Mediolanum International Funds Ltd Trims Stock Position in Dollar General Corporation $DG

Mediolanum International Funds Ltd lowered its position in shares of Dollar General Corporation (NYSE:DG) by 56.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 143,015 shares of the company’s stock after selling 182,499 shares during the period. Mediolanum International Funds Ltd’s holdings in Dollar General were worth $16,853,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of DG. Calamos Advisors LLC grew its position 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 valued at $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Park Capital Management LLC WI purchased a new stake in shares of Dollar General in the fourth quarter worth $1,245,000. Geode Capital Management LLC boosted its stake in Dollar General by 0.8% during the fourth quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock valued at $754,857,000 after buying an additional 42,936 shares during the period. Norges Bank bought a new stake in Dollar General during the fourth quarter valued at $133,431,000. Finally, Dana Investment Advisors Inc. grew its position in Dollar General by 36.0% during the fourth quarter. Dana Investment Advisors Inc. now owns 39,170 shares of the company’s stock worth $5,201,000 after buying an additional 10,370 shares in the last quarter. Institutional investors own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have weighed in on DG. The Goldman Sachs Group decreased their target price on Dollar General from $130.00 to $128.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Citigroup cut their price objective on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft upped their price objective 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. Piper Sandler lowered their target price on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Dollar General currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Price Performance

DG opened at $125.92 on Monday. The stock has a 50-day moving average price of $111.86 and a 200-day moving average price of $127.51. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The stock has a market capitalization of $27.78 billion, a P/E ratio of 17.81, a PEG ratio of 1.91 and a beta of 0.25.

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

Dollar General Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date is Tuesday, July 7th. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

Dollar General Company 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.