Dollar General Corporation $DG Stock: Ethic Inc. Boosts Stake

Ethic Inc. grew its stake in shares of Dollar General Corporation (NYSE:DG) by 17.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,811 shares of the company’s stock after acquiring an additional 4,222 shares during the period. Ethic Inc.’s holdings in Dollar General were worth $3,445,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its stake in Dollar General by 6.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock worth $340,546,000 after purchasing an additional 167,546 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after buying an additional 75,323 shares in the last quarter. Royal Bank of Canada lifted its holdings in 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 buying an additional 20,366 shares during the last quarter. ACR Alpine Capital Research LLC lifted its holdings in Dollar General by 0.6% during the 3rd quarter. ACR Alpine Capital Research LLC now owns 1,737,618 shares of the company’s stock worth $207,784,000 after buying an additional 10,319 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Dollar General during the 2nd quarter worth approximately $162,412,000. Institutional investors own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

DG has been the subject of several research reports. Argus lifted their target price on Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. HSBC raised Dollar General from a “hold” rating to a “buy” rating and upped their price target for the company from $125.00 to $160.00 in a research report on Thursday, September 24th. BMO Capital Markets raised their price objective on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research note on Friday, August 28th. Raymond James Financial reaffirmed an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a report on Friday, August 28th. Finally, The Goldman Sachs Group boosted their target price on shares of Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a research note on Friday, August 28th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $137.96.

Dollar General News Summary

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

• Positive Sentiment: Dollar General is accelerating remodels through Project Renovate and Project Elevate, which target comparable-sales lifts of 6% and 3%, respectively. If achieved, the initiatives could support future sales growth. How Much Growth Can Dollar General Unlock From Store Remodels?
• Neutral Sentiment: Director Timothy I. McGuire notified the company that he plans to resign from Dollar General’s board in December. The reports give no reason for his departure or indicate an impact on operations. Timothy McGuire to resign from Dollar General board in December
• Neutral Sentiment: Recent articles compare DG’s valuation with Ross Stores (ROST), but the provided coverage does not identify a new company-specific development or clear catalyst for DG shares. DG or ROST: Which Is the Better Value Stock Right Now?

Dollar General Stock Up 0.5%

NYSE:DG opened at $137.42 on Wednesday. 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 50 day moving average of $128.04 and a 200-day moving average of $125.69. The firm has a market capitalization of $30.32 billion, a PE ratio of 17.87, a price-to-earnings-growth ratio of 1.82 and a beta of 0.19. Dollar General Corporation has a 52 week low of $99.50 and a 52 week high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The firm had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the prior year, the business earned $1.86 EPS. The firm’s 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. Analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were given a dividend of $0.59 per share. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.7%. Dollar General’s dividend payout ratio is currently 30.69%.

Dollar General Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.