Smith Group Asset Management LLC Acquires New Shares in Dollar General Corporation $DG

Smith Group Asset Management LLC acquired a new position in Dollar General Corporation (NYSE:DG) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 268,225 shares of the company’s stock, valued at approximately $31,846,000.

Other hedge funds have also recently bought and sold shares of the company. Fideuram Asset Management Ireland dac acquired a new stake in shares of Dollar General in the fourth quarter worth about $25,000. Caitong International Asset Management Co. Ltd increased its holdings in shares of Dollar General by 4,550.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 186 shares of the company’s stock valued at $25,000 after acquiring an additional 182 shares during the last quarter. Evergreen Advisors LLC acquired a new position in shares of Dollar General during the 1st quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Dollar General by 69.3% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock valued at $26,000 after acquiring an additional 79 shares in the last quarter. Finally, Reflection Asset Management bought a new position in shares of Dollar General in the 4th quarter valued at approximately $28,000. 91.77% of the stock is owned by institutional investors and hedge funds.

Dollar General Stock Performance

DG opened at $126.22 on Wednesday. The firm has a market capitalization of $27.84 billion, a P/E ratio of 17.85, a price-to-earnings-growth ratio of 1.87 and a beta of 0.25. The stock’s 50 day moving average price is $114.33 and its two-hundred day moving average price is $126.70. 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 12-month low of $95.11 and a 12-month high of $158.23.

Dollar General (NYSE:DG) last issued its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 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 company had revenue of $10.79 billion for the quarter, compared to the consensus estimate of $10.81 billion. During the same period in the previous year, the business posted $1.78 EPS. The company’s revenue for the quarter was up 3.4% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. On average, equities analysts forecast that Dollar General Corporation will post 7.38 earnings per share for the current year.

Dollar General Announces Dividend

The business also recently announced 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 1.9%. Dollar General’s payout ratio is 33.38%.

Dollar General News Roundup

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

• Positive Sentiment: Analysts expect Dollar General’s fiscal Q2 2027 earnings to rise by a high-single-digit percentage, creating optimism that the discount retailer may continue improving profitability. The company previously exceeded quarterly EPS expectations and maintains fiscal 2026 EPS guidance of $7.20 to $7.45. Dollar General’s Q2 2027 Earnings: What to Expect
• Positive Sentiment: Dollar General was highlighted among retail and wholesale stocks that could benefit from potential earnings surprises, supporting speculative buying ahead of the results. Why Investors Need to Take Advantage of These 2 Retail and Wholesale Stocks Now
• Neutral Sentiment: Dollar General invited small businesses to explore vendor opportunities. The initiative could expand its supplier pipeline and product selection, but the announcement provided no immediate financial targets or material earnings impact. Dollar General Invites Small Businesses to Explore Vendor Opportunities
• Neutral Sentiment: Reports noting Dollar General’s market outperformance did not identify a specific new corporate catalyst. Investors should therefore focus on the upcoming earnings release, sales trends, margins and updated guidance for confirmation of the recent momentum. Dollar General (DG) Laps the Stock Market: Here’s Why

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Raymond James Financial restated an “outperform” rating and issued a $145.00 target price on shares of Dollar General in a report on Wednesday, June 3rd. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Dollar General from $110.00 to $114.00 and gave the company a “hold” rating in a research report on Thursday, June 4th. HSBC reduced 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. Wall Street Zen lowered shares of Dollar General from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. Finally, Morgan Stanley dropped their target price on shares of Dollar General from $150.00 to $132.00 and set an “equal weight” rating on the stock in a report on Wednesday, June 3rd. Ten investment analysts have rated the stock with a Buy rating, eighteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Dollar General currently has an average rating of “Hold” and an average target price of $131.27.

Dollar General Company 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.