Dimensional Fund Advisors LP Raises Position in Dollar General Corporation $DG

Dimensional Fund Advisors LP raised its position in shares of Dollar General Corporation (NYSE:DG) by 2.8% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,800,145 shares of the company’s stock after acquiring an additional 75,323 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Dollar General were worth $332,443,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Dollar General by 4.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,317 shares of the company’s stock valued at $2,314,000 after purchasing an additional 1,185 shares during the period. NewEdge Advisors LLC grew its stake in Dollar General by 12.3% in the first quarter. NewEdge Advisors LLC now owns 10,450 shares of the company’s stock worth $919,000 after purchasing an additional 1,148 shares during the period. Woodline Partners LP grew its stake in Dollar General by 40.7% in the first quarter. Woodline Partners LP now owns 18,580 shares of the company’s stock worth $1,634,000 after purchasing an additional 5,373 shares during the period. Sivia Capital Partners LLC bought a new position in Dollar General in the second quarter worth $211,000. Finally, Jump Financial LLC bought a new position in Dollar General in the second quarter worth $209,000. Hedge funds and other institutional investors own 91.77% of the company’s stock.

Dollar General Stock Performance

Shares of DG opened at $123.28 on Wednesday. The company has a market cap of $27.19 billion, a price-to-earnings ratio of 17.44, a P/E/G ratio of 1.90 and a beta of 0.25. The business’s fifty day simple moving average is $112.67 and its two-hundred day simple moving average is $127.36. Dollar General Corporation has a 12 month low of $95.11 and a 12 month high of $158.23. 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 (NYSE:DG) last posted its quarterly earnings results on Tuesday, June 2nd. The company reported $2.00 earnings per share for the quarter, topping the consensus estimate 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 return on equity of 18.65% and a net margin of 3.63%.The company’s revenue was up 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.78 earnings per share. Dollar General has set its FY 2026 guidance at 7.200-7.450 EPS. Research analysts anticipate that Dollar General Corporation will post 7.38 earnings per share for the current fiscal year.

Dollar General Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Tuesday, July 7th were given a $0.59 dividend. The ex-dividend date of this dividend was Tuesday, July 7th. This represents a $2.36 dividend on an annualized basis and a yield of 1.9%. Dollar General’s payout ratio is 33.38%.

Analyst Ratings Changes

DG has been the subject of several recent research reports. BNP Paribas Exane lowered their price objective on Dollar General from $144.00 to $113.00 and set a “neutral” rating for the company in a research report on Wednesday, June 3rd. Freedom Capital downgraded shares of Dollar General from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 2nd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $149.00 price target on shares of Dollar General in a research note on Wednesday, June 3rd. Gordon Haskett cut shares of Dollar General from a “buy” rating to a “hold” rating and lowered their price target for the company from $140.00 to $110.00 in a research report on Friday, May 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Dollar General from $110.00 to $114.00 and gave the stock a “hold” rating in a research note on Thursday, June 4th. Ten research analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $131.27.

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.