Dollar General Corporation $DG Shares Sold by South Dakota Investment Council

South Dakota Investment Council trimmed its position in shares of Dollar General Corporation (NYSE:DG) by 55.9% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 59,855 shares of the company’s stock after selling 75,771 shares during the quarter. South Dakota Investment Council’s holdings in Dollar General were worth $7,107,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Calamos Advisors LLC lifted its stake in shares of 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 buying an additional 60,746 shares during the last quarter. Park Capital Management LLC WI acquired a new position in Dollar General in the 4th quarter valued at about $1,245,000. Geode Capital Management LLC raised its holdings in Dollar General by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after acquiring an additional 42,936 shares during the period. Norges Bank bought a new position in Dollar General in the 4th quarter valued at about $133,431,000. Finally, Pinebridge Investments LLC acquired a new stake in Dollar General during the fourth quarter worth approximately $11,864,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on DG shares. Raymond James Financial restated an “outperform” rating and issued a $145.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a report on Wednesday, July 8th. Wall Street Zen cut shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, April 4th. Jefferies Financial Group decreased their price target on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Finally, Deutsche Bank Aktiengesellschaft raised their price target on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research report on Thursday, June 4th. Ten equities 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. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $131.27.

Dollar General Stock Down 0.7%

NYSE DG opened at $127.72 on Friday. The business has a fifty day moving average price of $115.27 and a two-hundred day moving average price of $126.48. The stock has a market capitalization of $28.17 billion, a PE ratio of 18.06, a PEG ratio of 1.96 and a beta of 0.25. 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.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates of $1.89 by $0.11. The company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period last year, the company posted $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) 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.