Magellan Asset Management Ltd Raises Stock Position in Dollar General Corporation $DG

Magellan Asset Management Ltd grew its stake in shares of Dollar General Corporation (NYSE:DG) by 85.8% in the third quarter, Holdings Channel.com reports. The fund owned 684,892 shares of the company’s stock after purchasing an additional 316,308 shares during the period. Magellan Asset Management Ltd’s holdings in Dollar General were worth $70,784,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its stake in Dollar General by 116.0% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 2,714,972 shares of the company’s stock valued at $310,538,000 after purchasing an additional 1,458,093 shares in the last quarter. Norges Bank purchased a new stake in Dollar General during the second quarter worth $154,371,000. Massachusetts Financial Services Co. MA grew its holdings in Dollar General by 15,369.9% in the second quarter. Massachusetts Financial Services Co. MA now owns 1,219,179 shares of the company’s stock valued at $139,450,000 after purchasing an additional 1,211,298 shares during the last quarter. Laurel Wealth Advisors LLC increased its position in shares of Dollar General by 10,936.5% in the second quarter. Laurel Wealth Advisors LLC now owns 1,204,193 shares of the company’s stock valued at $137,736,000 after buying an additional 1,193,282 shares in the last quarter. Finally, DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its stake in shares of Dollar General by 845.0% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,178,232 shares of the company’s stock worth $134,766,000 after buying an additional 1,053,555 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Dollar General Stock Up 0.6%

Shares of DG opened at $153.86 on Wednesday. The company’s fifty day moving average is $144.66 and its two-hundred day moving average is $120.65. Dollar General Corporation has a fifty-two week low of $70.01 and a fifty-two week high of $155.00. The company has a quick ratio of 0.24, a current ratio of 1.17 and a debt-to-equity ratio of 0.63. The firm has a market cap of $33.87 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 2.54 and a beta of 0.25.

Dollar General (NYSE:DG) last announced its quarterly earnings results on Thursday, December 4th. The company reported $1.28 EPS for the quarter, topping the consensus estimate of $0.95 by $0.33. Dollar General had a return on equity of 18.59% and a net margin of 3.03%.The company had revenue of $10.65 billion during the quarter, compared to analyst estimates of $10.60 billion. During the same period in the prior year, the firm posted $0.89 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. Dollar General has set its FY 2025 guidance at 6.300-6.500 EPS. Analysts forecast that Dollar General Corporation will post 5.75 earnings per share for the current year.

Dollar General Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 20th. Investors of record on Tuesday, January 6th were given a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, January 6th. This represents a $2.36 annualized dividend and a yield of 1.5%. Dollar General’s payout ratio is 40.76%.

Dollar General News Roundup

Here are the key news stories impacting Dollar General this week:

• Positive Sentiment: DG’s 2026 real‑estate plan lays out 4,730 projects including ~460 new stores and more larger-format remodels aimed at underserved rural towns — a clear growth and margin expansion strategy. Dollar General’s 2026 Real Estate Plan Focuses on Rural Markets
• Positive Sentiment: Local openings of DG Market (fresh‑food format) — including a new store south of Muncie — reinforce DG’s strategy to capture grocery spend in small markets and raise ticket/margin per visit. This supports comps and longer‑term revenue diversification. New DG Market opening south of Muncie will offer fresh groceries
• Positive Sentiment: Another local market expansion announced in Hurlock signals continued rollout of DG’s footprint and format diversification across small towns — incremental sales and share gains in those communities are the likely near‑term outcome. Dollar General announces market expansion in Hurlock
• Positive Sentiment: Oppenheimer raised its price target from $145 to $170 and kept an outperform rating — a prominent sell‑side upgrade that can drive buying interest and supports the rally thesis. DG price target raised at Oppenheimer
• Positive Sentiment: Analyst roundup pieces are flagging upside scenarios (one headline suggests potential >11% rally based on forecasts), which can amplify short‑term momentum and headline‑driven flows. Dollar General to rally more than 11%? Here are 10 top analyst forecasts for Tuesday
• Positive Sentiment: Momentum/quant coverage (Zacks, Seeking Alpha) highlight DG’s earnings consistency, defensive appeal and style‑score momentum, which can attract model‑driven and retail buyers. Here’s Why Dollar General (DG) is a Strong Momentum Stock
• Neutral Sentiment: Market coverage pieces comparing DG to peers (Walmart, Target, etc.) present mixed views on margins and growth — useful for long‑term allocation decisions but less likely to move the stock alone today. Walmart or Dollar General: Which Is the Better Retail Play Right Now?
• Neutral Sentiment: Recent daily market coverage notes DG outperformed as the broader market dipped — a factual wrap of recent trading rather than a fresh catalyst. Dollar General (DG) Gains As Market Dips: What You Should Know

Insider Activity at Dollar General

In other Dollar General news, EVP Roderick J. West sold 2,282 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were sold at an average price of $133.35, for a total value of $304,304.70. Following the transaction, the executive vice president owned 36,108 shares in the company, valued at $4,815,001.80. The trade was a 5.94% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CAO Anita C. Elliott sold 2,516 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $132.52, for a total value of $333,420.32. Following the completion of the transaction, the chief accounting officer directly owned 29,344 shares of the company’s stock, valued at $3,888,666.88. This represents a 7.90% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 58,673 shares of company stock valued at $7,713,389. 0.56% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on DG shares. Sanford C. Bernstein boosted their price objective on shares of Dollar General from $141.00 to $150.00 and gave the stock an “outperform” rating in a research report on Monday, January 5th. Oppenheimer lifted their target price on shares of Dollar General from $145.00 to $170.00 and gave the stock an “outperform” rating in a research report on Tuesday. Wolfe Research increased their price target on shares of Dollar General from $141.00 to $159.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. Raymond James Financial reissued an “outperform” rating and set a $135.00 price objective on shares of Dollar General in a research note on Friday, December 5th. Finally, Loop Capital upped their target price on Dollar General from $120.00 to $145.00 and gave the company a “hold” rating in a research note on Friday, February 6th. Fourteen equities research analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Dollar General has an average rating of “Hold” and an average target price of $145.37.

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.