3,857 Dollar General Corporation $DG Shares Sold by Greenleaf Trust

Greenleaf Trust trimmed its stake in Dollar General Corporation (NYSE:DG) by 3.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 96,569 shares of the company’s stock after selling 3,857 shares during the quarter. Greenleaf Trust’s holdings in Dollar General were worth $11,548,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DG. Arrowstreet Capital Limited Partnership lifted its holdings in Dollar General by 6.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,868,239 shares of the company’s stock valued at $340,546,000 after purchasing an additional 167,546 shares in the last quarter. Dimensional Fund Advisors LP grew its position in Dollar General by 2.8% during the first quarter. Dimensional Fund Advisors LP now owns 2,800,145 shares of the company’s stock valued at $332,443,000 after acquiring an additional 75,323 shares during the period. Royal Bank of Canada grew its position in Dollar General by 0.8% during the first quarter. Royal Bank of Canada now owns 2,723,506 shares of the company’s stock valued at $323,362,000 after acquiring an additional 20,366 shares during the period. Bank of New York Mellon Corp acquired a new stake in Dollar General during the 2nd quarter worth approximately $162,412,000. Finally, Flossbach Von Storch SE purchased a new stake in Dollar General during the second quarter worth approximately $81,178,000. 91.77% of the stock is currently owned by hedge funds and other institutional investors.

Dollar General Stock Performance

DG stock opened at $132.02 on Monday. The stock’s 50 day simple moving average is $126.34 and its 200 day simple moving average is $126.12. Dollar General Corporation has a 12-month low of $95.11 and a 12-month high of $158.23. The firm has a market cap of $29.13 billion, a P/E ratio of 17.17, a P/E/G ratio of 1.76 and a beta of 0.19. The company has a current ratio of 1.21, a quick ratio of 0.31 and a debt-to-equity ratio of 0.49.

Dollar General (NYSE:DG) last posted its earnings results on Thursday, August 27th. The company reported $2.48 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.01 by $0.47. Dollar General had a return on equity of 18.93% and a net margin of 3.90%. The company had revenue of $11.29 billion for the quarter, compared to analysts’ expectations of $11.20 billion. During the same period last year, the business posted $1.86 earnings per share. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. Dollar General has set its FY 2026 guidance at 7.800-8.000 EPS. As a group, equities research analysts predict that Dollar General Corporation will post 7.70 EPS for the current year.

Dollar General Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 20th. Stockholders of record on Tuesday, October 6th were paid a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, October 6th. This represents a $2.36 annualized dividend and a dividend yield of 1.8%. Dollar General’s payout ratio is currently 30.69%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on DG shares. HSBC raised shares of Dollar General from a “hold” rating to a “buy” rating and increased their price objective for the stock from $125.00 to $160.00 in a research report on Thursday, September 24th. BNP Paribas Exane raised their target price on Dollar General from $113.00 to $129.00 and gave the company a “neutral” rating in a report on Friday, August 28th. Wolfe Research reissued an “outperform” rating and set a $143.00 price target on shares of Dollar General in a research report on Thursday, August 13th. Wall Street Zen downgraded shares of Dollar General from a “buy” rating to a “hold” rating in a research report on Saturday, October 24th. Finally, Gordon Haskett upgraded shares of Dollar General from a “hold” rating to a “buy” rating and set a $140.00 price objective on the stock in a research note on Tuesday, October 6th. Twelve analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $137.96.

Dollar General Profile

Dollar General Corporation (NYSE: DG) is a discount retailer that operates stores offering everyday essentials at value-oriented prices. Its merchandise typically includes consumable products such as food, beverages, cleaning supplies, paper products, and personal-care items, along with seasonal goods, basic apparel, home products, and select health and beauty items.

The company primarily serves communities across the United States through a large network of neighborhood-focused stores, including locations in rural and suburban markets.