Sterling Capital Management LLC Sells 4,326 Shares of Dollar General Corporation $DG

Sterling Capital Management LLC decreased its position in Dollar General Corporation (NYSE:DG) by 14.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,204 shares of the company’s stock after selling 4,326 shares during the period. Sterling Capital Management LLC’s holdings in Dollar General were worth $2,992,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Dollar General in the fourth quarter valued at $25,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after acquiring an additional 182 shares during the period. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Dollar General by 69.3% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares during the period. Reflection Asset Management purchased a new stake in Dollar General in the 4th quarter worth about $28,000. Finally, Kemnay Advisory Services Inc. bought a new stake in Dollar General in the 4th quarter valued at about $31,000. 91.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

DG has been the topic of several recent research reports. Gordon Haskett downgraded shares of Dollar General from a “buy” rating to a “hold” rating and dropped their price objective for the company from $140.00 to $110.00 in a report on Friday, May 22nd. Evercore lowered their price target on shares of Dollar General from $145.00 to $140.00 in a research report on Wednesday, June 3rd. Piper Sandler dropped their price target on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a research note on Wednesday, June 3rd. Rothschild & Co Redburn cut their price objective on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Finally, UBS Group reiterated a “buy” rating on shares of Dollar General in a research note on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $131.27.

Dollar General Price Performance

DG stock opened at $119.45 on Monday. The firm has a 50 day moving average of $112.07 and a 200-day moving average of $129.12. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The firm has a market capitalization of $26.35 billion, a P/E ratio of 16.90, a price-to-earnings-growth ratio of 1.82 and a beta of 0.26.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 EPS for the quarter, beating the consensus estimate of $1.89 by $0.11. The company had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. Dollar General’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, sell-side analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be issued a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.0%. Dollar General’s dividend payout ratio is presently 33.38%.

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.