North Dakota State Investment Board Takes Position in Dollar General Corporation $DG

North Dakota State Investment Board acquired a new stake in Dollar General Corporation (NYSE:DG) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 19,451 shares of the company’s stock, valued at approximately $2,583,000.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC bought a new stake in shares of Dollar General in the 3rd quarter valued at approximately $26,000. Eastern Bank bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $35,000. Flagship Harbor Advisors LLC bought a new stake in shares of Dollar General in the 4th quarter valued at approximately $36,000. First Horizon Corp grew its stake in shares of Dollar General by 74.4% in the 4th quarter. First Horizon Corp now owns 340 shares of the company’s stock valued at $45,000 after purchasing an additional 145 shares during the period. Finally, Rialto Wealth Management LLC grew its stake in shares of Dollar General by 427.3% in the 4th quarter. Rialto Wealth Management LLC now owns 348 shares of the company’s stock valued at $46,000 after purchasing an additional 282 shares during the period. 91.77% of the stock is currently owned by institutional investors.

Dollar General Stock Up 3.6%

NYSE DG opened at $106.06 on Tuesday. The firm has a market cap of $23.36 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 1.65 and a beta of 0.28. Dollar General Corporation has a one year low of $93.56 and a one year high of $158.23. The stock’s 50 day simple moving average is $121.24 and its 200 day simple moving average is $128.25. The company has a debt-to-equity ratio of 0.54, a current ratio of 1.13 and a quick ratio of 0.22.

Dollar General (NYSE:DG) last released its quarterly earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, topping analysts’ consensus estimates of $1.57 by $0.36. The business had revenue of $10.91 billion for 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%.Dollar General’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.87 EPS. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, sell-side analysts forecast that Dollar General Corporation will post 7.29 earnings per share for the current fiscal year.

Dollar General Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. Morgan Stanley lowered their price objective 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. Sanford C. Bernstein lowered their price objective 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. Gordon Haskett lowered their price objective on Dollar General from $160.00 to $140.00 in a research note on Wednesday, May 6th. Guggenheim lowered their price objective on Dollar General from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Friday, March 13th. Finally, Jefferies Financial Group decreased their price target on Dollar General from $170.00 to $155.00 and set a “buy” rating on the stock in a research report on Monday. Thirteen research analysts have rated the stock with a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Dollar General presently has a consensus rating of “Hold” and a consensus target price of $143.62.

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.