Jupiter Asset Management Ltd. Buys New Stake in Dollar General Corporation $DG

Jupiter Asset Management Ltd. bought a new stake in Dollar General Corporation (NYSE:DG) in the 4th quarter, according to its most recent filing with the SEC. The fund bought 382,636 shares of the company’s stock, valued at approximately $50,803,000.

Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. raised its position in Dollar General by 1.5% during the fourth quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after acquiring an additional 412,542 shares during the period. State Street Corp raised its position in Dollar General by 9.1% during the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock worth $1,133,065,000 after acquiring an additional 913,373 shares during the period. Geode Capital Management LLC raised its position 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 worth $754,857,000 after acquiring an additional 42,936 shares during the period. Baillie Gifford & Co. raised its position in Dollar General by 2.1% during the fourth quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock worth $440,286,000 after acquiring an additional 68,723 shares during the period. Finally, Arrowstreet Capital Limited Partnership raised its position in Dollar General by 3.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock worth $290,599,000 after acquiring an additional 96,825 shares during the period. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Dollar General Price Performance

Shares of NYSE DG opened at $109.73 on Friday. The firm has a 50-day simple moving average of $115.80 and a 200-day simple moving average of $128.60. The stock has a market capitalization of $24.17 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.69 and a beta of 0.28. The company has a quick ratio of 0.22, a current ratio of 1.13 and a debt-to-equity ratio of 0.54. 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, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion during the quarter, compared to analysts’ expectations of $10.78 billion. Dollar General had a net margin of 3.54% and a return on equity of 18.66%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. On average, equities analysts predict that Dollar General Corporation will post 7.26 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Investors of record on Tuesday, April 7th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.2%. Dollar General’s dividend payout ratio is currently 34.45%.

Key Dollar General News

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

• Positive Sentiment: Discount-store stocks are seeing renewed buying interest after Dollar Tree’s strong Q1 beat and raised outlook, which lifted sentiment across the low-price retail group and helped support DG. Dollar Tree Soars 17%, Dollar General Jumps 5%: Here’s Why Discount Store Stocks Are Catching a Bid
• Positive Sentiment: UBS said Dollar General is expected to meet the market’s bar for about 2% comparable sales growth in Q1, reinforcing expectations that the company is on track heading into earnings. Dollar General Poised to Meet Market’s Bar for Comparable Sales Growth in Q1, UBS Says
• Neutral Sentiment: Rothschild & Co Redburn raised some longer-term EPS estimates for DG, but kept a Sell rating and $90 price target, which offsets the positive earnings revisions.
• Neutral Sentiment: Truist cut its price target on DG to $109 from $139 and maintained a Hold rating, signaling more cautious valuation views from analysts.
• Negative Sentiment: Dollar General’s shareholder vote on a human rights proposal highlights ongoing concerns around labor practices and workplace safety, while the CEO transition adds an extra layer of execution risk. Dollar General Faces Human Rights Vote As Leadership Transition Shapes Valuation

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. BNP Paribas Exane restated a “neutral” rating and set a $127.00 price objective on shares of Dollar General in a research report on Thursday, March 12th. Sanford C. Bernstein lowered their price target on Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 25th. Morgan Stanley lowered their price target on Dollar General from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research note on Friday, March 13th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $140.00 price target on shares of Dollar General in a research note on Tuesday, March 24th. Finally, Oppenheimer lifted their price target on Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 24th. Twelve analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target 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.