Dollar General Corporation $DG Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC cut its position in Dollar General Corporation (NYSE:DG) by 8.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 10,676,823 shares of the company’s stock after selling 1,000,846 shares during the period. Dollar General makes up 4.3% of Pzena Investment Management LLC’s portfolio, making the stock its 3rd biggest holding. Pzena Investment Management LLC’s holdings in Dollar General were worth $1,417,562,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Calamos Advisors LLC grew its stake in Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Bryn Mawr Trust Advisors LLC acquired a new position in Dollar General during the 3rd quarter worth $8,803,000. Arista Wealth Management LLC acquired a new position in Dollar General during the 3rd quarter worth $351,000. Park Capital Management LLC WI acquired a new position in Dollar General during the 4th quarter worth $1,245,000. Finally, Allianz Asset Management GmbH grew its stake in Dollar General by 16.3% during the 3rd quarter. Allianz Asset Management GmbH now owns 805,645 shares of the company’s stock worth $83,263,000 after purchasing an additional 112,862 shares in the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

DG has been the subject of several analyst reports. BMO Capital Markets boosted their target price on Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research note on Friday, February 13th. Wolfe Research reissued an “outperform” rating and set a $165.00 target price on shares of Dollar General in a research note on Thursday, March 12th. KeyCorp reissued a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Jefferies Financial Group lowered their target price on Dollar General from $170.00 to $155.00 and set a “buy” rating for the company in a research note on Monday. Finally, Truist Financial set a $139.00 target price on Dollar General in a research note on Thursday, March 12th. Thirteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $143.62.

Dollar General Trading Up 0.5%

NYSE:DG opened at $105.13 on Friday. The stock has a 50-day simple moving average of $118.76 and a 200-day simple moving average of $128.36. The stock has a market cap of $23.15 billion, a P/E ratio of 15.35, a P/E/G ratio of 1.70 and a beta of 0.28. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a debt-to-equity ratio of 0.54, a quick ratio of 0.22 and a current ratio of 1.13.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.36. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts anticipate that Dollar General Corporation will post 7.26 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is currently 34.45%.

Key Stories Impacting Dollar General

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

• Positive Sentiment: HSBC lifted its FY2027 EPS estimate for Dollar General to $7.32 from $7.29, and the company’s recent earnings surprise history has kept some investors focused on the possibility of another beat. Article: Will Dollar General (DG) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Some coverage still frames Dollar General as a long-term value idea, which may support investor sentiment despite recent weakness. Article: Why Dollar General (DG) is a Top Value Stock for the Long-Term
• Neutral Sentiment: An article on retail-wholesale stocks highlighted Dollar General as a name to watch for potential earnings strength, but the piece was more educational than company-specific. Article: These 2 Retail and Wholesale Stocks Could Beat Earnings
• Neutral Sentiment: A broader market piece mentioned Dollar General among Wall Street favorites, but the article mainly warned investors that analyst price targets can be overly optimistic. Article: 1 of Wall Street’s Favorite Stock on Our Buy List and 2 Facing Headwinds
• Negative Sentiment: HSBC and KeyCorp cut multiple forward earnings estimates for Dollar General, including FY2028, FY2029, FY2030 and FY2031, signaling slower long-term profit growth expectations. Article: Assessing Dollar General (DG) Valuation After Recent Share Price Weakness
• Negative Sentiment: HSBC also lowered near-term quarterly estimates and KeyCorp trimmed FY2027 and FY2028 EPS forecasts, reinforcing concerns that earnings momentum may be cooling. Article: How to Boost Your Portfolio with Top Retail-Wholesale Stocks Set to Beat Earnings

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.