Louisiana State Employees Retirement System Purchases Shares of 11,200 Dollar General Corporation $DG

Louisiana State Employees Retirement System acquired a new position in shares of Dollar General Corporation (NYSE:DG) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 11,200 shares of the company’s stock, valued at approximately $1,330,000.

Other hedge funds have also modified their holdings of the company. Fideuram Asset Management Ireland dac purchased a new position in shares of Dollar General in the fourth quarter valued at $25,000. Caitong International Asset Management Co. Ltd increased its position in Dollar General by 4,550.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock worth $25,000 after purchasing an additional 182 shares during the last quarter. Annis Gardner Whiting Capital Advisors LLC increased its position in Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after purchasing an additional 79 shares during the last quarter. Reflection Asset Management purchased a new stake in Dollar General during the fourth quarter valued at $28,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in Dollar General during the fourth quarter valued at $31,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on DG shares. HSBC dropped their price objective on shares of Dollar General from $141.00 to $125.00 and set a “hold” rating for the company in a research note on Wednesday, June 3rd. Jefferies Financial Group decreased their target price on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Piper Sandler lowered their price target on shares of Dollar General from $133.00 to $118.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. Rothschild & Co Redburn lowered their price target on shares of Dollar General from $111.00 to $90.00 and set a “sell” rating for the company in a report on Monday, May 18th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $131.27.

Dollar General Stock Up 0.0%

NYSE DG opened at $118.19 on Friday. The company has a quick ratio of 0.25, a current ratio of 1.17 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The firm has a market capitalization of $26.07 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 1.80 and a beta of 0.25. The company has a fifty day moving average of $111.27 and a two-hundred day moving average of $128.69.

Dollar General (NYSE:DG) last announced its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.11. The business had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The business’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, analysts predict that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 annualized dividend and a yield of 2.0%. Dollar General’s dividend payout ratio (DPR) is presently 33.38%.

About Dollar General

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.