Dollar General Corporation $DG Shares Purchased by Border to Coast Pensions Partnership Ltd

Border to Coast Pensions Partnership Ltd raised its stake in Dollar General Corporation (NYSE:DG) by 14.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 387,729 shares of the company’s stock after purchasing an additional 48,563 shares during the period. Border to Coast Pensions Partnership Ltd owned 0.18% of Dollar General worth $46,176,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd boosted its stake in Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after purchasing an additional 182 shares during the period. Fideuram Asset Management Ireland dac acquired a new position in shares of Dollar General during the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Dollar General by 69.3% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares during the period. Reflection Asset Management acquired a new position in shares of Dollar General in the 4th quarter worth approximately $28,000. Finally, Kemnay Advisory Services Inc. acquired a new position in Dollar General in the fourth quarter worth approximately $31,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Trading Up 1.6%

NYSE:DG opened at $119.45 on Friday. The stock has a market cap of $26.35 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.82 and a beta of 0.26. Dollar General Corporation has a fifty-two week low of $95.11 and a fifty-two week high of $158.23. 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 stock’s 50-day moving average is $112.07 and its two-hundred day moving average is $129.09.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (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 business had revenue of $10.79 billion during 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 firm’s 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. As a group, equities research analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

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 given a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. Dollar General’s dividend payout ratio is presently 33.38%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DG. Wolfe Research reissued an “outperform” rating and issued a $165.00 price target on shares of Dollar General in a research note on Thursday, March 12th. Evercore dropped their target price on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Loop Capital lifted their target price on shares of Dollar General from $110.00 to $115.00 and gave the stock a “hold” rating in a research report on Wednesday, June 3rd. Raymond James Financial restated an “outperform” rating and set a $145.00 price target on shares of Dollar General in a report on Wednesday, June 3rd. Finally, KeyCorp restated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Ten 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, the company presently has a consensus rating of “Hold” and a consensus target price of $131.27.

About Dollar General

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.