Robeco Institutional Asset Management B.V. decreased its position in shares of Dollar General Corporation (NYSE:DG – Free Report) by 39.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 712,442 shares of the company’s stock after selling 470,661 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Dollar General were worth $82,583,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Arrowstreet Capital Limited Partnership increased its holdings in Dollar General by 6.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after buying an additional 167,546 shares during the period. Dimensional Fund Advisors LP lifted its holdings in shares of Dollar General by 2.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock worth $332,443,000 after acquiring an additional 75,323 shares during the period. Royal Bank of Canada lifted its holdings in shares of Dollar General by 0.8% during the 1st quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock worth $323,362,000 after acquiring an additional 20,366 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of Dollar General during the 2nd quarter worth approximately $162,412,000. Finally, Renaissance Technologies LLC boosted its position in shares of Dollar General by 121.3% during the 1st quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock worth $83,610,000 after acquiring an additional 386,000 shares in the last quarter. 91.77% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the stock. Weiss Ratings raised shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, September 10th. Wall Street Zen upgraded Dollar General from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. HSBC upgraded Dollar General from a “hold” rating to a “buy” rating and upped their target price for the stock from $125.00 to $160.00 in a research note on Thursday, September 24th. BNP Paribas Exane raised their target price on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Finally, Telsey Advisory Group lifted their price target on Dollar General from $125.00 to $140.00 and gave the company a “market perform” rating in a research note on Friday, August 28th. Twelve research analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $137.96.
Read Our Latest Research Report on DG
Dollar General Stock Performance
NYSE:DG opened at $132.20 on Thursday. The stock’s 50-day moving average is $125.30 and its 200-day moving average is $119.50. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49. The stock has a market cap of $29.17 billion, a P/E ratio of 17.19, a price-to-earnings-growth ratio of 1.83 and a beta of 0.23.
Dollar General (NYSE:DG – Get Free Report) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion during the quarter, compared to analyst estimates of $11.20 billion. During the same quarter last year, the business earned $1.86 EPS. The firm’s quarterly revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Equities research analysts anticipate that Dollar General Corporation will post 7.69 earnings per share for the current year.
Dollar General Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 1.8%. The ex-dividend date was Tuesday, October 6th. Dollar General’s dividend payout ratio is 30.69%.
Dollar General Company Profile
Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.
The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.
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