Mirae Asset Global Investments Co. Ltd. purchased a new stake in Dollar General Corporation (NYSE:DG – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 61,550 shares of the company’s stock, valued at approximately $7,360,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the stock. ProShare Advisors LLC lifted its position in Dollar General by 0.5% in the 3rd quarter. ProShare Advisors LLC now owns 37,759 shares of the company’s stock valued at $4,515,000 after acquiring an additional 202 shares in the last quarter. Vise Technologies Inc. boosted its stake in Dollar General by 47.8% in the 3rd quarter. Vise Technologies Inc. now owns 9,522 shares of the company’s stock worth $1,139,000 after purchasing an additional 3,081 shares during the period. Cidel Asset Management Inc. increased its holdings in Dollar General by 2.5% during the 3rd quarter. Cidel Asset Management Inc. now owns 4,429 shares of the company’s stock worth $530,000 after purchasing an additional 106 shares in the last quarter. Greatmark Investment Partners Inc. bought a new position in Dollar General during the 3rd quarter worth about $282,000. Finally, Aprio Wealth Management LLC acquired a new stake in shares of Dollar General in the 3rd quarter valued at about $579,000. Institutional investors and hedge funds own 91.77% of the company’s stock.
Dollar General Trading Up 8.7%
NYSE DG opened at $141.83 on Thursday. 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. The stock has a 50 day moving average of $127.09 and a 200-day moving average of $125.90. The company has a market cap of $31.29 billion, a PE ratio of 17.54, a PEG ratio of 1.74 and a beta of 0.19.
Dollar General (NYSE:DG – Get Free Report) last issued its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share for the quarter, topping analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a net margin of 3.90% and a return on equity of 18.93%. The business had revenue of $11.29 billion for the quarter, compared to the consensus estimate of $11.20 billion. During the same period in the previous year, the company earned $1.86 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. On average, equities research analysts anticipate that Dollar General Corporation will post 7.70 EPS for the current fiscal year.
Dollar General Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were given 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 of this dividend was Tuesday, October 6th. Dollar General’s dividend payout ratio (DPR) is 30.69%.
Trending Headlines about Dollar General
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
Wall Street Analyst Weigh In
DG has been the topic of a number of research reports. BNP Paribas Exane boosted their price target on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, August 28th. BMO Capital Markets upped their price objective on Dollar General from $120.00 to $135.00 and gave the stock a “market perform” rating in a research report on Friday, August 28th. Telsey Advisory Group increased their price objective on Dollar General from $125.00 to $140.00 and gave the stock a “market perform” rating in a report on Friday, August 28th. Citigroup lifted their target price on Dollar General from $116.00 to $133.00 and gave the company a “neutral” rating in a research report on Friday, August 28th. Finally, Wolfe Research restated an “outperform” rating and issued a $143.00 target price on shares of Dollar General in a research note on Thursday, August 13th. Twelve 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. According to data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and a consensus price target of $137.96.
View Our Latest Analysis on DG
About Dollar General
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.
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