Gateway Investment Advisers LLC Buys 9,887 Shares of Dollar General Corporation $DG

Gateway Investment Advisers LLC increased its stake in Dollar General Corporation (NYSE:DG) by 180.5% during the 4th quarter, Holdings Channel reports. The firm owned 15,365 shares of the company’s stock after purchasing an additional 9,887 shares during the quarter. Gateway Investment Advisers LLC’s holdings in Dollar General were worth $2,040,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DG. AQR Capital Management LLC increased its position in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after purchasing an additional 2,036,573 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Dollar General by 426.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,699,871 shares of the company’s stock worth $225,692,000 after purchasing an additional 1,377,226 shares during the last quarter. Schroder Investment Management Group increased its position in shares of Dollar General by 6,414.7% in the third quarter. Schroder Investment Management Group now owns 960,785 shares of the company’s stock worth $99,297,000 after purchasing an additional 946,037 shares during the last quarter. State Street Corp increased its position in shares of Dollar General by 9.1% in 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. Finally, Caisse de depot et placement du Quebec increased its position in shares of Dollar General by 1,615.1% in the third quarter. Caisse de depot et placement du Quebec now owns 908,110 shares of the company’s stock worth $93,853,000 after purchasing an additional 855,162 shares during the last quarter. 91.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

DG has been the topic of several research analyst reports. BMO Capital Markets upped their price objective on shares of Dollar General from $130.00 to $145.00 and gave the stock a “market perform” rating in a research report on Friday, February 13th. Sanford C. Bernstein decreased their price objective on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 25th. Telsey Advisory Group reiterated a “market perform” rating and set a $140.00 price target on shares of Dollar General in a research report on Tuesday, March 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research report on Friday, April 10th. Finally, Jefferies Financial Group reiterated a “buy” rating and set a $170.00 price target on shares of Dollar General in a research report on Thursday, March 12th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $145.00.

Dollar General Stock Down 2.8%

Shares of NYSE DG opened at $113.23 on Friday. Dollar General Corporation has a one year low of $86.25 and a one year high of $158.23. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22. The firm’s 50 day simple moving average is $127.90 and its two-hundred day simple moving average is $128.18. The stock has a market capitalization of $24.94 billion, a P/E ratio of 16.53, a PEG ratio of 1.88 and a beta of 0.28.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, March 12th. The company reported $1.93 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. The firm had revenue of $10.91 billion during the quarter, compared to analyst estimates of $10.78 billion. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.87 earnings per share. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, analysts expect that Dollar General Corporation will post 7.29 EPS for the current fiscal year.

Dollar General Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Stockholders of record on Tuesday, April 7th were paid a dividend of $0.59 per share. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s dividend payout ratio is 34.45%.

Dollar General Company 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.