Dollar General Corporation $DG Shares Bought by Machina Capital S.A.S.

Machina Capital S.A.S. raised its stake in Dollar General Corporation (NYSE:DG) by 449.7% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 10,467 shares of the company’s stock after purchasing an additional 8,563 shares during the period. Machina Capital S.A.S.’s holdings in Dollar General were worth $1,252,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of DG. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Dollar General during the second quarter valued at approximately $50,887,000. Royal London Asset Management Ltd. boosted its position in Dollar General by 30.7% during the 2nd quarter. Royal London Asset Management Ltd. now owns 638,681 shares of the company’s stock valued at $73,519,000 after purchasing an additional 149,869 shares during the period. KBC Group NV boosted 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 valued at $7,230,000 after purchasing an additional 23,710 shares during the period. Bank of New York Mellon Corp bought a new position in Dollar General during the 2nd quarter worth $162,412,000. Finally, Tidal Investments LLC grew its stake in 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. Institutional investors and hedge funds own 91.77% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on DG. Telsey Advisory Group increased their target price on Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Piper Sandler boosted their price target on shares of Dollar General from $118.00 to $123.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Argus upped their price target on shares of Dollar General from $165.00 to $170.00 and gave the stock a “buy” rating in a research report on Friday, September 4th. HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and increased their price objective for the stock from $125.00 to $160.00 in a report on Thursday, September 24th. Finally, Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research report on Tuesday, October 6th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $137.96.

Dollar General Stock Down 2.0%

Shares of Dollar General stock opened at $134.68 on Friday. The business’s fifty day moving average price is $128.23 and its two-hundred day moving average price is $125.56. 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 company has a market capitalization of $29.71 billion, a P/E ratio of 18.47, a PEG ratio of 1.83 and a beta of 0.19. Dollar General Corporation has a 1-year low of $99.50 and a 1-year high of $158.23.

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

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 20th. Investors of record on Tuesday, October 6th were given a $0.59 dividend. This represents a $2.36 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Tuesday, October 6th. Dollar General’s dividend payout ratio is currently 30.69%.

Dollar General Profile

Dollar General Corporation is an American discount retailer that operates neighborhood stores offering everyday essentials at value-oriented prices. Its merchandise includes food and household supplies, cleaning products, health and beauty items, seasonal goods, apparel, and home products, with a mix of national brands and private-label products. The company traces its roots to J.L. Turner & Son, a family-owned business established in 1939. The first store operating under the Dollar General name opened in Springfield, Kentucky, in 1955.