Dollar General Corporation $DG Stock: Provident Investment Management Inc. Cuts Stake

Provident Investment Management Inc. decreased its position in shares of Dollar General Corporation (NYSE:DG) by 77.4% in the 3rd quarter, Holdings Channel reports. The fund owned 2,500 shares of the company’s stock after selling 8,550 shares during the quarter. Provident Investment Management Inc.’s holdings in Dollar General were worth $299,000 as of its most recent filing with the SEC.

Several other large investors also recently added to or reduced their stakes in DG. Caitong International Asset Management Co. Ltd raised its stake in Dollar General by 4,550.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after acquiring an additional 182 shares during the period. Evergreen Advisors LLC bought a new position in Dollar General during the first quarter worth about $25,000. Reyes Financial Architecture Inc. bought a new position in Dollar General during the third quarter worth about $30,000. Pension & Wealth Management Advisors Inc. bought a new position in Dollar General during the third quarter worth about $32,000. Finally, Nvwm LLC boosted its position in Dollar General by 2,780.0% during the third quarter. Nvwm LLC now owns 288 shares of the company’s stock worth $34,000 after purchasing an additional 278 shares during the period. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Key Dollar General News

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

• Positive Sentiment: Dollar General’s latest quarterly results remain supportive: net sales rose 5.2%, same-store sales increased 3.5%, and operating profit climbed 29.2%. Management also raised its fiscal 2026 outlook, while the company has indicated that share repurchases could resume in the second half of the fiscal year. Dollar General second-quarter results
• Positive Sentiment: Some analysts maintain a bullish view that Dollar General can gain market share when households become more budget-conscious, potentially supporting traffic and sales over time. Bull of the Day: Dollar General
• Neutral Sentiment: Recent institutional positioning was mixed, with major investors both adding and reducing DG holdings. Analyst price targets have also varied widely, with a reported six-month median target of $125, indicating limited consensus on the stock’s near-term valuation.
• Neutral Sentiment: One recent insider sale involved Executive Vice President Kathleen Reardon selling 5,578 shares. The transaction is a modest data point and does not by itself indicate a change in the company’s operating outlook.
• Negative Sentiment: Dollar General fell alongside Dollar Tree in a broader discount-retail selloff, suggesting investors were reducing exposure to the group rather than responding to a fresh DG filing or earnings warning. Dollar General falls as discount retail sells off
• Negative Sentiment: Higher food, housing, and other living costs could leave Dollar General’s core customers with less money for discretionary purchases, raising concerns about transaction sizes, product mix, and future sales growth. Dollar Tree and Dollar General stocks slide
• Negative Sentiment: Broader market pressure, including elevated Treasury yields and rising oil prices, likely added to the selling pressure and reduced investors’ appetite for retail stocks.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. BNP Paribas Exane lifted their target price on shares of Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a research note on Friday, August 28th. The Goldman Sachs Group upped their price target 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. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $160.00 price objective on shares of Dollar General in a report on Friday, August 28th. HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and raised their price objective for the stock from $125.00 to $160.00 in a report on Thursday, September 24th. Finally, Morgan Stanley lifted their price objective on shares of Dollar General from $132.00 to $145.00 and gave the company an “equal weight” rating in a research note on Friday, August 28th. Twelve investment analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Stock Performance

Shares of DG opened at $132.65 on Monday. The stock’s 50-day simple moving average is $125.82 and its 200 day simple moving average is $119.69. The stock has a market capitalization of $29.27 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 1.81 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.31 and a current ratio of 1.21. Dollar General Corporation has a 52-week low of $95.11 and a 52-week high of $158.23.

Dollar General (NYSE:DG) last issued its earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping the consensus estimate of $2.01 by $0.47. The business had revenue of $11.29 billion during 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 firm’s revenue was up 5.2% compared to the same quarter last year. During the same quarter last year, the company earned $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Research analysts forecast that Dollar General Corporation will post 7.69 EPS for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were issued a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Tuesday, October 6th. Dollar General’s dividend payout ratio is presently 30.69%.

About Dollar General

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.