Capital International Investors Reduces Holdings in Dollar General Corporation $DG

Capital International Investors decreased its holdings in Dollar General Corporation (NYSE:DG) by 10.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,122,046 shares of the company’s stock after selling 136,939 shares during the quarter. Capital International Investors’ holdings in Dollar General were worth $148,974,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fideuram Asset Management Ireland dac purchased a new stake in Dollar General in the 4th quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in Dollar General by 69.3% in 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 in the last quarter. Eastern Bank purchased a new stake in Dollar General in the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC purchased a new stake in Dollar General in the 4th quarter worth approximately $36,000. Finally, Basepoint Wealth LLC purchased a new stake in Dollar General in the 4th quarter worth approximately $39,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Gordon Haskett downgraded Dollar General from a “buy” rating to a “hold” rating and dropped their price target for the stock from $140.00 to $110.00 in a research note on Friday, May 22nd. Citigroup dropped their price target on Dollar General from $138.00 to $116.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Barclays dropped their price target on Dollar General from $151.00 to $148.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. BNP Paribas Exane dropped their price target on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Finally, Sanford C. Bernstein restated an “outperform” rating and issued a $149.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. 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 company’s stock. According to MarketBeat, Dollar General has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Stock Up 3.0%

Shares of DG opened at $106.80 on Tuesday. The stock has a market capitalization of $23.56 billion, a price-to-earnings ratio of 15.11, a price-to-earnings-growth ratio of 1.59 and a beta of 0.26. Dollar General Corporation has a 1 year low of $95.11 and a 1 year high of $158.23. The business’s 50 day simple moving average is $113.61 and its 200-day simple moving average is $128.76. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.17 and a quick ratio of 0.25.

Dollar General (NYSE:DG) last issued its quarterly earnings data on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.89 by $0.11. The business had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The company’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same period in the prior year, the firm earned $1.78 EPS. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts expect that Dollar General Corporation will post 7.33 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be given a dividend of $0.59 per share. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a dividend yield of 2.2%. Dollar General’s payout ratio is currently 33.38%.

Dollar General Profile

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.