Dollar General Corporation $DG Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Trims Holdings

VIRGINIA RETIREMENT SYSTEMS ET Al lessened its holdings in Dollar General Corporation (NYSE:DG) by 9.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 400,173 shares of the company’s stock after selling 41,900 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Dollar General were worth $47,853,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Evergreen Advisors LLC purchased a new position in shares of Dollar General during the 1st quarter worth approximately $25,000. Reyes Financial Architecture Inc. acquired a new stake in shares of Dollar General in the 3rd quarter valued at approximately $30,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Dollar General in the 3rd quarter valued at approximately $32,000. Nvwm LLC boosted its stake in shares of Dollar General by 2,780.0% in the third quarter. Nvwm LLC now owns 288 shares of the company’s stock valued at $34,000 after buying an additional 278 shares in the last quarter. Finally, Rosenberg Matthew Hamilton boosted its stake in shares of Dollar General by 788.1% in the second quarter. Rosenberg Matthew Hamilton now owns 373 shares of the company’s stock valued at $43,000 after buying an additional 331 shares in the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on DG shares. BNP Paribas Exane upped their price objective on Dollar General from $113.00 to $129.00 and gave the stock a “neutral” rating in a report on Friday, August 28th. Sanford C. Bernstein restated an “outperform” rating and set a $160.00 target price on shares of Dollar General in a research report on Friday, August 28th. Oppenheimer reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research note on Tuesday, August 25th. Raymond James Financial reiterated an “outperform” rating and issued a $150.00 price target on shares of Dollar General in a report on Friday, August 28th. Finally, Citigroup increased their price target on shares of Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Twelve analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Dollar General presently has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Price Performance

Shares of NYSE:DG opened at $132.02 on Friday. The firm has a market capitalization of $29.13 billion, a price-to-earnings ratio of 17.49, a price-to-earnings-growth ratio of 1.73 and a beta of 0.23. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.21 and a quick ratio of 0.31. The business’s 50 day simple moving average is $126.34 and its 200-day simple moving average is $126.12. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23.

Dollar General (NYSE:DG) last released its quarterly earnings data on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, beating the consensus estimate of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The firm had revenue of $11.29 billion during the quarter, compared to the consensus estimate of $11.20 billion. During the same period last year, the business posted $1.86 EPS. Dollar General’s quarterly revenue was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities analysts forecast that Dollar General Corporation will post 7.70 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Shareholders of record on Tuesday, October 6th were issued a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 annualized dividend and a yield of 1.8%. Dollar General’s dividend payout ratio is 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.