Havemeyer Place LP acquired a new position in shares of Dollar General Corporation (NYSE:DG – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,179 shares of the company’s stock, valued at approximately $1,219,000.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Dollar General in the 4th quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC grew its position in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after buying an additional 79 shares during the last quarter. Eastern Bank bought a new stake in shares of Dollar General in the 4th quarter valued at about $35,000. Flagship Harbor Advisors LLC bought a new stake in shares of Dollar General in the 4th quarter valued at about $36,000. Finally, Basepoint Wealth LLC bought a new stake in shares of Dollar General in the 4th quarter valued at about $39,000. Institutional investors own 91.77% of the company’s stock.
Key Headlines Impacting Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: KeyCorp raised its earnings estimates for Dollar General, nudging expected profitability higher across upcoming quarters and signaling confidence in the company’s longer-term earnings power. Dollar General analyst estimate updates
- Positive Sentiment: Several analyst roundups highlighted Dollar General as a stock that analysts remain bullish on within consumer goods, suggesting some support from Wall Street despite recent volatility. Analysts Are Bullish on These Consumer Goods Stocks: Dollar General (DG), Philip Morris (PM)
- Positive Sentiment: Another analyst roundup again included Dollar General among consumer staples names receiving favorable views, reinforcing that some investors still see value in the shares. Analysts Are Bullish on These Consumer Goods Stocks: McCormick & Company (MKC), Dollar General (DG)
- Neutral Sentiment: MarketWatch said Dollar General underperformed its peers, indicating the stock is lagging competitor performance even if there is no new company-specific shock. Dollar General stock underperforms Thursday when compared to competitors
- Neutral Sentiment: Commentary around recent retail earnings suggests DG may be benefiting from value-conscious shoppers, but investors are still weighing that against cautious guidance and a weak broader retail sentiment. Why Walmart and Other Consumer Stocks Aren’t Getting the Gains They Deserve
- Negative Sentiment: Recent coverage noted that Dollar General’s stock has been weaker since its latest earnings report and that its cautious outlook is still weighing on sentiment. Dollar General’s Q1 Beat Driven By Cost Control As CEO Exit Looms
- Negative Sentiment: Dollar General also faced a cut in price target from Daiwa and a downgrade from Freedom Capital, which adds to pressure on the stock and suggests some analysts see limited near-term upside. Daiwa Securities price target adjustment on Dollar General
Dollar General Stock Down 0.1%
Dollar General (NYSE:DG – Get Free Report) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $0.11. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the prior year, the business earned $1.78 EPS. The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities research analysts predict that Dollar General Corporation will post 7.33 earnings per share for the current year.
Dollar General Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th will be paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, July 7th. Dollar General’s dividend payout ratio is 33.38%.
Analyst Upgrades and Downgrades
DG has been the topic of a number of recent analyst reports. Freedom Capital downgraded Dollar General from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 2nd. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and dropped their price objective for the company from $140.00 to $110.00 in a research note on Friday, May 22nd. BNP Paribas Exane dropped their price objective on Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Finally, Piper Sandler dropped their price objective on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $131.27.
Get Our Latest Research Report on DG
About Dollar General
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.
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