Brandywine Global Investment Management LLC Sells 184,386 Shares of Dollar General Corporation $DG

Brandywine Global Investment Management LLC lessened its holdings in shares of Dollar General Corporation (NYSE:DG) by 12.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,254,014 shares of the company’s stock after selling 184,386 shares during the quarter. Dollar General comprises 1.1% of Brandywine Global Investment Management LLC’s portfolio, making the stock its 17th biggest holding. Brandywine Global Investment Management LLC’s holdings in Dollar General were worth $166,495,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DG. Fideuram Asset Management Ireland dac purchased a new position in Dollar General during the 4th quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares in the last quarter. Eastern Bank purchased a new position in Dollar General during the 4th quarter valued at approximately $35,000. Flagship Harbor Advisors LLC purchased a new position in Dollar General during the 4th quarter valued at approximately $36,000. Finally, Basepoint Wealth LLC purchased a new position in Dollar General during the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

More Dollar General News

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
• Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
• Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
• Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
• Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
• Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General’s Q1 Beat Driven By Cost Control As CEO Exit Looms
• Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. The Goldman Sachs Group cut their price target on Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft boosted their target price on Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Thursday. HSBC lowered their price target on Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research report on Wednesday, June 3rd. Wolfe Research reaffirmed an “outperform” rating and set a $165.00 price objective on shares of Dollar General in a research note on Thursday, March 12th. Finally, Evercore cut their price objective on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Ten analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Stock Performance

Shares of NYSE:DG opened at $103.57 on Monday. The firm’s 50 day simple moving average is $113.86 and its 200-day simple moving average is $128.74. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The firm has a market cap of $22.85 billion, a PE ratio of 14.65, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.Dollar General’s revenue was up 3.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts predict that Dollar General Corporation will post 7.33 EPS for the current year.

Dollar General Announces Dividend

The company also recently declared 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. 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 2.3%. Dollar General’s dividend 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.