Adams Diversified Equity Fund Inc. Purchases New Stake in Dollar General Corporation $DG

Adams Diversified Equity Fund Inc. purchased a new stake in shares of Dollar General Corporation (NYSE:DG) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 138,400 shares of the company’s stock, valued at approximately $18,375,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Calamos Advisors LLC grew its position in 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 purchasing an additional 60,746 shares during the last quarter. Park Capital Management LLC WI bought a new position in shares of Dollar General in the 4th quarter worth approximately $1,245,000. Westpac Banking Corp lifted its stake 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 purchasing an additional 8,134 shares during the period. Geode Capital Management LLC lifted its stake in shares of Dollar General by 0.8% in the 4th 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 during the period. Finally, Norges Bank bought a new stake in Dollar General during the 4th quarter worth approximately $133,431,000. 91.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on DG. BMO Capital Markets decreased their target price on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a research note on Wednesday, June 3rd. Jefferies Financial Group dropped their price objective on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Raymond James Financial reiterated an “outperform” rating and set a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Finally, Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and decreased their price objective for the company from $140.00 to $110.00 in a report on Friday, May 22nd. 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. Based on data from MarketBeat.com, Dollar General has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Trading Up 0.5%

Dollar General stock opened at $114.90 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The stock’s 50 day simple moving average is $113.17 and its two-hundred day simple moving average is $128.89. The firm has a market cap of $25.35 billion, a PE ratio of 16.25, a P/E/G ratio of 1.75 and a beta of 0.26.

Dollar General (NYSE:DG) last released its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, topping the consensus estimate 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 quarter in the prior year, the firm posted $1.78 EPS. The business’s quarterly revenue 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. 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 announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid 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 2.1%. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Key Dollar General News

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

• Positive Sentiment: Multiple analysts raised longer-term earnings estimates for Dollar General, signaling improved profit expectations and supporting the stock’s outlook.
• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $165 price target, reflecting a constructive view on the shares.
• Positive Sentiment: Coverage emphasized Dollar General’s appeal as a defensive retailer as consumers trade down amid inflation and economic uncertainty. Article Title
• Neutral Sentiment: Technical commentary says the stock is trying to stage a short-term turnaround after finding support near the $100 level, but the broader technical picture is still weak. Article Title
• Neutral Sentiment: Dollar General announced officer appointments and a charitable donation to the American Red Cross, which are positive corporate updates but likely limited near-term stock impact. Article Title

Dollar General 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.