Arrowstreet Capital Limited Partnership Raises Holdings in Dollar General Corporation $DG

Arrowstreet Capital Limited Partnership lifted its position in Dollar General Corporation (NYSE:DG) by 6.2% during the 1st quarter, HoldingsChannel reports. The firm owned 2,868,239 shares of the company’s stock after acquiring an additional 167,546 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Dollar General were worth $340,546,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Dollar General by 4.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after buying an additional 1,185 shares during the period. NewEdge Advisors LLC grew its stake in shares of Dollar General by 12.3% during the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock valued at $919,000 after buying an additional 1,148 shares during the last quarter. Woodline Partners LP raised its holdings in shares of Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after buying an additional 5,373 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Dollar General during the 2nd quarter worth approximately $211,000. Finally, Jump Financial LLC purchased a new position in Dollar General during the 2nd quarter valued at $209,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Performance

NYSE DG opened at $115.30 on Friday. The stock has a market cap of $25.43 billion, a PE ratio of 16.31, a P/E/G ratio of 1.83 and a beta of 0.25. 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 twelve month low of $95.11 and a twelve month high of $158.23. The stock has a fifty day simple moving average of $113.25 and a 200-day simple moving average of $127.13.

Dollar General (NYSE:DG) last released its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the previous year, the firm earned $1.78 EPS. The business’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. Equities analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is 33.38%.

Analyst Ratings Changes

DG has been the topic of a number of research reports. Raymond James Financial reaffirmed an “outperform” rating and set a $145.00 target price on shares of Dollar General in a research report on Wednesday, June 3rd. Oppenheimer reduced their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, May 29th. Piper Sandler dropped their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. UBS Group reaffirmed a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Finally, BNP Paribas Exane decreased their price objective on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Ten equities research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target 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.