Flossbach Von Storch SE Invests $81.18 Million in Dollar General Corporation $DG

Flossbach Von Storch SE bought a new position in Dollar General Corporation (NYSE:DG) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 705,223 shares of the company’s stock, valued at approximately $81,178,000. Flossbach Von Storch SE owned about 0.32% of Dollar General as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Fideuram Asset Management Ireland dac acquired a new stake in Dollar General during the 4th quarter worth about $25,000. Caitong International Asset Management Co. Ltd boosted its holdings in shares of 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 buying an additional 182 shares during the period. Evergreen Advisors LLC purchased a new position in shares of Dollar General in the first quarter worth approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of 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 acquiring an additional 79 shares in the last quarter. Finally, Reflection Asset Management acquired a new stake in shares of Dollar General during the fourth quarter valued at approximately $28,000. 91.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the stock. Guggenheim decreased their price objective on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday, June 3rd. BNP Paribas Exane reduced their target price on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a report on Wednesday, June 3rd. BMO Capital Markets decreased their target price on Dollar General from $135.00 to $120.00 and set a “market perform” rating for the company in a research report on Wednesday, June 3rd. Piper Sandler lowered their price target on Dollar General from $133.00 to $118.00 and set a “neutral” rating on the stock in a report on Wednesday, June 3rd. Finally, UBS Group reissued a “buy” rating on shares of Dollar General in a research report on Wednesday, May 27th. Ten equities research analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $130.42.

Dollar General Trading Up 1.1%

NYSE DG opened at $122.11 on Thursday. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. The company has a market capitalization of $26.94 billion, a PE ratio of 17.27, a price-to-earnings-growth ratio of 1.84 and a beta of 0.23. The firm’s fifty day simple moving average is $120.06 and its 200-day simple moving average is $124.12.

Dollar General (NYSE:DG) last announced 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. Dollar General had a return on equity of 18.65% and a net margin of 3.63%.The business had revenue of $10.79 billion during the quarter, compared to analyst estimates of $10.81 billion. During the same period last year, the company earned $1.78 earnings per share. Dollar General’s quarterly revenue was up 3.4% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, sell-side analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 1.9%. Dollar General’s dividend payout ratio (DPR) is 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.