Dollar General Corporation $DG Shares Bought by Cibc World Market Inc.

Cibc World Market Inc. grew its holdings in shares of Dollar General Corporation (NYSE:DG) by 25.7% in the 4th quarter, Holdings Channel reports. The fund owned 26,081 shares of the company’s stock after acquiring an additional 5,331 shares during the period. Cibc World Market Inc.’s holdings in Dollar General were worth $3,463,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of 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 purchasing an additional 412,542 shares during the last quarter. State Street Corp lifted its position in shares of 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 purchasing an additional 913,373 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of 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 purchasing an additional 42,936 shares during the last quarter. Baillie Gifford & Co. lifted its position in shares of 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 purchasing an additional 68,723 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in shares of 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 purchasing an additional 96,825 shares during the last quarter. Institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

Shares of NYSE:DG opened at $106.80 on Tuesday. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The stock has a market cap of $23.56 billion, a price-to-earnings ratio of 15.11, a PEG ratio of 1.59 and a beta of 0.26. The stock’s 50 day moving average price is $113.61 and its 200 day moving average price is $128.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping 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 net margin of 3.63% and a return on equity of 18.65%. The firm’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Equities research analysts anticipate that Dollar General Corporation will post 7.33 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently disclosed 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 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, July 7th. Dollar General’s payout ratio is presently 33.38%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on DG shares. Barclays cut their target price on shares of Dollar General from $151.00 to $148.00 and set an “overweight” rating on the stock in a report on Wednesday, June 3rd. Citigroup cut their target price on shares of Dollar General from $138.00 to $116.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. BNP Paribas Exane cut their target price on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. BMO Capital Markets cut their target price on shares of Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a report on Wednesday, June 3rd. Finally, Wall Street Zen cut Dollar General from a “buy” rating to a “hold” rating in a report on Saturday, April 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and an average target price of $131.27.

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.