Dollar General Corporation $DG Shares Bought by Meeder Asset Management Inc.

Meeder Asset Management Inc. grew its position in Dollar General Corporation (NYSE:DG) by 71,500.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 23,628 shares of the company’s stock after purchasing an additional 23,595 shares during the quarter. Meeder Asset Management Inc.’s holdings in Dollar General were worth $2,805,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in DG. Vanguard Group Inc. boosted its position in shares of Dollar General by 1.5% in the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after purchasing an additional 412,542 shares in the last quarter. State Street Corp increased its position in Dollar General by 0.5% during the 4th quarter. State Street Corp now owns 11,017,002 shares of the company’s stock valued at $1,462,727,000 after buying an additional 53,624 shares in the last quarter. Morgan Stanley increased its position in Dollar General by 35.0% during the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock valued at $832,513,000 after buying an additional 1,624,748 shares in the last quarter. Geode Capital Management LLC raised its stake in Dollar General by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the last quarter. Finally, AQR Capital Management LLC raised its stake in Dollar General by 47.9% in the fourth quarter. AQR Capital Management LLC now owns 3,734,500 shares of the company’s stock valued at $495,830,000 after buying an additional 1,208,892 shares during the last quarter. 91.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the company. BMO Capital Markets dropped their price target on 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. Rothschild & Co Redburn lowered their target price on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a research note on Monday, May 18th. Oppenheimer dropped their target price on shares of Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a research report on Friday, May 29th. UBS Group reaffirmed a “buy” rating on shares of Dollar General in a report on Wednesday, May 27th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $145.00 price objective on shares of Dollar General in a research note 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 assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $131.27.

Dollar General Price Performance

Shares of NYSE DG opened at $125.92 on Monday. The business’s 50 day moving average price is $111.86 and its 200 day moving average price is $127.51. The firm has a market cap of $27.78 billion, a P/E ratio of 17.81, a P/E/G ratio of 1.91 and a beta of 0.25. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate of $1.89 by $0.11. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the prior year, the company earned $1.78 EPS. Dollar General’s quarterly 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. On average, sell-side analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s dividend payout ratio is presently 33.38%.

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.