 EPS. 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. As a group, equities research analysts predict that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

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 issued a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.9%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is currently 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.