Raiffeisen Bank International AG trimmed its holdings in Dollar General Corporation (NYSE:DG – Free Report) by 98.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 226 shares of the company’s stock after selling 16,815 shares during the quarter. Raiffeisen Bank International AG’s holdings in Dollar General were worth $27,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new position in Dollar General in the 4th quarter valued at $25,000. Caitong International Asset Management Co. Ltd grew its holdings in shares of Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares during the last quarter. Evergreen Advisors LLC purchased a new position in Dollar General in the 1st quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after buying an additional 79 shares during the period. Finally, Reflection Asset Management bought a new stake in Dollar General during the 4th quarter valued at about $28,000. 91.77% of the stock is owned by institutional investors.
Key Stories Impacting Dollar General
Here are the key news stories impacting Dollar General this week:
- Positive Sentiment: Dollar General reported second-quarter sales of approximately $11.29 billion and net income of $550.3 million. Earnings per share of $2.48 exceeded the $2.01 consensus estimate, while revenue increased 5.2% year over year. Will Dollar General’s Raised Guidance and AI Bet Reshape Its Margin and Expansion Narrative?
- Positive Sentiment: The company raised its full-year 2026 earnings outlook to $7.80-$8.00 per share, above the roughly $7.68 consensus cited in the coverage. It also reaffirmed its $0.59 quarterly dividend, supporting the income-investment case. Raised Guidance and AI Bet
- Positive Sentiment: Dollar General reiterated plans for approximately 4,730 real-estate projects and announced an artificial-intelligence partnership with RELEX Solutions to improve forecasting and replenishment. Better inventory management could support sales, reduce out-of-stocks and improve margins over time. AI and Expansion Plans
- Positive Sentiment: Argus raised its price target from $165 to $170 and initiated or reiterated a Buy rating, implying substantial upside from the referenced trading level. J.P. Morgan also maintained its Buy rating. J.P. Morgan Buy Rating
- Neutral Sentiment: Recent Zacks and other analysis describes DG as a potentially attractive long-term value or countercyclical stock, but these articles are valuation commentary rather than new fundamental catalysts. Dollar General Long-Term Value Analysis
- Negative Sentiment: Chief Executive Todd Vasos warned that Dollar General’s core customers remain under financial pressure and are changing their shopping behavior. Persistent consumer distress could weigh on discretionary purchases, product mix and margins despite the stronger quarter. Dollar General CEO Customer Warning
Dollar General Stock Up 0.0%
Dollar General (NYSE:DG – Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%.The business’s revenue was up 5.2% compared to the same quarter last year. During the same period last year, the business posted $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, analysts forecast that Dollar General Corporation will post 7.68 earnings per share for the current fiscal year.
Dollar General Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th will be given a dividend of $0.59 per share. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend is Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.
Analysts Set New Price Targets
Several equities research analysts have issued reports on the stock. Sanford C. Bernstein reissued an “outperform” rating and issued a $160.00 price objective on shares of Dollar General in a research report on Friday, August 28th. Jefferies Financial Group dropped their price objective on Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research note on Wednesday, June 3rd. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $140.00 to $110.00 in a report on Friday, May 22nd. Raymond James Financial reaffirmed an “outperform” rating and set a $150.00 target price on shares of Dollar General in a research report on Friday, August 28th. Finally, Wolfe Research reiterated an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a report on Thursday, August 13th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $135.35.
Read Our Latest Stock Analysis on Dollar General
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.
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