Cumberland Partners Ltd Takes Position in Dollar General Corporation $DG

Cumberland Partners Ltd acquired a new position in Dollar General Corporation (NYSE:DG) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 6,000 shares of the company’s stock, valued at approximately $712,000.

Several other institutional investors have also modified their holdings of DG. Life Cycle Investment Partners Ltd acquired a new stake in Dollar General in the 4th quarter valued at about $363,299,000. AQR Capital Management LLC grew its stake in shares of Dollar General by 416.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock worth $259,759,000 after purchasing an additional 2,036,573 shares during the last quarter. Bessemer Group Inc. raised its holdings in shares of Dollar General by 24,882.5% in the 4th quarter. Bessemer Group Inc. now owns 1,694,315 shares of the company’s stock worth $224,953,000 after purchasing an additional 1,687,533 shares in the last quarter. Morgan Stanley raised its holdings in shares of Dollar General by 35.0% in the 4th quarter. Morgan Stanley now owns 6,270,333 shares of the company’s stock worth $832,513,000 after purchasing an additional 1,624,748 shares in the last quarter. Finally, SG Americas Securities LLC lifted its stake in Dollar General by 2,208.2% during the first quarter. SG Americas Securities LLC now owns 1,554,918 shares of the company’s stock valued at $184,615,000 after purchasing an additional 1,487,554 shares during the last quarter. Institutional investors and hedge funds own 91.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on DG shares. Daiwa Securities Group decreased their price target on shares of Dollar General from $136.00 to $111.00 and set a “neutral” rating on the stock in a research report on Thursday, June 4th. The Goldman Sachs Group reduced their price objective on Dollar General from $130.00 to $128.00 and set a “neutral” rating for the company in a research note on Wednesday, June 3rd. Oppenheimer decreased their target price on Dollar General from $170.00 to $150.00 and set an “outperform” rating on the stock in a report on Friday, May 29th. BMO Capital Markets cut their target price on Dollar General from $135.00 to $120.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Finally, Jefferies Financial Group reduced their target price on Dollar General from $155.00 to $135.00 and set a “buy” rating for the company in a report on Wednesday, June 3rd. Ten research 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. Based on data from MarketBeat, Dollar General currently has a consensus rating of “Hold” and a consensus target price of $131.27.

Dollar General Price Performance

Shares of NYSE:DG opened at $117.28 on Friday. The company’s fifty day moving average is $113.54 and its two-hundred day moving average is $127.06. The company has a market cap of $25.87 billion, a P/E ratio of 16.59, a price-to-earnings-growth ratio of 1.78 and a beta of 0.25. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. 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 (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $10.81 billion. During the same quarter in the previous year, the company posted $1.78 earnings per share. Dollar General’s revenue for the quarter 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. Equities analysts expect that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Tuesday, July 7th were given 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 yield of 2.0%. Dollar General’s payout ratio 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.