Dollar General Corporation $DG Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC increased its holdings in Dollar General Corporation (NYSE:DG) by 128.8% in the 3rd quarter, Holdings Channel reports. The fund owned 65,190 shares of the company’s stock after purchasing an additional 36,696 shares during the period. Nisa Investment Advisors LLC’s holdings in Dollar General were worth $7,795,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the business. Bank of New York Mellon Corp acquired a new stake in Dollar General during the 2nd quarter worth about $162,412,000. Flossbach Von Storch SE purchased a new position in Dollar General during the 2nd quarter valued at about $81,178,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Dollar General in the 2nd quarter valued at about $50,887,000. Renaissance Technologies LLC increased its holdings in shares of Dollar General by 121.3% in the 1st quarter. Renaissance Technologies LLC now owns 704,204 shares of the company’s stock valued at $83,610,000 after purchasing an additional 386,000 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new position in shares of Dollar General in the 2nd quarter valued at about $33,649,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on DG. Morgan Stanley increased their price target on shares of Dollar General from $132.00 to $145.00 and gave the stock an “equal weight” rating in a research report on Friday, August 28th. Weiss Ratings raised shares of Dollar General from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, September 10th. Guggenheim reaffirmed a “buy” rating and set a $140.00 price objective on shares of Dollar General in a research report on Monday, August 31st. Oppenheimer reiterated an “outperform” rating and issued a $150.00 price objective on shares of Dollar General in a research note on Tuesday, August 25th. Finally, BMO Capital Markets increased their target price on shares of Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Dollar General currently has an average rating of “Hold” and an average target price of $137.96.

Dollar General Stock Performance

Shares of NYSE DG opened at $138.88 on Friday. The business’s 50-day moving average price is $125.64 and its two-hundred day moving average price is $119.63. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. Dollar General Corporation has a one year low of $95.11 and a one year high of $158.23. The company has a market capitalization of $30.64 billion, a P/E ratio of 18.06, a price-to-earnings-growth ratio of 1.80 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 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. The company had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The business’s quarterly revenue was up 5.2% on a year-over-year basis. During the same period last year, the business earned $1.86 EPS. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. Analysts anticipate that Dollar General Corporation will post 7.69 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were issued a $0.59 dividend. The ex-dividend date was Tuesday, October 6th. This represents a $2.36 dividend on an annualized basis and a yield of 1.7%. Dollar General’s dividend payout ratio is currently 30.69%.

About Dollar General

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.