Atria Investments Inc Reduces Stock Position in Dollar General Corporation $DG

Atria Investments Inc lessened its stake in Dollar General Corporation (NYSE:DG) by 29.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 76,763 shares of the company’s stock after selling 31,753 shares during the quarter. Atria Investments Inc’s holdings in Dollar General were worth $10,192,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC raised its holdings in shares of Dollar General by 416.4% in the third quarter. AQR Capital Management LLC now owns 2,525,608 shares of the company’s stock valued at $259,759,000 after acquiring an additional 2,036,573 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its holdings in Dollar General by 426.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,699,871 shares of the company’s stock worth $225,692,000 after purchasing an additional 1,377,226 shares during the last quarter. Schroder Investment Management Group increased its position in Dollar General by 6,414.7% during the 3rd quarter. Schroder Investment Management Group now owns 960,785 shares of the company’s stock valued at $99,297,000 after buying an additional 946,037 shares in the last quarter. 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. Finally, Caisse de depot et placement du Quebec raised its holdings in shares of Dollar General by 1,615.1% in the third quarter. Caisse de depot et placement du Quebec now owns 908,110 shares of the company’s stock worth $93,853,000 after buying an additional 855,162 shares during the last quarter. 91.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on DG shares. Wolfe Research restated an “outperform” rating and issued a $165.00 price objective on shares of Dollar General in a research note on Thursday, March 12th. KeyCorp restated a “sector weight” rating on shares of Dollar General in a research note on Friday, March 13th. Sanford C. Bernstein decreased their price objective on shares of Dollar General from $150.00 to $146.00 and set an “outperform” rating on the stock in a report on Wednesday, March 25th. Truist Financial set a $139.00 target price on shares of Dollar General in a research note on Thursday, March 12th. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $140.00 target price on shares of Dollar General in a report on Tuesday, March 24th. Thirteen equities research analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Dollar General has an average rating of “Hold” and an average price target of $145.00.

Dollar General Trading Up 3.2%

Shares of DG stock opened at $105.03 on Friday. Dollar General Corporation has a twelve month low of $87.54 and a twelve month high of $158.23. The stock has a market cap of $23.13 billion, a price-to-earnings ratio of 15.33, a PEG ratio of 1.64 and a beta of 0.28. The company’s 50-day moving average price is $123.03 and its 200-day moving average price is $128.23. The company has a current ratio of 1.13, a quick ratio of 0.22 and a debt-to-equity ratio of 0.54.

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

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 21st. Shareholders of record on Tuesday, April 7th were paid a dividend of $0.59 per share. The ex-dividend date of this dividend was Tuesday, April 7th. This represents a $2.36 annualized dividend and a yield of 2.2%. Dollar General’s dividend payout ratio (DPR) is 34.45%.

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.