Robeco Institutional Asset Management B.V. Has $33.35 Million Position in Dollar General Corporation $DG

Robeco Institutional Asset Management B.V. boosted its position in shares of Dollar General Corporation (NYSE:DG) by 2,231.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 322,645 shares of the company’s stock after acquiring an additional 308,804 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.15% of Dollar General worth $33,345,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Elevation Point Wealth Partners LLC acquired a new position in shares of Dollar General in the second quarter valued at $25,000. Caldwell Trust Co acquired a new position in shares of Dollar General in the 2nd quarter valued at $25,000. Atlantic Union Bankshares Corp bought a new position in shares of Dollar General during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. boosted its holdings in Dollar General by 46.8% during the second quarter. Hantz Financial Services Inc. now owns 439 shares of the company’s stock valued at $50,000 after purchasing an additional 140 shares in the last quarter. Finally, SJS Investment Consulting Inc. lifted its position in shares of Dollar General by 5,937.5% during the 3rd quarter. SJS Investment Consulting Inc. now owns 483 shares of the company’s stock worth $50,000 after buying an additional 475 shares during the period. Institutional investors own 91.77% of the company’s stock.

Analysts Set New Price Targets

Several research firms have issued reports on DG. Citigroup increased their price objective on Dollar General from $112.00 to $138.00 and gave the stock a “neutral” rating in a research note on Monday, December 8th. Gordon Haskett lifted their price target on shares of Dollar General from $140.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, December 16th. BMO Capital Markets upped their price objective on shares of Dollar General from $115.00 to $130.00 and gave the stock a “market perform” rating in a research note on Friday, December 5th. Guggenheim raised their price objective on shares of Dollar General from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Finally, Raymond James Financial reissued an “outperform” rating and issued a $135.00 target price on shares of Dollar General in a report on Friday, December 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Dollar General currently has an average rating of “Moderate Buy” and an average target price of $133.23.

Dollar General Stock Down 0.9%

NYSE DG opened at $143.42 on Thursday. The stock has a market capitalization of $31.57 billion, a P/E ratio of 24.77, a price-to-earnings-growth ratio of 2.63 and a beta of 0.26. Dollar General Corporation has a 52 week low of $66.43 and a 52 week high of $146.19. The company has a debt-to-equity ratio of 0.63, a quick ratio of 0.24 and a current ratio of 1.17. The stock has a fifty day moving average of $118.82 and a 200-day moving average of $111.90.

Dollar General (NYSE:DG) last announced its quarterly earnings data on Thursday, December 4th. The company reported $1.28 earnings per share for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The firm had revenue of $10.65 billion during the quarter, compared to analysts’ expectations of $10.60 billion. During the same period in the previous year, the business posted $0.89 EPS. The company’s quarterly revenue was up 4.6% compared to the same quarter last year. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. On average, equities research analysts forecast that Dollar General Corporation will post 5.75 EPS for the current year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 20th. Shareholders of record on Tuesday, January 6th will be issued a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, January 6th. Dollar General’s payout ratio is currently 40.76%.

Insider Activity at Dollar General

In other news, EVP Carman R. Wenkoff sold 19,166 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $132.01, for a total value of $2,530,103.66. Following the transaction, the executive vice president owned 43,179 shares of the company’s stock, valued at $5,700,059.79. This represents a 30.74% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Roderick J. West sold 2,282 shares of Dollar General stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $133.35, for a total value of $304,304.70. Following the sale, the executive vice president directly owned 36,108 shares of the company’s stock, valued at approximately $4,815,001.80. This trade represents a 5.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 58,673 shares of company stock worth $7,713,389. 0.56% of the stock is owned by company insiders.

About Dollar General

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.