Dollar General Corporation $DG Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its holdings in Dollar General Corporation (NYSE:DG) by 5.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,695,783 shares of the company’s stock after selling 526,277 shares during the quarter. Dollar General accounts for about 3.4% of Pzena Investment Management LLC’s investment portfolio, making the stock its 6th largest holding. Pzena Investment Management LLC owned about 4.39% of Dollar General worth $1,159,422,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of DG. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Dollar General in the 2nd quarter valued at about $50,887,000. Royal London Asset Management Ltd. boosted its holdings in Dollar General by 30.7% during the second quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company’s stock worth $73,519,000 after purchasing an additional 149,869 shares during the last quarter. KBC Group NV lifted its position in Dollar General by 63.8% during the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock worth $7,230,000 after buying an additional 23,710 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of Dollar General during the 2nd quarter worth about $162,412,000. Finally, Tidal Investments LLC boosted its stake in shares of Dollar General by 31.0% during the 2nd quarter. Tidal Investments LLC now owns 80,326 shares of the company’s stock worth $9,246,000 after buying an additional 19,024 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on DG. The Goldman Sachs Group increased their price target on Dollar General from $128.00 to $141.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Raymond James Financial reaffirmed an “outperform” rating and set a $150.00 price target on shares of Dollar General in a research report on Friday, August 28th. Barclays upped their price objective on Dollar General from $148.00 to $151.00 and gave the stock an “overweight” rating in a research note on Tuesday, September 8th. Guggenheim reissued a “buy” rating and issued a $140.00 price objective on shares of Dollar General in a report on Monday, August 31st. Finally, Oppenheimer reissued an “outperform” rating and issued a $150.00 target price on shares of Dollar General in a research note on Tuesday, August 25th. Twelve equities research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dollar General currently has an average rating of “Hold” and an average price target of $137.96.

Dollar General Stock Performance

Shares of DG stock opened at $141.83 on Thursday. The business’s 50-day moving average price is $127.09 and its 200-day moving average price is $125.90. The firm has a market capitalization of $31.29 billion, a price-to-earnings ratio of 18.44, a PEG ratio of 1.74 and a beta of 0.19. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG) last announced its earnings results on Thursday, August 27th. The company reported $2.48 EPS 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 business had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same period in the prior year, the business posted $1.86 earnings per share. The firm’s 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. Equities research analysts forecast that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

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

Dollar General News Roundup

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: Dollar General’s “Value Valley” promotion, including $1 deals and expanded displays, is reported to be resonating with budget-conscious shoppers alongside strong comparable-sales growth. That supports the case for continued customer traffic. Dollar General’s Value Valley Gains Momentum: More Upside Ahead?
• Positive Sentiment: Coverage also highlights the DGTP store format, planned remodels, store expansion and digital growth as potential longer-term sales and productivity drivers. Some analysis notes DG trades at a discount to industry peers, while lingering cost pressures remain. Is Dollar General’s New DGTP Store Format a Growth Catalyst? Is Dollar General Stock a Buy at Its Current Valuation?
• Neutral Sentiment: Management says higher-income households are showing spending patterns similar to more budget-constrained consumers. This could broaden demand for value retailers, but also reflects pressure on household finances. People Making Over $100,000 Per Year are Acting Like They are Living Paycheck to Paycheck
• Negative Sentiment: The FTC and 20 states are suing Dollar General over allegations that shoppers were repeatedly charged more at checkout than advertised. The claims raise potential legal costs and reputational concerns; a separate law-firm announcement of a fraud investigation adds to the headline risk. Dollar General hit with FTC lawsuit over allegedly overcharging shoppers millions DG Investors Have Opportunity to Join Dollar General Corporation Fraud Investigation with SBS Law

Dollar General Company Profile

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.