Baupost Group LLC MA Lowers Position in Dollar General Corporation $DG

Baupost Group LLC MA lowered its position in Dollar General Corporation (NYSE:DG) by 22.7% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,062,821 shares of the company’s stock after selling 604,055 shares during the quarter. Dollar General accounts for about 5.2% of Baupost Group LLC MA’s investment portfolio, making the stock its 9th biggest holding. Baupost Group LLC MA’s holdings in Dollar General were worth $273,881,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Fideuram Asset Management Ireland dac bought a new stake in shares of Dollar General in the fourth quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in shares of Dollar General by 69.3% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 193 shares of the company’s stock worth $26,000 after acquiring an additional 79 shares during the period. Eastern Bank bought a new position in shares of Dollar General in the 4th quarter worth approximately $35,000. Flagship Harbor Advisors LLC bought a new position in shares of Dollar General in the 4th quarter worth approximately $36,000. Finally, Basepoint Wealth LLC bought a new position in shares of Dollar General in the 4th quarter worth approximately $39,000. Institutional investors own 91.77% of the company’s stock.

More Dollar General News

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

• Positive Sentiment: Multiple analysts raised longer-term earnings estimates for Dollar General, signaling improved profit expectations and supporting the stock’s outlook.
• Positive Sentiment: Wolfe Research reiterated an Outperform rating and a $165 price target, reflecting a constructive view on the shares.
• Positive Sentiment: Coverage emphasized Dollar General’s appeal as a defensive retailer as consumers trade down amid inflation and economic uncertainty. Article Title
• Neutral Sentiment: Technical commentary says the stock is trying to stage a short-term turnaround after finding support near the $100 level, but the broader technical picture is still weak. Article Title
• Neutral Sentiment: Dollar General announced officer appointments and a charitable donation to the American Red Cross, which are positive corporate updates but likely limited near-term stock impact. Article Title

Dollar General Stock Up 0.5%

DG opened at $114.90 on Friday. The company has a current ratio of 1.17, a quick ratio of 0.25 and a debt-to-equity ratio of 0.52. Dollar General Corporation has a 1-year low of $95.11 and a 1-year high of $158.23. The company has a market capitalization of $25.35 billion, a PE ratio of 16.25, a PEG ratio of 1.75 and a beta of 0.26. The firm’s 50 day simple moving average is $113.17 and its two-hundred day simple moving average is $128.89.

Dollar General (NYSE:DG) last announced its quarterly earnings data 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. The firm had revenue of $10.79 billion during the quarter, compared to analysts’ expectations of $10.81 billion. Dollar General had a net margin of 3.63% and a return on equity of 18.65%. The company’s revenue for the quarter was up 3.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. As a group, equities analysts forecast that Dollar General Corporation will post 7.38 EPS for the current year.

Dollar General Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Tuesday, July 7th will be paid a $0.59 dividend. The ex-dividend date of this dividend is Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a dividend yield of 2.1%. Dollar General’s dividend payout ratio is 33.38%.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Dollar General in a research note on Friday, April 10th. Guggenheim decreased their price target on shares of Dollar General from $160.00 to $140.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Telsey Advisory Group decreased their price target on shares of Dollar General from $140.00 to $125.00 and set a “market perform” rating on the stock in a research report on Wednesday, June 3rd. Jefferies Financial Group decreased their price target on shares of Dollar General from $155.00 to $135.00 and set a “buy” rating on the stock in a research report on Wednesday, June 3rd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Dollar General in a research report on Friday, March 13th. Ten investment analysts have rated the stock with a Buy rating, eighteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $131.27.

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.