Janus Henderson Group PLC Buys 10,455 Shares of Dollar General Corporation $DG

Janus Henderson Group PLC lifted its position in shares of Dollar General Corporation (NYSE:DG) by 70.3% in the 1st quarter, Holdings Channel reports. The institutional investor owned 25,320 shares of the company’s stock after purchasing an additional 10,455 shares during the quarter. Janus Henderson Group PLC’s holdings in Dollar General were worth $3,006,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Calamos Advisors LLC raised its stake in shares of Dollar General by 32.9% during the 4th quarter. Calamos Advisors LLC now owns 245,473 shares of the company’s stock worth $32,591,000 after purchasing an additional 60,746 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of Dollar General by 0.8% during the 4th quarter. Geode Capital Management LLC now owns 5,707,809 shares of the company’s stock worth $754,857,000 after buying an additional 42,936 shares during the period. Norges Bank bought a new position in shares of Dollar General during the fourth quarter worth approximately $133,431,000. KBC Group NV increased its position in Dollar General by 63.8% during the 1st quarter. KBC Group NV now owns 60,896 shares of the company’s stock worth $7,230,000 after buying an additional 23,710 shares during the period. Finally, Pinebridge Investments LLC acquired a new stake in Dollar General in the 4th quarter worth about $11,864,000. 91.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently weighed in on DG shares. Morgan Stanley cut their target price on Dollar General from $150.00 to $132.00 and set an “equal weight” rating for the company in a research report on Wednesday, June 3rd. The Goldman Sachs Group dropped their price target 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. BNP Paribas Exane cut their target price on shares of Dollar General from $144.00 to $113.00 and set a “neutral” rating on the stock in a research report on Wednesday, June 3rd. Raymond James Financial reiterated an “outperform” rating and issued a $145.00 price target on shares of Dollar General in a research report on Wednesday, June 3rd. Finally, Truist Financial increased their price objective on shares of Dollar General from $109.00 to $114.00 and gave the stock a “hold” rating in a research report on Tuesday, June 2nd. Ten analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $131.27.

Dollar General Trading Down 0.7%

Shares of Dollar General stock opened at $126.55 on Friday. The stock has a market capitalization of $27.91 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 1.92 and a beta of 0.23. Dollar General Corporation has a 52 week low of $95.11 and a 52 week high of $158.23. The stock has a 50 day moving average price of $117.74 and a two-hundred day moving average price of $125.69. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.25 and a current ratio of 1.17.

Dollar General (NYSE:DG) last issued its earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share (EPS) for the quarter, topping 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 company had revenue of $10.79 billion for the quarter, compared to analysts’ expectations of $10.81 billion. During the same period last year, the business earned $1.78 EPS. 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, equities analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders 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 annualized dividend and a dividend yield of 1.9%. Dollar General’s payout ratio is presently 33.38%.

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.