Plato Investment Management Ltd Acquires 7,112 Shares of Dollar General Corporation $DG

Plato Investment Management Ltd raised its holdings in Dollar General Corporation (NYSE:DG) by 324.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 9,303 shares of the company’s stock after buying an additional 7,112 shares during the quarter. Plato Investment Management Ltd’s holdings in Dollar General were worth $1,241,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Vanguard Group Inc. grew its holdings in shares of Dollar General by 1.5% during the 4th quarter. Vanguard Group Inc. now owns 27,309,045 shares of the company’s stock worth $3,625,822,000 after acquiring an additional 412,542 shares during the period. State Street Corp increased its holdings in shares of Dollar General by 9.1% during the third quarter. State Street Corp now owns 10,963,378 shares of the company’s stock valued at $1,133,065,000 after acquiring an additional 913,373 shares in the last quarter. Baillie Gifford & Co. increased its stake in Dollar General by 2.1% during the 4th quarter. Baillie Gifford & Co. now owns 3,316,155 shares of the company’s stock valued at $440,286,000 after purchasing an additional 68,723 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Dollar General by 3.6% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,811,797 shares of the company’s stock valued at $290,599,000 after acquiring an additional 96,825 shares in the last quarter. Finally, Invesco Ltd. increased its holdings in shares of Dollar General by 7.4% in the 3rd quarter. Invesco Ltd. now owns 2,725,276 shares of the company’s stock worth $281,657,000 after purchasing an additional 188,949 shares in the last quarter. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Price Performance

Dollar General stock opened at $113.23 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54. The firm has a market capitalization of $24.94 billion, a PE ratio of 16.53, a price-to-earnings-growth ratio of 1.83 and a beta of 0.28. Dollar General Corporation has a 12-month low of $86.25 and a 12-month high of $158.23. The firm has a 50-day moving average price of $127.90 and a 200-day moving average price of $128.18.

Dollar General (NYSE:DG) last released its earnings results on Thursday, March 12th. The company reported $1.93 EPS for the quarter, beating analysts’ consensus estimates of $1.57 by $0.36. Dollar General had a return on equity of 18.66% and a net margin of 3.54%.The firm had revenue of $10.91 billion for the quarter, compared to analysts’ expectations of $10.78 billion. During the same quarter in the prior year, the firm posted $0.87 earnings per share. The company’s quarterly revenue was up 5.9% on a year-over-year basis. Dollar General has set its FY 2026 guidance at 7.100-7.35 EPS. As a group, equities research analysts forecast that Dollar General Corporation will post 7.29 EPS for the current year.

Dollar General Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were given a $0.59 dividend. This represents a $2.36 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, April 7th. Dollar General’s payout ratio is 34.45%.

Wall Street Analysts Forecast Growth

DG has been the subject of several research reports. Oppenheimer boosted their price objective on shares of Dollar General from $145.00 to $170.00 and gave the company an “outperform” rating in a report on Tuesday, February 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $170.00 price objective on shares of Dollar General in a research note on Thursday, March 12th. Morgan Stanley decreased their price objective on shares of Dollar General from $160.00 to $150.00 and set an “equal weight” rating on the stock in a research report on Friday, March 13th. Wolfe Research reissued an “outperform” rating and issued a $165.00 price target on shares of Dollar General in a report on Thursday, March 12th. Finally, Sanford C. Bernstein dropped their price objective on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating for the company in a report on Wednesday, March 25th. Thirteen investment analysts have rated the stock with a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dollar General presently has an average rating of “Hold” and a consensus price target of $145.00.

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.