Employees Retirement System of Texas Purchases 9,314 Shares of Dollar General Corporation $DG

Employees Retirement System of Texas grew its position in shares of Dollar General Corporation (NYSE:DG) by 453.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,370 shares of the company’s stock after purchasing an additional 9,314 shares during the period. Employees Retirement System of Texas’ holdings in Dollar General were worth $1,510,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Calamos Advisors LLC lifted its stake in Dollar General by 32.9% during the fourth 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 during the last quarter. Bryn Mawr Trust Advisors LLC bought a new stake in Dollar General during the third quarter worth about $8,803,000. Park Capital Management LLC WI bought a new stake in Dollar General during the fourth quarter worth about $1,245,000. Arista Wealth Management LLC bought a new stake in Dollar General during the third quarter worth about $351,000. Finally, Allianz Asset Management GmbH lifted its stake in Dollar General by 16.3% during the third 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 during the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Stock Up 0.9%

Shares of NYSE:DG opened at $104.52 on Thursday. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The company has a market cap of $23.02 billion, a PE ratio of 15.26, a P/E/G ratio of 1.68 and a beta of 0.28. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The stock’s 50-day moving average is $116.22 and its 200 day moving average is $128.53.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The company had revenue of $10.91 billion for the quarter, compared to the consensus estimate of $10.78 billion. During the same quarter in the previous year, the business earned $0.87 EPS. Dollar General’s revenue was up 5.9% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. Sell-side analysts anticipate that Dollar General Corporation will post 7.27 EPS for the current year.

Dollar General Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were issued a dividend of $0.59 per share. The ex-dividend date was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.3%. Dollar General’s dividend payout ratio is 34.45%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on DG. Loop Capital lowered their target price on Dollar General from $145.00 to $110.00 and set a “hold” rating for the company in a research note on Friday, May 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. BMO Capital Markets boosted their target price on Dollar General from $130.00 to $145.00 and gave the company a “market perform” rating in a research note on Friday, February 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, May 18th. Finally, Gordon Haskett lowered Dollar General from a “buy” rating to a “hold” rating and lowered their target price for the company from $140.00 to $110.00 in a research note on Friday, May 22nd. Twelve research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Dollar General presently has a consensus rating of “Hold” and a consensus target price of $139.96.

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.