Dollar General Corporation $DG Stock Sold by North Dakota State Investment Board

North Dakota State Investment Board decreased its position in shares of Dollar General Corporation (NYSE:DG) by 62.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,738 shares of the company’s stock after selling 11,209 shares during the quarter. North Dakota State Investment Board’s holdings in Dollar General were worth $806,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp acquired a new stake in Dollar General in the 2nd quarter valued at $162,412,000. Flossbach Von Storch SE bought a new position in shares of Dollar General in the second quarter valued at $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Dollar General during the second quarter valued at about $50,887,000. Renaissance Technologies LLC grew its holdings in shares of Dollar General by 121.3% during the first quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock valued at $83,610,000 after buying an additional 386,000 shares during the last quarter. Finally, Oppenheimer Asset Management Inc. bought a new stake in shares of Dollar General during the second quarter worth about $33,649,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Citigroup upped their target price on shares of Dollar General from $116.00 to $133.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. BMO Capital Markets lifted their price target on Dollar General from $120.00 to $135.00 and gave the company a “market perform” rating in a research note on Friday, August 28th. Argus lifted their price target on Dollar General from $165.00 to $170.00 and gave the company a “buy” rating in a research note on Friday, September 4th. The Goldman Sachs Group boosted their price objective on Dollar General from $128.00 to $141.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Finally, Morgan Stanley increased their price objective on Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research note on Friday, August 28th. 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 data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $137.96.

Dollar General Stock Up 1.5%

Dollar General stock opened at $132.02 on Friday. The firm has a 50 day moving average price of $126.34 and a 200-day moving average price of $126.12. The company has a quick ratio of 0.31, a current ratio of 1.21 and a debt-to-equity ratio of 0.49. Dollar General Corporation has a twelve month low of $95.11 and a twelve month high of $158.23. The company has a market capitalization of $29.13 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.76 and a beta of 0.23.

Dollar General (NYSE:DG) last posted its quarterly earnings results on Thursday, August 27th. The company reported $2.48 EPS for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The company had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same quarter in the previous year, the firm posted $1.86 EPS. Dollar General’s revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Dividend Announcement

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

Dollar General Profile

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.